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Doctor Home Loans in New Jersey

Doctor Home Loans in New JerseyThere’s never been a better time to consider purchasing or refinancing with a doctor home loan in New Jersey can get you one step closer to your dream. The Garden State is home to over 30,000 practicing physicians, making it one of the most popular choices for practicing medicine in the country.

New Jersey continues to be a prevalent choice for both physicians and others, with almost 9,000,000 people choosing to call it home. But New Jersey is more than its beaches and resort towns. It’s home to a diverse group of cultures and people, not to mention its world-class universities, hospitals and research facilities.

Recommended Lender for Doctor Home Loans in New Jersey

Citizens Bank Physician LoansNeil Surgenor, Physician Loan Specialist | TD Bank

For years, Neil has been helping physicians, surgeons and dentists achieve their dreams of homeownership.  From start to finish, he can help guide you through the process.  Beginning with our mortgage comparison tool to determine your options, to painlessly uploading your documents digitally, Neil will be there to assist and guide you during the entire process.  Whether you’re a first-time homebuyer, looking to purchase a second home or purchase an investment property, TD Bank has solutions designed for Doctors and an efficient process that makes getting a mortgage easier.

To learn more about Neil and why we highly recommend him, go here

Connect with Neil by visiting this link or by phone (212) 933-9900 or email: neil.surgenor@td.com

 

 

Darick Hensel,  Mortgage Banker, Huntington Bank (formerly TCF Bank) NMLS #1177936

With over 15 years experience in mortgage lending and many years specializing in physician loans, Darick Hensel draws on every previous client to help improve for the next.

He understands the nuances of physician contracts, relocations, and financial strategies. Married to a trauma surgeon, Darick values your time and need for expediency. Outside of helping new and experienced physicians with their mortgage needs, he loves his wife, 2 dogs, golfing, and traveling.  He and his wife already have tickets to the 150th British Open! Get to know Darick too.

Find him by visiting this link, emailing him at Darick.hensel@huntington.com, or calling 517-214-3257.   

 

“Pinch me. I must be dreaming!” is what one of Jonathan’s physician endorsers expressed after reflecting on his mortgage experience. Others state their experience allowed them to enjoy the process of buying a home. We’re optimistic you’d experience the same. But, there’s only one way to find out.

Contact Jonathan by visiting this link or call (916) 788-7982

 

UMB physician loansDoug Crouse, Mortgage Loan Officer | BMO Bank

Whether it’s your first home, a refinancing project or looking for the next home upgrade, Doug is focused on making a real and lasting difference. That’s why he takes the time to understand each of his clients’ unique home buying needs (as he has with my very own physician family).

Contact Doug by visiting this link.

 

 

Living in New Jersey means you’ll be able to choose any lifestyle you want- whether it’s a beach town, city life, or quiet suburb. A physician mortgage loan is a way to secure the best style of living for you and your family, no matter where you choose to call home. 

Starting the process of a doctor home loan in New Jersey is easier than you think. The best option is to work with a lender who understands the financial and scheduling challenges you face as a physician. Also, getting pre-qualified for a physician mortgage loan is an important step in the home loan process. Getting pre-qualified will help you navigate your new finances and understand the impact to your monthly budget. When you do find a home you love, being pre-qualified will show the seller how serious your offer is. 

Once you’re ready to settle down in New Jersey, you’ll find these preferred lenders ready to help you through the process. Get started today with a physician mortgage and you’ll be on your way to your dream of home ownership.

List of Lenders for Doctor Home Loans in New Jersey

BMO Harris – BMO Harris offers several mortgage options for physicians. Physicians can borrow up to 100% on mortgages up to $1M, 95% on mortgages up to $1.5M, and 90% on mortgages up to $2M. There is no PMI on physician mortgage loans through BMO Harris. The loan programs are available with either fixed or adjustable rates and without any special fees. BMO Harris is headquartered in Chicago, IL and also operates in the states of AZ, FL,IN, KS, MN, MO, and WI – excludes NY.

 

SunTrust (now Truist) – The doctor home loan program from SunTrust Bank (now Truist) is available to MDs, DOs, DDSs and DMDs that are currently in residency, and practicing professionals that have completed their training within the last 10 years. Residents and fellows are eligible for a SunTrust physician loan up to $750,000 with no down payment. Meanwhile, those within ten years of residency completion are eligible for higher physician loan amounts up to $1,500,000 with down payment options based on loan size. 

 

US Bank – U.S. Bank is a leader in the mortgage industry. Many of their customers have said they would recommend them in the future. They offer loans that meet almost every mortgage need. You may be eligible for the U.S. Bank Customer Credit with a new or existing U.S. Bank Personal Checking Package, or with an existing first mortgage with U.S. Bank. Take 0.25% of the loan amount and deduct it from the closing costs, up to a maximum of $1,000. At U.S. Bank, they know that your home is one of the biggest investments you’ll ever make. And whether you’re looking for a new mortgage loan, a mortgage refinance or a home equity loan, you want a partner you can trust. 

 

TD Bank – TD Bank is one of the biggest ten banks in the Nation and a favorite option for physicians! They offer a great selection of all types of mortgage loans. They have a great PHYSICIANS MORTGAGE loan product for medical or dental residents and fellows as well as practicing and self-employed physicians and dentists. They also offer other conventional loan and FHA abd VA loans. Products offered include a 0% down / 100% financing for loans up to $750,000, 5% down / 95% financing for loans up to $1,250,000, and 10% down for loans up to $1,500,000. All TD Bank’s Physician loans have NO PMI and flexible rate options including a 30 yr fixed and 5yr, 7yr and 10 yr Arm. TD Bank has over 1,200 branch locations and operates in multiple states on the East Coast. Contact Neil Surgenor for more information!

 

IberiaBank – IberiaBank offers several mortgage solutions for borrowers. Physician loans are offered to those both residents, fellows and practicing physicians. Doctors are eligible to borrow up to $1M with no money down. Mortgage loans are offered with options including  5/1 ARM, 7/1 ARM and 30 year fixed – all with no mortgage insurance. Iberia Bank is headquartered in Louisiana and is available in several states.

 

Recommended Real Estate Agents In New Jersey

Financial Residency has partnered with Dr. Moves to offer you a tailored home buying experience with agents that specialize in working with physicians in New Jersey. 

Moving to a different state? Click on the state you are moving to and get the best lenders in that state.

Return to all physician home loans by state.

 

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