Doctor Home Loans in Wisconsin

Doctor Home Loans in WisconsinIf you’re thinking of purchasing a home in Wisconsin, or refinancing an existing mortgage, using a doctor home loan in Wisconsin can help your housing dream become a reality. There are now over 17,000 physicians that call the Badger State home.

Whether you’re choosing Wisconsin to be near your family or start your career in medicine, you’ll join over 5.8M residents who call Wisconsin home. But Wisconsin is much more than dairyland and famous sports teams to those who call it home. It’s also a state where you can find the hustle of a big city or the laid back life in the country. You can find vibrant college towns or quiet lakeside living.

Recommended Lenders for Doctor Home Loans in Wisconsin

Marc Evans, BMO Bank - Florida Doctor Home LoanMarc Evans, Private Bank Mortgage Banker | BMO Harris Bank 

Marc Evans has been in the mortgage industry north of 20 years. He believes banking is a personal commitment to helping people at every stage of their financial lives. Knowing people’s needs change, he would never waiver from providing his customers the best possible banking experience in the industry.

Contact Marc by visiting this link or call (920) 831-7721

 

US Bank physician loan Jonathan Brozek, Mortgage Loan Officer | U.S. Bank

“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

 

Mark A. Fitzpatrick - Fifth Third BankMark A. Fitzpatrick, Mortgage Loan Originator | Fifth Third Bank

States: OH, FL, GA, IL, IN, KY, MI, NC, TN, WV, SC, WI, PN

Mark A. Fitzpatrick at Fifth Third Bank has been in the mortgage business for the past 26 years and working exclusively with physicians for 14 of those. Knowing that physicians need someone they can rely on, understand their challenges, be accessible/available during their hours, Mark would be with you every step of the way. Mark also knows that straight answers are rarer than ever around regulations and the mortgage process. You’ll need someone like him who can get rid of the jargon and still keep your dream of buying (or refinancing) your home alive.

Find out how great Mark is by reaching out here: www.financialresidency.com/53

 

 

Living in Wisconsin means you have tons of choices for whatever lifestyle you choose. A doctor home loan can make it possible to own a home, no matter which place you choose. 

To get started with your home buying process, you should choose a lender who understands your unique schedule and finances as a physician. A knowledgeable lender can get you pre-qualified for a physician mortgage loan so you will have solid numbers to work with throughout your home-buying journey. You’ll know what to expect in a monthly mortgage payment as you narrow down your housing choices. No matter if you need a mortgage with no PMI or a down payment, a qualified lender will help you narrow down the best choice of mortgage products.

If you’re ready to get started on the process of obtaining a physician mortgage loan in Wisconsin, then you’ll find these recommended lenders ready to help you move forward. 

The Complete List of Lenders for Doctor Home Loans in Wyoming

BMO Harris – BMO Harris offers several mortgage options for physicians. Physicians can borrow up to 100% on mortgages up to $750,000, 95% on mortgages up to $1M, and 90% on mortgages up to $1.5M. 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, WA and WI. Contact Marc Evans today!

 

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. Contact who we trust, Jonathan C. Brozek today!

 

Fifth Third Bank – The doctor and dentist loan programs at Fifth Third Bank offer medical practitioners with simple solutions to meet their home financing needs. Both new and established doctors can get fixed and adjustable rate mortgage loans to purchase or refinance. What’s more is that no private mortgage insurance is required. Eligible borrowers include: Medical Doctors (MDs), Doctors of Osteopathy (DOs), Doctors of Dental Medicine (DMDs), Doctors of Dental Surgery (DDSs), and Doctors of Podiatric Medicine (DPMs). New physicians, interns, residents and fellows (those who have practiced in less than 1 year) can get up to $1 million with a low down payment, or $750,000 with no down payment.

 

Laurel Road – Laurel Road is a digital lender that is owned by KeyBank who uses innovative technological and digital strategies to help you secure lending. The physician mortgage program with Laurel Road is a home loan tailored specifically to doctors, dentists and veterinarians featuring up to 100% financing for loans up to $750,000 (for primary residences). The physician loans have fewer restrictions than conventional mortgages and bases the lending decision on credit worthiness and future income potential. 

 

TIAA Bank – TIAA Bank is a large, national bank headquartered in Jacksonville, FL. They operate in all 50 states and offer a variety of physician mortgage loan products. Their doctor loan mortgage program is only available to existing medical doctors (and DO’s, veterinarians, dentists and dental surgeons) who are actively practicing and have completed residency in the past 10 years. TIAA Bank offers loan amounts up to $2M and without any PMI. A down payment is required and you must start employment within 60 days of the loan closing.

 

Midland States Bank – Midland States offers a comprehensive program for physician loans. Midland States Bank offers maximum loans up to $1.5M without any money down. You won’t have to pay any PMI either. There are traditional and adjustable rates and terms for your consideration. If you have a minimum credit score of 720, then you can begin the qualification process for a physician loan with Midland Bank.

 

Union Bank – Union Bank has a fantastic physician home loan that includes some of the best rates in the nation. Key features include: 10% down to $1.25MM loan amount, they can close up to 6 months from start date of new contract (if exiting residency or fellowship). Your down payment, reserves, and closing costs can be gifted from family with no seasoning requirements (a HUGE benefit). There is no Mortgage Insurance or PMI and you can receive a lender credit for 0.25% of the loan amount up to $1,000 for opening a platinum checking account. 

 

Citizens Bank – Citizens Bank offers a special mortgage program for physicians and dentists through their doctor loan program. Their doctor loan is available for purchases and limited cash‑out refinances of primary residence. A few highlighted features of the program include up to 95% financing, no mortgage insurance, and your choice of a fixed-rate or adjustable-rate mortgage. Headquartered in Providence, RI, Citizens Bank has over 1,200 locations across the country.

 

Flagstar Bank – Flagstar bank offers a Professional Loan series available to physicians, dentists, attorneys and other high-income professionals. Features of the Flagstar Bank Professional Loan includes financing for loan amounts up to $1.5M. There are also low or no down payment options with adjustable rates. You will not have to pay PMI for the loans. You can also use these benefits for a purchase or refinance for your primary residence only. 

 

Huntington Bank – Huntington Bank offers a doctor loan program for medical doctors (MD, DO, DDS, DVMM, or DMD). The Physicians Only Loan Program can help you secure up to $750,000 with no down payment options. You can borrow up to $2M wiith flexible down payment options. Huntington Bank offers other benefits too, such as no PMI and no prepayment penalty. You can choose between fixed or variable rate options for your physician mortgage loans.

 

Willow Bend Mortgage – Willow Bend Mortgage has multiple loan options to suit your financial needs. Designed for physicians, dentists, and veterinarians, there are many benefits to the medical loan program. You can utilize terms such as a 5% down payment for loans up to $1M, 10% down up to $1.5M, or 15% down up to $2M – all without PMI. There is also a 0% VA loan program for vets and active military personnel. You can inquire about the 3% down option (but with PMI) for smaller loans. The loans can include either a fixed or adjustable rate.

 

Chemical Bank – Chemical Bank has 500 branches primarily located in Illinois, Michigan and Minnesota. There are additional locations in Arizona, Colorado, Indiana, Ohio, South Dakota and Wisconsin and operates in partnership with several other programs across the country. Chemical Bank offers financing for Residents, Fellows and Practicing Physicians in amounts up to $3M. Depending on the mortgage product, physicians may qualify for up to 100% financing, including the purchase of condos.

 

Fairway Independent Mortgage – Fairway offers borrowers the options of fixed-rate conventional loans and adjustable-rate mortgages. Prospective borrowers can apply for a loan with Fairway Independent Mortgage online, with the closing process taking place in person. Fairway has grown into a national independent brokerage network with more than 7,000 employees — including more than 3,000 loan officers — in over 500 branches.

 

Bank of America – Get started with the Digital Mortgage Experience with Bank of America. Preferred Rewards clients may qualify for a reduction of $200-$600 in the mortgage origination fee (based on your eligible balances at the time of application). Some of the home loan products they offer include fixed-rate mortgages, adjustable-rate mortgages, FHAs, and VA loans. Already pre-approved with Bank of America? View your pre qualification letter, or contact a lending officer about taking the next steps towards home financing.

 

SoFi – SoFi is known for refinancing choices, but physicians might not be aware of the mortgage options available. Although the mortgage option isn’t limited to only physicians, it is targeted towards highly-educated individuals. One alternative mortgage to consider includes a 10% down for up to $3M in financing. There are also fixed rate and ARM options, without any hidden fees for prepayment penalties.

Recommended Real Estate Agents In Wisconsin

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

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

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