Dentist Home Loan

TAILORED MORTGAGE SOLUTIONS FOR DENTISTS

Are you a dentist looking to navigate the complexities of homeownership? At Physician Bank, we understand that your professional journey and financial needs are distinct. With years of experience, we offer specialized mortgage solutions. Our Dentist Home Loans* are made for the unique needs of dental professionals. Answer a few questions to contact one of our experts and learn more.

*Loans are subject to credit approval.

WHY CHOOSE A DENTIST MORTGAGE?

Dentist mortgages are tailored to address the unique financial challenges that dentists face. These mortgages offer distinct advantages:

Experience the ultimate mortgage flexibility with our personalized home loan solutions. Take advantage of incredible features and options tailored to meet your unique needs.

Low Down Payment: Many dentists have large student loans. This makes it hard for them to save for a big down payment. Our mortgage options allow you to purchase a home with minimal upfront costs.
Low Private Mortgage Insurance (PMI): In some cases, private mortgage insurance (PMI) can be reduced, further lowering monthly payments.
Flexible DTI Limits: Programs accommodate high student loans by offering flexible DTI ratios.

By choosing a dentist home loan, you can access benefits that traditional loans do not offer, ensuring a smoother path to your dream home.

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BENEFITS OF PARTNERING WITH PHYSICIAN BANK FOR YOUR DENTIST MORTGAGE

At Physician Bank, we don’t just offer mortgages; we provide a partnership grounded in understanding and support. We specialize in banking for dentists, which means:

Personalized Service: Our team takes time to understand your financial situation. We look at your income and student loans.
Expertise in Dental Financing: With years of experience serving dental professionals, we are adept at navigating your specific challenges.
Trust and Reliability: We are dedicated to your financial journey. We do more than just secure a loan; we want to build lasting relationships with our clients.

HOME LOANS FOR DENTISTS AT EVERY STAGE OF THEIR CAREER

You might be a recent graduate starting your career. You could also be an experienced dentist wanting to improve your skills. Or, you may be a professional looking to refinance. We have the right solution for you.

For Recent Graduates: Our tailored solutions seamlessly help you transition from student life to homeownership.
For Established Dentists: If you’re looking to buy your dream home, we offer options that align with your financial goals.
For Those Seeking to Refinance: Take advantage of lower rates or better terms to ease your financial burden.

HOW TO QUALIFY FOR A DENTIST HOME LOAN

Get ready to take the first step towards securing your dentist home loan! While it might seem daunting, we’ve got you covered with our easy-to-follow criteria. With Physician Bank, all you need to do is meet six requirements to qualify. Say goodbye to stress and hello to a new home.

Get your dentist home loan approved with ease by verifying your income! Just present proof of your employment status such as pay stubs, W-2 forms, or an employment contract from a hospital or clinic.
Prove your financial stability with proof of liquid assets like savings or brokerage accounts.
Have a good credit score. You can validate your creditworthiness through necessary paperwork such as bank statements and paycheck stubs. Don’t let the lack of credit hold you back from your dream home!

Prove your financial stability by maintaining a healthy debt-to-income ratio. Ensure that your monthly debt payments don’t surpass 40% of your income.
Have a certificate or license to practice medicine, like an MD or DO degree or entering post-residency period.
To complete the process, make sure you have official documentation that confirms the address of your prospective home.

Great news! If you meet these criteria, you’re closer than ever to your dream home through Physician Bank. Don’t let paperwork intimidate you. With the right documentation, you can begin the process of getting approved for a dental home loan today.

GET STARTED WITH A DENTIST HOME LOAN

Need financing for buying or refinancing a home? Our dentist home loans have got you covered! Follow these easy steps to get started:

Collect your financial data: Organize your financial information beforehand. Ensure you have your credit score, income statements, and details of outstanding debts or loans in order.
Explore your loan options: Check out the interest rates, repayment terms, and fees linked to the loan to make an informed decision!
Contact Physician Bank: Let us know once you have a clear idea of what you’re looking for and we’ll guide you through the process. Don’t forget to bring along the financial info you gathered in step 1.

Start the application: Provide accurate and complete information on your application. Your eligibility is determined by the details you provide.
Wait for approval: We’ll carefully review your application and make our decision. It won’t be long – this process usually takes only a few days to a few weeks.
Receive the funds: Get the funds you need with our loan approval. It’s important to use them responsibly and make payments on time to keep your credit score looking good.

MORE THAN A DENTIST HOME LOAN

Not only do we offer dentist home loans, but we also have high-interest checking and savings accounts that can help you save big. Our accounts feature competitive interest rates and low fees that make it easier for you to keep more money in your pocket. Plus, we have a health savings account (HSA) that can save you money on medical expenses. By contributing pre-tax dollars to your HSA, you can spend the funds on qualified medical expenses tax-free. Start saving today with our top-notch financial offerings.

Achieving your financial goals is now easier than ever with our range of financial products. Choose from one or all of them to get started. Contact us today and learn more about how we can help you succeed.

PAYROLL PLUS ACCOUNT

Give your paycheck a boost!

Get the best of both worlds – the convenience of Direct Deposit and an excellent rate of return.

JUMBO DEPOSIT ACCOUNT

Your savings, safe and secure.

Attention, dentists! Get a high-yield savings account with flexible options that guarantee FDIC insurance for deposits of up to $7 million!

HEALTH SAVINGS ACCOUNT

Convenient health funds.

Discover a high-yield savings account for qualified dentists to save for current and future medical expenses. Perfectly tailored for use with high-deductible health insurance plans. Take charge of your healthcare savings today!

DENTIST MORTGAGE FAQ

What makes a dentist’s mortgage different from traditional loans?

Dentist mortgages are designed for your income and situation. They offer lower down payments, no PMI, and flexible terms.

Are there refinancing options available for dentists?

Absolutely! We provide refinancing solutions that can help you lower your monthly payments or adjust your loan terms.

What credit score is needed for a dentist mortgage?

Requirements vary, but many programs accommodate a range of credit scores.

Are there low down payment options for dentists?

Yes, some programs require little or no down payment.

Can I get a dentist loan with student debt?

Yes, many programs are designed to accommodate student loans.

How does a dentist’s home loan impact PMI?

Some specialized loans waive PMI if the pharmacist meets specific conditions.
By knowing the options available, a dentist can confidently buy a home. They can use special loans made for their profession.

140 North Phillips Avenue #101A, Sioux Falls

4.7 96 reviews

Tj Rajchel ★★★★★ in the last week
Julie was beyond amazing to work with. She spent well over 12 months as I went from house to house trying to make a purchase and each time, Julie was more than ready to assist with anything whether that be a preapproval letter or questions … More about financing. I cant say enough good things about my experiences with her and how simplified the mortgage process was! If I need to refinance I know I'm in good hands with Julie! Thank you again!
Sydney Rice ★★★★★ 3 months ago
Great experience! For something that is traditionally very stressful, Julie Velline and her team made our home-buying process smooth, quick and painless. We received our pre-approval in record time and throughout the remainder of the lending … More process, she was in constant contact and would respond to questions quickly. Highly recommend Julie for your next mortgage/refinance!
Siavosh Tarighi ★★★★★ 5 months ago
Exceptional Mortgage Lending Service – A Seamless Refinancing Experience
I had the pleasure of working with Julie and her outstanding team during my recent mortgage refinancing, and I am thoroughly impressed by the level of service I received. … More From the very start of the process, Julie demonstrated exceptional professionalism, expertise, and commitment. Her team worked tirelessly around the clock, maintaining clear communication and providing timely updates at every stage. Their attention to detail and thorough approach ensured that the refinancing process was not only smooth but efficient and stress-free.
Having secured multiple mortgage loans in the past, I can confidently say that this experience stands out as the most seamless and well-executed. Julie and her team's dedication to excellence, coupled with their ability to navigate the complexities of the refinancing process, is truly unmatched in the industry. Their focus on client satisfaction and ensuring that all of my questions and concerns were addressed in real-time made a significant difference.
I wholeheartedly recommend Julie and her team for anyone seeking mortgage services. Their commitment to delivering a top-tier customer experience, alongside their strong work ethic and ability to meet deadlines, sets them apart in the lending space. Without a doubt, Julie has raised the bar, and I look forward to working with her again in the future.
Abby Bennett ★★★★★ 3 months ago
Incredibly responsive and helpful when pursuing a home loan. I would highly recommend Julie. She communicates in whichever avenue is easiest for you (email, phone, etc) and answers questions in as much or little detail as is needed. She … More also has competitive rates which kept me from needing to shop around too much for another lender!
Marge Haworth ★★★★★ 2 months ago
Julie is a Realtors dream to work with. Responsive and prompt. She actually closed our transaction almost 2 weeks early, capturing the best rates for our comman clients. 5 stars all day long!
Erin Brandsgard ★★★★★ 3 weeks ago
Jeremy was incredibly helpful, resourceful, kind, and always available in our process of buying our first house. He made it so easy for us and helped us through every step of the way!
J. Eric Fischer ★★★★★ 4 months ago
I have been working with Kara regarding what I may qualify for. She has given me a wealth of information and a strategy for my next steps in the process. I spoke with several other lenders before working with Kara and no one was willing … More to give me the time of day because I was not planning on buying for 6-12 months. Also, she is able to lend in all 50 states. This makes it really easy for me to look at relocating to another part of the country and being able to coordinate that with the purchase of a new home. I would highly recommend working with Kara. She’s been in the business for over 20 years and knows what she is talking about and helps create a great financial strategy for being prepared to make a purchase.
Tyler Roicki ★★★★★ 3 months ago
This was my wife & I's second time working with Matt Velline in the past year and a half on a home purchase, using a Physicians Loan. The loan & closing process was absolutely seamless each time.
Not only did we close on time … More which was very important to us, but funding happened as quickly as any I've ever seen (I'm a real estate agent, so I've seen a lot of different situations).
We're super happy with Matt & his team. I look forward to working with him again in the future & would highly recommend!
Katie Moore ★★★★★ 8 months ago
I feel so incredibly lucky to have been able to work with Nikki Rydberg for my physician home loan. She repeatedly went above and beyond the call of duty to help me. She not only was the one who discovered a long-standing error in my credit … More report that even I had somehow missed (my medical student loans were reported in duplicate!), but she helped correct that error for the sake of this loan, and additionally helped me figure out next steps to take for permanent dispute of this reporting error for the sake of my credit in general. She was available to me around the clock for any and all questions, and I truly could not have asked for a better partner in navigating this stressful time. @Heritage Bank and @Physician Bank, you are incredibly lucky to have Nikki on your staff – I do not have enough positive things to say about my experience working with her!
Kazvin Marfatia ★★★★★ a year ago
My fiancé and I are so grateful we got to work with Julie! As first time home buyers, the home buying process can be daunting but we honestly could not have had a better experience. Julie is available night and day to address any of our … More concerns and her responses are always very prompt. We valued how organized she is and would recommend her expertise to anyone. Thank you Julie!!! Looking forward to working with you again in the future 🙂
Randy Cox ★★★★★ 8 months ago
Julie was great to work with through the mortgage process! She was very attentive, responsive, and supportive through the entire process. Highly recommend her and will be working with her in the future for any new home purchases or refinances! … More
Dr. CRP ★★★★★ 7 months ago
I need to provide a big thank you to Julie. I had an extremely hard time finding a lender who would provide a preapproval after relocating for work. All the other lenders were immediately dismissive since I have complicated finances due … More to owning multiple rental properties and the way lenders have been tightening their approvals. Julie straight up told me: I will find a way to get it done. And she followed through with that statement. Now I am typing my review in the comfort of my new home. It wasn't an easy process due to how complicated the structure of my properties are, but complicated and not having a home are two completely different scenarios. No one else could do it, but Julie did. A much deserved should out and 5 star review for getting the job done that no one else could. I am grateful.
Kelly Newton ★★★★★ 10 months ago
We had a lot of life changes and purchasing a new home was one of them. Julie was patient, knowledgeable, and walked us through every part of the process. Julie is an excellent communicator and was available at random times around my schedule. … More I highly recommend her and we now have the house of our dreams!
Chase Jackson ★★★★★ 8 months ago
Excellent & easy to work with. The smoothest process we've ever had dealing with any bank transactions. Julie made closing a breeze…we were in and out in less than 30 minutes at closing.
Tessa LaBounty ★★★★★ a year ago
I can not thank Julie Velline enough for the service she provided us during the home buying process. With the help of Julie and Physician Bank my husband and I were able to build our dream home. Julie was extremely knowledgeable and able … More to answer all of our questions (which as first time home buyers we had a lot of). She made the entire process run smoothly. I would definitely recommend Julie to anyone looking to buy or build a home, especially physician's who are interested in building their dream home as Physician Bank made the construction loan process so easy and seamless.
Brent Berry ★★★★★ 10 months ago
Julie is INCREDIBLE!! She is efficient and sooooo knowledgeable. The best part I would say is she cares!! She Pays close attention to each of my clients details and puts them in the best product to fit each buyers needs. Above all else … More she is the most kind and genuine person I know!
Brent Berry
eXp Realty
Fernanda Morais ★★★★★ 11 months ago
Julie was such a pleasure to work with. She was able to get everything we needed done quickly and smoothly (and responds during off hours) – even our realtor mentioned how efficient Julie was in making this process super easy.
Antoinette Hunt ★★★★★ 8 months ago
Nikki was a pleasure to work with. She made the transaction smooth to the closing. She is a professional and was responsive whenever needed to all parties concerned. She cares about her clients. I would highly recommend her for any of your … More loan needs.
Antoinette Hunt
Boukari Realty
Alachua Fl
Kirbi Sullivan ★★★★★ a year ago
Matt was the best! Wonderful to work with and made the process so easy. Very responsive and easy to get ahold of 24/7. Great option for first time home buyers and young physicians in residency. My husband looked at several options for mortgages … More and the Physician Bank team was by far the best. Juanita was also wonderful and very helpful! Will definitely be recommending to other physicians looking to buy.
Cristina Toledo-Cornell ★★★★★ a year ago
I worked with Teresa DeWolf anf her awesome team and I could not be happier with their professionalism, engagement, efficiency and overral stellar costumer service. I have now referred her and her team at Physicians bank to other colleagues … More and family. She gave ne a great rate and I am a seasoned Buyer (4th home). The process is seameless and the app super user friendly. I could not have asked for a more seameless experience on getting a loan! Thank you!! Picture of my new home bellow!
Fernando Zayas Bazan ★★★★★ a year ago
Physician Bank helped me secure a home loan at a great interest rate. We just closed June 12th 2023! Thank you Ryan and Physician Bank for making this sooo smooth!
Tony Captain ★★★★★ a year ago
Matt velline was an amazing mortgage loan originator. This was undoubtedly the most flawless and efficient process I have ever been involved in to obtain home mortgage loan. Rather the Spanish inquisition, I encountered a consummate professional … More who embodied sincerety and kindness. He was informative every step along the way and made the experience pleasant and tranquil. Matt made the process seem easy and comfortable. So, indeed wonderful loan mortgage originator that was the most superb!!!! Thank you physician bank for being the best ever in my book!!!! Also, Julie and Juanita were an intricate part of the process and great assets to the team!!! Kudos to all!!!!
Trinh To ★★★★★ a year ago
We had the utmost pleasure to work with Julie Velline. She is amazing!!! She helped us close the house in 4 days!! She honestly did God's work and made our dream come true. We were with another lender for 2.5 weeks and were not satisfied … More with their service. The previous lender clearly did not specialized in physician loans like we thought they do. Otherwise, they wouldn't have made the process more complicated than what it really is. It was the constant back and forth and none of our goals were being met. You would think there'll be minimal issues when you have 1 pharmacist and 1 medical physician in the household with 2 incomes. We had major headaches with the previous lender before we finally gave up on them and decided to be brave to reach out to a new lender during the buying process!! I called 1-2 other lenders and they all gave me the realistic answer of "No, we need at least 3-4 weeks to gather all the paperwork and process the loan". It was understandable considering we were with another lender for literally 2.5 weeks yet no loan was officially closed. I finally reached out to Julie for one final effort… and it was on Labor Day, 9/4! I did not anticipate any response due to the holiday and clearly all the banks would be closed. However, Julie responded!! She said they were closed for the holiday but she was willing to look over our documentation. I asked her if she can realistically help us close the loan on our closing date & she said "I don't see why not??". I was nearly in shock. My boyfriend and I sent over all the required documents. Julie and her processor literally worked around the clock for 2-3 days straight, I tell you! She was super responsive to her emails and worked like no other. She made sure to take care of us and to meet our goal of closing the house on 9/13/23. Honestly wow. Everyone we encountered during this buying process was nice and enjoyable to work with. They clearly know what they're doing and clearly have worked with other physicians and healthcare professionals before. They know how doctors live their life and their typical situations. They didn't have much questions regarding our background and finances. A+++ for Physician Bank and Julie! We are truly thankful for you.
Carolyn Lussenhop ★★★★★ a year ago
I had a wonderful experience with Physician Bank and they worked very closely with me to help me purchase my first home. My mortgage officer, Chris, was extremely helpful throughout the entire process. She is very knowledgeable, accountable, … More and went above and beyond to ensure that we closed on our home very quickly. We will continue to work with Physician Bank in the future, and I would absolutely recommend them to anyone!
Carrie Nemeh ★★★★★ a year ago
We just closed on our new home today and couldn't be more impressed with the service provided by Ryan at Physician Bank! He was incredibly responsive from start to finish. This was our first time buying a home so we had a lot of questions … More and Ryan was so patient and helped us every step of the way. We were able to get into our first choice home and close within 30 days. After extensive research we were most impressed by the choices and service provided by Ryan at Physician Bank which is why we ultimately chose this lender. Thank you!