Physician Loans
For Medical Physicians and Current Residents
You spend time taking care of others; let us take care of you.
A Loan for Your Unique Needs
With a Physician Loan at SouthState, we demonstrate our faith in you by offering home financing to meet your unique needs. With this loan program we may be able to lend to Medical Doctors (MD), Doctor of Osteopathic Medicine (DO), Dentists and Veterinarians, including those currently in residency.
With a Physician Loan, you are able to come to closing with no down payment and get up to 100% financing2 without paying private mortgage insurance (PMI), which is typically required if you are putting less than 20% down.
With a Physician Loan, you are able to come to closing with no down payment and get up to 100% financing2 without paying private mortgage insurance (PMI), which is typically required if you are putting less than 20% down.
Physician Loans at SouthState
Physician Loans at SouthState
- No Private Mortgage Insurance
- Purchase or refinance of primary residence
- Purchase of secondary residence
Financing Options for Primary Residence
- Up to 100% financing available (loans up to $2,000,000)1
- Up to 90% financing available (loans up to $3,000,000)1
Financing Options for Second Home
- Up to 90% financing available (loans up to $2,000,000)1
- Up to 85% financing available (loans up to $3,000,000)1
Contact us today to make your dream home become a reality.
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Mortgage Insights
Important Legal Disclosures and Information
- All loans subject to credit approval.
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1. 100/90% financing available to qualified borrowers through the bank’s Portfolio Physician's Loan Program. Closing costs must be paid upfront and cannot be financed under the 100/90% programs. SouthState will loan up to 100/90% of the loan to value based on the lesser of the purchase price or a bank-accepted appraisal for a primary residence or rate-term refinance.
2. 90%/85% financing available to qualified borrowers through the bank’s Portfolio Physician's Loan Program. Closing costs must be paid upfront and cannot be financed under the 90/85% programs. SouthState will loan up to 90/85% of the loan to value based on the lesser of the purchase price or a bank-accepted appraisal for second home purchase.
