Hancock Whitney Bank

At Hancock Whitney, we are a very highly trusted financial institution serving the Gulf Coast for over a century, and we are committed to helping medical professionals achieve homeownership with exclusive mortgage solutions designed to meet your unique needs. Exclusive discounted rates with a banking relationship can be offered as part of our physician loan. We do also offer other creative financial solutions, and we do have other very attractive loan programs with some of the most aggressive pricing in the south. Whether you are beginning your medical career or are an established professional, our specialized mortgage solutions provide a seamless, stress-free path to homeownership. Experience the difference of working with a bank that understands and supports physicians.

Loan Officers

Michael Bruegel (NMLS #496393)

STATES:  AL, FL, LA, MS, TX
EMAIL:  [email protected]
PHONE:  817-925-9393

Terms

  • 100% financing up to $1 million—no down payment required
  • No Private Mortgage Insurance (PMI)—keep your costs lower
  • Available to Medical Doctors (MD, DO, DPM, OMS)
  • Flexible loan options: 15-year fixed rate or 5-, 7-, and 10-year adjustable-rate mortgages on 30 year terms
  • Available for primary residences
  • Minimum credit score of 700
  • No first-time homebuyer requirement
  • Close up to six months before employment begins—perfect for residency transitions
  • Deferred student loans (at least 12 months) excluded from debt calculation
  • Additional .5% in rate discount if you open up a banking relationship with Hancock Whitney Bank

Professions

MD, DO, DDS, DMD, Resident, Fellows, DPM, OMS

Strengths

  • Minimum credit score of 680
  • No First Time Homebuyer requirement
  • 1099 income-based contracts can be used as a form of income for the program (less than 12 months 1099 income approvals with a contract)
  • Close up to 6 months before you begin employment
  • Student loans deferred at least 12 months will not be included in your debt calculation
  • Aggressively priced loans with additional banking relationships

 

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