LOAN PROGRAMS FOR MEDICAL PROFESSIONALS

As a medical professional, your financial situation is typically a bit different than most. Trust our Executive Banking team work with you to create personalized financing to meet your specific needs, no matter what stage of your career you’re in.

OUR CURRENT LOAN PROGRAMS

Medical Professional Loan Program

Get the funding you need to succeed.

Our financing decisions are made locally, we have the loan options to help you grow in your business and/or career, and we want to be your financial partners you can count on.

  • Finance up to 100% on purchases.
  • Flexible loan terms designed with your financial needs in mind.
  • Student loans are excluded from your debt-to-income ratios.
  • Mortgage loans do not require mortgage insurance.
  • Business loans are available for purchases, expansions, consolidations, startups, and working capital.
  • Benefit from our Small Business Administration Preferred Lender status (SBA rates and terms may vary from those offered directly by the bank as listed above)

Find a Mortgage Lender near you.

Resident Home Loan Program

Exclusively available to Mayo Clinic and OMC Residents and Fellows!

Experience the Home Federal difference with a specialized home loan program designed to simplify the purchase of your new home.
  • Finance up to 100% of the purchase price
  • Mortgage insurance is not required
  • A wide range of loan terms to meet your financial needs
  • Student loans are excluded from your debt-to-income ratios

Find a Mortgage Lender near you.

All Medical Professions Loan Program

 

Our financing decisions are made locally. Whether you are buying your first home or forever home, or refinancing, our experts are here to help you.

  • Finance up to 100% on purchases.
  • Flexible loan terms designed with your financial needs in mind.
  • Student loans may be excluded from your debt-to-income ratios.
  • Mortgage loans do not require mortgage insurance.

Find a Mortgage Lender near you.

 

Let Home Federal take care of you with our fast and easy application process.

If you have any questions or are ready to get started, contact our Executive Banking team.

Jody Chambers

Jody Chambers

SVP / Senior Executive Banking Officer
NMLS# 756186
507.252.7170
Email Jody

Marsha Douglas

Marsha Douglas

VP / Executive Banking Officer
NMLS# 516990
507.252.7172

Email Marsha

Robert Baudhuin

Robert Baudhuin

VP / Executive Banking Officer
NMLS# 712504
507.280.7254

Email Robert

Bring your banking home.

Learn more about our Executive Banking services.

Programs are subject to underwriting conditions and approval. Program offers are subject to change and be withdrawn without notice.