You’re an expert in your field. So are we.
If you're a physician, dentist or other medical professional, you may have unique needs when buying or building a new home. At Security National Bank of South Dakota, we specialize in addressing those needs. Unlike a big-box lender, we make our decisions locally — which means we have the flexibility to offer customizable loans, tailored to fit your unique needs as a medical professional.*
Do You Have Significant Student Loan Debt?
If your medical student loans are throwing off your debt-to-income ratio, it can sometimes be difficult for you to get a conventional mortgage from a traditional lender. That’s where we come in! We'll work with you to structure a home loan that works for you.*
Do You Need to Move In, Before You Start Work?
With an intense work schedule, the last thing you want to worry about is a stressful mortgage. No problem! We’ll expedite the closing process, and work to get you closed before your start date. You may also be able to use your employment contract for income qualification, to speed along the approval process.*
Are You Concerned About Your Down Payment & Closing Costs?
If you’re fresh out of your training, it’s unlikely you’ll have the lump sum needed for a 20 percent mortgage down payment. That’s why we offer up to 100% loan-to-value financing, reduced closing costs and the opportunity to use your sign-on bonus as down payment — meaning you’ll be able to afford your home now.*
Not Very Familiar with The Mortgage Process?
Between putting in massive hours at work, studying for board exams, managing family duties and finding ways to finance your student loan debt, you have enough on your mind. The last thing you need to add to your list is a bunch of mortgage stress. So, think of us as the prescription! Our mortgage specialists are caring experts in their field — just like you — and will be with you every step of the way.
About Security National Bank of South Dakota
For us, banking is about more than finances. From day one, we’ve valued people first — both our customers and employees. Security National Bank of South Dakota was founded on the principles of humility and community service, and these characteristics have become ingrained in our culture and are reflected by our employees every day.
Other Physician Services
Physician Buy-In Loans
We offer a variety of physician’s buy-in loan plans to meet your specific needs, from short-term seasonal lines to long-term business and commercial real estate loans. And as a locally owned bank, all lending decisions are made here by our experienced commercial lenders.
One of the best benefits you can provide your employees is the ability to have a comfortable retirement. Security National Bank Wealth Management offers a variety of retirement plans to fit your organization’s specific needs, whether you wish to attract top talent, increase employee tenure or both.
No matter if it's retirement or estate planning, investment management or asset protection trusts, the Security National Bank's Wealth Management team can help you handle any aspect of private wealth management.
Ready to Get Started?
Schedule a free consultation today, or answer a few quick questions online to get pre-qualified* for a physician’s home loan.