Wisconsin physician-mortgage planning
Matt works with physicians purchasing in Wisconsin. Begin before the offer so the employment contract, start date, student-loan treatment, cash reserves and property can be reviewed as one plan. Final approval and product availability depend on the complete application and property.
Wisconsin medical markets
Milwaukee-area moves may center on Froedtert & the Medical College of Wisconsin, Children’s Wisconsin and Advocate Aurora. Madison includes UW Health and the University of Wisconsin School of Medicine and Public Health. Green Bay, Appleton, La Crosse, Marshfield and Eau Claire each have regional systems and commute patterns that should be considered alongside call schedules and relocation timing.
Current LMCU doctor-mortgage terms to compare
LMCU currently advertises 100% financing up to $1.25 million for well-qualified borrowers, 95% financing up to $1.5 million, 90% financing up to $1.75 million, loans up to $2.5 million, no required mortgage insurance, and fixed- or adjustable-rate options. Eligible professions listed by LMCU are MD, DO, DDS, DMD, DPM and CRNA. Deferred student debt may be excluded from the debt-to-income calculation. Terms, pricing, property eligibility, payroll-deposit requirements and availability must be confirmed for the borrower and property before an offer.
- 0% down up to $1.25 million for qualifying transactions
- 5% down up to $1.5 million and 10% down up to $1.75 million
- No required mortgage insurance under the advertised program
- Residents, completed residents and established doctors may be eligible
- A signed employment contract may support planning, but underwriting must confirm start-date rules
Property taxes and closing costs
Wisconsin property taxes vary by municipality and school district, and the seller’s current bill may not reflect the buyer’s future bill. Use a property-specific estimate, review special assessments and include homeowners insurance, association dues and local closing practices in the complete payment plan.
Contracts, condos and unique properties
Provide the full signed employment agreement and identify start-date conditions, credentialing requirements and variable compensation. Condominiums, rural properties and homes with acreage may need extra project, appraisal or property review, so send the address and documents early.
Frequently asked questions
Can Matt help with a Wisconsin physician mortgage?+
Yes. Matt works with physician-mortgage borrowers purchasing in Wisconsin. Program, borrower and property eligibility are confirmed during the application and underwriting process.
Can a resident or fellow use a future employment contract?+
Potentially. The full agreement, guaranteed compensation, start date, contingencies and the gap between closing and employment must meet the selected program’s underwriting requirements.
Are Wisconsin condominiums eligible?+
Possibly. The borrower and condominium project must both satisfy the selected program, insurance and project-review requirements.