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With roughly 122 community hospitals scattered across 95 of its 105 counties, Kansas is a great place to build a medical career and settle down. If you’re unfamiliar with the kinds of hospitals in Kansas, don’t fret, we’re here to help.
Let’s learn more by taking a look at five important facts.
Kansas Hospitals: Salary Overview
Salaries for primary care doctors working at Kansas hospitals can range from $180,000 to $240,000. However, those who specialize get quite a bit more. Urologists in Wichita can earn between $330,000 and $400,000 and orthopedic surgeons can expect around $325,000.
Although Kansas has a lower cost of living than other states, when you consider paying back medical school bills, raising a family, and trying to buy a house, the salary may not seem enough. Luckily, there are specific physician mortgage loans that can help.
1. Kansas Hospitals Have 3 Main Health Providers
The state of Kansas has three main healthcare providers for the majority of its citizens. These include:
- HCA Midwest Health
- Saint Luke’s Health System
- The University of Kansas Health System
HCA Midwest Health is in charge of five Kansas hospitals spread across Kansas City, and Wichita. Saint Luke’s Health System takes care of nine Kansas hospitals in Kansas City, Garnett, and Lola. The University of Kansas Health System has its main center in Kansas City, alongside branch hospitals in Topeka and Lawrence.
2. The University of Kansas Hospital Is the Best Kansas Hospital
For 12 consecutive years, the University of Kansas Hospital in Kansas City has ranked as the best hospital in the state.
Not only that, but it’s also nationally ranked as one of the top 50 hospitals in the U.S. for seven adult specialties. Alongside the national ranking, the University of Kansas Hospital is also “high performing” in 3 adult specialties and 16 procedures and conditions.
3. Stormont Vail Hospital Is High Performing in 3 Adult Specialties and 10 Procedures
Stormont Vail Hospital in Topeka is considered to be the second-best of all Kansas hospitals.
Although it doesn’t rank nationally, the U.S. News and World Report gave it high-performance marks for its adult specialties: Gastroenterology and GI Surgery, Geriatrics, and Pulmonology and Lung Surgery.
Stormont also ranked high-performing in 10 procedures ranging from heart failure and heart repair to hip replacements and knee replacements.
4. Advent Health Shawnee Mission is High Performing in 8 Adult Specialties
Advent Health Shawnee Mission in Shawnee Mission, Kansas is considered the third-best of Kansas hospitals.
This regionally ranked hospital is high-performing in the following eight procedures:
- Heart attacks
- Heart failures
- Diabetes
- Kidney failure
- Back surgery (spinal fusion)
- Hip fracture
- Knee replacements
- Chronic Obstructive Pulmonary Disease (COPD)
5. Providence Medical Center Is a Top 100 General Surgery Hospital
The Providence Medical Center in Kansas City, Kansas has won quite a few awards from Healthgrades over the years.
From 2017 to 2021, it was awarded Healthgrades Top 100 U.S. hospitals for General Surgery. Alongside that, it was one of America’s Top 250 best hospitals in 2020 and has received five-star recipient awards for its treatment of stroke and spinal fusion surgery.
Live and Work in Kansas
Kansas hospitals come in all different shapes and sizes. Some, like the University of Kansas Hospital, are nationally acclaimed and do cutting-edge research. Others are more humble hospitals in rural areas.
Regardless, physicians who want to work and settle down in Kansas need to consider how they’ll pay for a house. Dr. Home Finance specializes in mortgage loans specifically tailored to medical professionals. Contact us today to learn more.
Looking for a Physician Mortgage Specialist in Kansas?
Looking for a Physician Mortgage Specialist in Kansas?
Whether you are relocating with a physician loan or need a new physician loan, we have helped doctors just like you; Wichita, the great city of Overland Park, and Kansas City while not forgetting about Olathe.
Our network of Bankers closed over one billion dollars in mortgages last year, and our vetted banker network is ready to help you.
Take advantage of the best mortgage product in the country, and contact one of our verified lenders today!
As a medical professional you understand the importance of specialization
- Choose the right specialist for your home finance needs
- Custom strategy for your needs. Get 3-4 times higher loan amounts than conventional loans
- Not all physician loan providers are the same. Our network is vetted so you don’t have to wonder
1. BMO Harris
BMO Harris offers affordable home loans with no PMI and flexible debt-to-income underwriting options.
Even if you have student debt, are starting residency soon, and have an employment contract with a starting date within 90 days of closing, you may still qualify as a licensed medical doctor with MD, DDS, DMD, or DO credentials.
You can choose from the following options to fund your project:
- 0% down for up to $1 million
- 5% down for up to $1.5 million
- 10% down for up to $2 million
Please contact Marc 920-831-7721 for more information.
2. Huntington National Bank
Doctors looking for a home mortgage can turn to Huntington National Bank for professional assistance. An MD, DO, DDS, DVM, or DMD is especially suited to these doctor mortgage loans.
Being able to borrow up to $2 million without PMI is one of Huntington National Bank’s greatest advantages. In addition, loans up to $1 million are available with 100% financing.
You may also apply if you are a new resident. Simply provide a copy of your employment contract and a letter from your employer to qualify.
Please contact Darick 517-214-3257 for more information.
3. Fifth Third Bank
Fifth Third Bank’s physician mortgage loan program is available to new and established MDs, dentists, and veterinarians (DPM, DDS, DMD, DVM, and OD).
A practicing doctor or dentist—that is, one who has been employed for at least a year or who has been self-employed for at least two years—may be eligible.
Non-residents, fellows, and new doctors also qualify for these same terms, but they must make a low down payment of $1 million.
4. First Citizens Bank
First Citizens Bank provides physician mortgage loans to medical professionals with the following designations: MD, DM, DO, DPO, DDS, PA, CRNA, CRNP, and DPT.
First Citizens Bank offers the following physician mortgage benefits:
- Zero down payment with 100% financing.
- Capacity to build a home, refinance an existing one or buy a home.
- Mortgage split options are available. (80/20 mortgage: 80% as the first mortgage and 20% as a home equity loan.)
You must have at least three years of tax returns or an employment contract to satisfy the requirements, in addition to having a credit score of 700 or higher.
5. First Horizon Bank
When you apply for the First Horizon Bank physician mortgage loan, you can take advantage of no upfront PMI, higher loan amounts, and low credit score thresholds. You may close up to 90 days in advance of starting a new job, provided you have an employment contract. Physicians with a credit score of 680 or less may qualify.
There are three options for funding:
- 0% down for up to $1.5 million
- 5% down for up to $2 million
- 10% down for up to $2.5 million
6. First National Bank
Eligible MDs (Doctors of Medicine), DOs (Doctors of Osteopathic Medicine), dentists, veterinarians, and podiatrists may apply for First National Bank’s Doctor Loan program, provided they are less than 10 years from training. Those with more than 10 years are still eligible but must make a minimum 10% down payment.
Individuals with H-1B visas or green cards are welcome to apply. One must provide a signed offer letter or employment contract to be approved.
Up to 80% of the loan can be cash-out and refinanced. 30-year and 15-, 10-, 7-, and 5-year fixed-rate ARMs are available.
7. Flagstar Bank
Flagstar Bank offers doctor mortgage loans for home purchases and refinancing in all 50 states, with no PMI and up to 100% financing.
Anyone who has the following degrees may apply to Flagstar Bank: medical residents, MDs, DDSs, DMDs, ODs, Doctor of Pharmacy, DOs, RNs, physician assistants, nurse practitioners, clinical nurse specialists, ATP pilots, CPAs, attorneys, veterinarians.
To be eligible, one must be 10 years or less from the beginning of their career.
They provide ARMs or adjustable-rate mortgage refinances for H-1B visa holders or green card holders.
You must have at least a credit score of 720 to qualify for 0% down. You must have at least a credit score of 700 to qualify for 5% down.
You must provide two years’ worth of documentation if you are a 1099 worker.
8. Citizens Bank
A doctor loan from Citizens Bank is available to Doctors of Medicine (MD), Doctors of Osteopathic Medicine (DO), Doctors of Dental Medicine (DMD), and Doctors of Dental Surgery (DDS). However, you must have completed your residency within the last 10 years or be a current medical resident, fellow, or intern to qualify.
Citizens Bank offers the following financing options for physician mortgages:
Borrowers can choose between a fixed- or adjustable-rate loan.
9. KeyBank
KeyBank’s doctor and dentist program extends eligibility to those who are residents, fellow, or attending physicians (MD, DO, DPM, or DMDs). Those who can provide a signed employment contract can be accepted 90 days before starting their job.
A borrower may receive a conventional mortgage with 100% financing.
KeyBank offers 10/6 Adjusted-Rate Mortgages (ARM), 7/6 ARM, and 5/6 ARM in addition to 30-, 25-, 20-, 15-, and 10-year fixed-rate mortgages.
$1,000,000 is the maximum cash-out available. KeyBank allows physicians to borrow money to purchase a second home. Also, they allow the purchase of condos and planned unit developments.
10. Regions Bank
The Regions Bank Medical Professional Loans program does not require PMI and does not set a limitation on the length of time a medical professional must have been practicing in order to be eligible for a loan.
Regions Bank makes it easier to secure the loan amount you want by excluding some deferred student loan payments from your DTI ratio.
Pharmacists, nurse anesthetists, nurse practitioners, physician’s assistants, veterinarians, chiropractors, optometrists, podiatrists, MDs, DOs, DMDs, and DDSs, among others, are eligible for scholarships. Residents and fellows are also eligible.
You can close up to 60 days before the listed start date on your employment contract or date of transferred employment.
Non-permanent visa holders are not eligible.
There are 10-, 7-, and 5-year ARMs, as well as 30- and 15-year fixed-rate mortgages.
Regions Bank provides fast and friendly consultations at no credit check required.
11. S&T Bank
Doctors, lawyers, and doctorate holders are all eligible for S&T Bank’s professional mortgage program. You can qualify for this exclusive program without PMI if you are a medical doctor, attorney, or doctorate degree holder.
You can get up to 95% financing with 10-, 15-, 20- and 30-year repayment plans.
S&T Bank can provide VA mortgages to service members, veterans, and surviving spouses. The professional mortgage program, however, may provide more benefits.
12. TD Bank
TD Bank offers up to 100% financing on doctor, dentist, and podiatrist mortgages without PMI. Residents and fellows may also qualify, with the added benefit of being able to close up to 90 days in advance of your start date.
You must have one of the following degrees to qualify: MD, DO, DPM, DDS, or DMD.
Here are the details of the TD Bank loan:
- 0% down for loans up to $750,000
- 5% down for purchases up to $1.3 million
- 10% down for purchases up to $2 million
TD Bank provides 30-year fixed and adjustable-rate mortgage (ARM) financing options. Doctors with green cards and H-1B visa holders can also be eligible for flexible underwriting.
13. Truist
Physicians, both new and established, can take advantage of the Trust doctor mortgage loan program to obtain low-interest rates and flexible payment plans.
Practicing doctors (MD, DO, DDS, DMD, or DPM) may be financed in one of the following ways:
- 0% down for loan amounts up to $1 million.
- 5% down for up to $1.5 million.
- 10.01% for up to $2 million.
A $750,000 loan amount is permitted, subject to certain restrictions, for accredited fellows and residents in the state.
14. U.S Bank
U.S. Bank provides professional mortgage options for medical physicians, including residents, fellows, and doctors of osteopathy (DO). Dentists and nurses are not eligible at this time.
You can borrow up to $2.5 million, but you’ll need a minimum down payment.
U.S. Bank doesn’t advertise the doctor mortgage loan on its website, so get in touch with Jonathan Brozek.