Solutions for Medical Professionals
1st Source Bank is on call to support our doctors and physicians. Designed for busy professionals, our concierge service helps you advance both your career and personal life. Whether it’s specialized business loans, a personal mortgage, or wealth management, our experts are here to help.
A physician’s life is uniquely demanding. You juggle hectic shifts, the growth of your practice, and keeping up with the latest research: you barely have time for a personal life. 1st Source Bank recognizes and understand these challenges. Let us provide white-glove service and help you with loans, business banking, personal checking, investment, insurance, and more. Focus on your own well-being while 1st Source takes care of your financial health.
Secure the funds you need to start, grow, or acquire a practice with competitive interest rates and flexible terms.
Offer your patients flexible financing options, making healthcare more accessible and stress-free.
Benefit from home loans designed specifically for doctors, with favorable terms and low down payments.
All loans are subject to credit approval and a 1st Source Bank checking account is required.
Dedicated Relationship Managers
We manage both your personal and business finances, providing a holistic approach to your financial wellbeing.
Receive individualized attention and personalized service. We’ll go the extra mile with face-to-face consultations and onsite visits to better understand your practice and provide tailored financial solutions.
Boost Your Business’s Vital Signs. Let our experts diagnose your financial needs and customize a plan that keeps your business in top shape.
Finance your entry into a medical practice with our tailored loans. We provide 100% financing options to cover goodwill, working capital, and equipment.
Secure loans and leasing options to acquire the latest medical technology, with low-interest rates and customizable payment plans.
Manage cash flow and operating expenses with a business line of credit specifically designed for healthcare providers.
Whether you are purchasing office space or buying a new home, we’ll provide the best real estate loan for you.
Simplify your financial life with integrated personal banking services, including mortgages, savings accounts, and investment advice.
Receive expert advice on managing both personal and business finances, including retirement planning and investment strategies.
All loans are subject to credit approval and a 1st Source Bank checking account is required.
Physician Home Loans
We offer exclusive loans for MDs, DOs, DDSs, DMDs, and CRNAs that don’t require private mortgage insurance (PMI). This can save you hundreds of dollars each month. These loans also don’t count deferred medical school debt when calculating your mortgage qualifications and the amount you can borrow. 1st Source Bank is dedicated to make it easier for recent graduates, residents, and doctors who are relocating.
1st Source Bank and their physician home loan program was seamless, efficient, and predictable! My banker was instrumental in answering all of my questions and working closely with our builder. I have been with them for over 20 years and have been well taken care of by their team with every home I have owned!
South Bend
I’ve been a client for about 20 years. I appreciate the individual attention, professionalism, and fee structure. Believe me, the fees are very good, and I’ve shopped around. Whenever I’ve needed something, my private banker and his team are always available and helpful.
Mishawaka
1st Source is easy to work with, hospitable, but at the same time they know what they’re doing and get the job done. It’s just been a good experience for me!
Fort Wayne
Tell us about your goals, and we’ll prescribe the best solutions.
From practice loans to personal wealth management, our experts are ready to help.
A Practice Acquisition Loan provides financing to buy into an existing medical practice, including 100% financing options tailored for medical professionals.
We offer loans and leasing options for medical equipment, allowing you to keep your practice up-to-date with the latest technology.
A business line of credit that helps manage cash flow and cover operating expenses, ensuring your practice runs smoothly.
We provide loans for purchasing office space, as well as physician home loans.
Our services include mortgages, savings accounts, and investment advice, all managed through one dedicated team.
We offer expert advice on managing both personal and business finances, including retirement planning and investment strategies.
Each client is assigned a dedicated relationship manager who provides individualized service, including face-to-face consultations and onsite visits.
The American Medical Association (AMA) provides resources on medical practice management, policy updates, and the latest healthcare innovations for physicians nationwide.
Medical Economics offers financial management advice, practice management tips, and legal insights tailored to healthcare professionals.
Physicians Practice focuses on providing expert advice on practice management, healthcare technology, and financial planning for doctors.
Medscape delivers clinical news, continuing medical education, and practice management resources for healthcare professionals.
Becker’s Healthcare covers the latest in healthcare news, including practice management and industry trends, helping physicians stay informed.
The American Medical Group Association (AMGA) provides resources on managing and leading medical groups, including financial management and best practices.
The Healthcare Financial Management Association (HFMA) offers financial education, news, and tools specifically for healthcare finance professionals.
PracticeLink includes articles on career management, practice opportunities, and financial planning for physicians looking to advance their careers.
The Michiana Partnership serves Northern Indiana and Southwest Michigan, offering insights on regional economic growth and community development.
The Indiana Economic Development Corporation (IEDC) offers resources for business growth and regional development throughout Indiana.
The South Bend Regional Chamber of Commerce provides local business news, networking opportunities, and community insights for South Bend, Indiana.
The Indy Chamber offers resources on business growth, networking, and economic trends for businesses and professionals in Indianapolis.
The Indiana State Medical Association (ISMA) provides resources and updates for physicians practicing in the Indiana.
The Michigan Academy of Family Physicians (MAFP) provides educational resources, advocacy, and practice management support for family physicians across Michigan without offering branded insurance products.
The Greater Elkhart Chamber of Commerce offers business resources, community events, and networking opportunities specific to Elkhart, Indiana.
Greater Fort Wayne Inc. provides business resources, economic development updates, and networking opportunities for professionals and businesses in Fort Wayne, Indiana.
