Dentist Mortgages in Alaska


You’re our first priority. We want you to understand how we make money. This post may contain affiliate links. Biglaw Investor may receive a commission at no additional cost to you if you click on the links in this article. This may influence which products we write about and where and how the products appear on a page. However, it does not influence our evaluations. Our opinions are our own. In some circumstances, if you work with us, we are able to provide an incentive to work with our advertising partners that is unavailable if you work with our advertising partners directly. Our partners cannot pay us to guarantee favorable reviews of their products or services. To read more about how we make money, click here.

Find a Mortgage lender

Find a home you love

JD MORTGAGE® connects you with lenders offering low to no down payment mortgages designed specifically for high-income professionals. We find the lenders that allow jumbo loan balances, relaxed debt-to-income ratios and typically do not require private mortgage insurance (PMI).

Offered exclusively through Biglaw Investor, we make it incredibly simple to find the best mortgage for your home financing needs.

Get Your Mortgage Rate

find a home you love

Let the best bank win

PrimeLending logo UMB logo Flagstar Bank logo First National of Nebraska logo PNC Bank logo First Horizon Bank logo Fairway logo

And many more

Other professionals love us.

We think you will too.

Let’s Get Started
Mary Kate Raffetto

I’m an associate at a firm in Houston and used JD Mortgage thanks to your advice! The experience was great—they were super fast and responsive.” —Mary Kate Raffetto Beck Redden LLP

Clint Cowan

For a JD Mortgage, I had good luck with IBERIABank. [They] made this process very smooth.” —Clint Cowan Lynn Pinker Hurst & Schwegmann

Bank Of America

(All 50 States)

Match Banks Contact Send Email

Online

usually responds within 30 minutes

Bank Of America

(All 50 States)

$100M Closed Loans

Bank of America, founded in 1904, is a leading global financial institution offering a broad range of banking, investing, asset management, and other financial and risk management products and services.

High-income professionals can take advantage of various services from Bank of America, including personalized wealth management, advanced investment strategies, and dedicated advisors for financial planning. They also offer specialized banking services, flexible mortgage options, and exclusive rewards and benefits. [ Read Review → ]

  • Minimum credit score: 700
  • Maximum loan: $2,000,000
Down payment Financing
3%up to $825,000
5%up to $1 million
10%up to $1.5 million
15%up to $2 million
Eligible degrees:
  • MD/DO
  • DDS/DMD
  • Fellow
  • Resident
  • DPM
  • OD
  • DVM
  • CRNA
  • PharmD
  • NP
  • PA
  • JD
  • DC
  • CPA
  • PhD
  • RN

BankMD

(All 50 States)

Match Banks Contact Send Email

Online

usually responds within 30 minutes

BankMD

(All 50 States)

$100M Closed Loans

BankMD, founded in 2005 and operating via bankmd.com, specializes in providing financial services to medical professionals with a focus on personal loans and wealth management.

High-income professionals can access a suite of services from BankMD, including specialized banking, lending, and investment solutions. The bank's offerings are tailored to meet the unique financial needs of medical professionals, helping them manage and grow their wealth effectively. [ Read Review → ]

  • Minimum credit score: 670
  • Maximum loan: $3,000,000
Down payment Financing
0%up to $850,000
5%up to $1 million
10%up to $2 million
15%up to $3 million
Eligible degrees:
  • MD/DO
  • DDS/DMD
  • Fellow
  • Resident
  • DVM
  • DPM
  • OD
  • CRNA
  • PharmD
  • NP
  • PA
  • JD
  • DC
  • CPA
  • PhD
  • RN

Flagstar

(All 50 States Except NY)

Match Banks Contact Send Email

Online

usually responds within 30 minutes

Flagstar

(All 50 States Except NY)

$100M Closed Loans

Flagstar, founded in 1987, is a leading national bank headquartered in Michigan, offering a broad range of banking, mortgage, and lending operations.

High-income professionals can utilize Flagstar's wealth management services for their financial planning needs. These services include personalized investment strategies, retirement planning, estate planning, and trust services. Additionally, Flagstar offers private banking solutions such as tailored loans and exclusive credit options. [ Read Review → ]

  • Minimum credit score: 680
  • Maximum loan: $3,000,000
Down payment Financing
0%up to $1 million
5%up to $1.5 million
10%up to $3 million
Eligible degrees:
  • MD/DO
  • DDS/DMD
  • Fellow
  • Resident
  • DPM
  • DVM
  • OD
  • CRNA
  • PharmD
  • NP
  • PA
  • JD
  • CPA
  • RN
  • DC
  • PhD

GreenState Credit Union

(All 50 States Except CA)

Match Banks Contact Send Email

Online

usually responds within 30 minutes

GreenState Credit Union

(All 50 States Except CA)

$100M Closed Loans

GreenState Credit Union, founded in 1938, is a member-owned financial cooperative providing diverse banking services to more than 350,000 members across the United States.

High-income professionals can take advantage of a variety of services from GreenState Credit Union. These include exclusive checking and savings accounts with competitive interest rates, extensive loan options, wealth management and investment services, retirement planning, and insurance services, all designed to optimize their financial growth and security. [ Read Review → ]

  • Minimum credit score: Not reported
  • Maximum loan: $2,000,000
Down payment Financing
0%up to $1 million
5%up to $1.25 million
10%up to $2 million
Eligible degrees:
  • MD/DO
  • DDS/DMD
  • Fellow
  • Resident
  • DPM
  • DVM
  • OD
  • PharmD
  • NP
  • PA
  • CRNA
  • JD
  • DC
  • CPA
  • PhD
  • RN

Keybank

(AK, AZ, CA, CO, CT, DC, FL, GA, HI, ID, IL, IN, KY, MA, MD, ME, MI, MO, MT, NC, NH, NJ, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WY)

Match Banks Contact Send Email

Online

usually responds within 30 minutes

Keybank

(AK, AZ, CA, CO, CT, DC, FL, GA, HI, ID, IL, IN, KY, MA, MD, ME, MI, MO, MT, NC, NH, NJ, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WY)

$100M Closed Loans

Keybank, established in 1825, is a regional bank headquartered in Cleveland, Ohio, offering a variety of financial services including retail and commercial banking, investment management, and consumer lending.

High-income professionals at Keybank are provided with comprehensive financial services. These include wealth management, specialized lending, and tailored banking solutions. They also have access to financial planning tools, investment strategy assistance, and estate planning. [ Read Review → ]

  • Minimum credit score: 700
  • Maximum loan: $3,500,000
Down payment Financing
0%up to $1 million
5%up to $1.5 million
15%up to $2 million
20%up to $3.5 million
Eligible degrees:
  • MD/DO
  • DDS/DMD
  • Fellow
  • Resident
  • DPM
  • DVM
  • OD
  • CRNA
  • PharmD
  • NP
  • PA
  • JD
  • DC
  • CPA
  • PhD
  • RN

Laurel Road

(All 50 States)

Match Banks Contact Send Email

Online

usually responds within 30 minutes

Laurel Road

(All 50 States)

$100M Closed Loans

Laurel Road, established in 2013, is a fintech company known for its online lending platform, providing student loan refinancing, mortgages, and personal loans.

High-income professionals can leverage Laurel Road's services for personalized financial solutions. The platform offers student loan refinancing, personal loans, mortgages, and high-yield savings accounts. It also provides digital banking services with attractive interest rates, emphasizing transparency and customer support. [ Read Review → ]

  • Minimum credit score: Not reported
  • Maximum loan: Varies
Down payment Financing
10%Varies
Eligible degrees:
  • MD/DO
  • DDS/DMD
  • Fellow
  • Resident
  • DPM
  • DVM
  • OD
  • CRNA
  • PharmD
  • NP
  • PA
  • JD
  • DC
  • CPA
  • PhD
  • RN

Northpointe

(All 50 States Except CA, NY)

Match Banks Contact Send Email

Online

usually responds within 30 minutes

Northpointe

(All 50 States Except CA, NY)

$100M Closed Loans

Northpointe, founded in 1999, is a Michigan-based online banking institution providing comprehensive financial services, including checking, savings, and loans.

High-income professionals can leverage Northpointe's comprehensive financial services, which include high-yield checking and savings accounts, competitive mortgage loans, and tailored lending options. The firm also offers personalized wealth management and investment strategies to optimize asset growth. [ Read Review → ]

  • Minimum credit score: 700
  • Maximum loan: $1,000,000
Down payment Financing
0%up to $850,000
10%up to $1 million
Eligible degrees:
  • MD/DO
  • DDS/DMD
  • Fellow
  • Resident
  • DPM
  • DVM
  • OD
  • PharmD
  • DC
  • CRNA
  • NP
  • PA
  • JD
  • CPA
  • PhD
  • RN

Key Terms

  • Dentist mortgages in Alaska provide unique benefits like lower or no down payments and exemptions from PMI, making home buying more accessible for dentists.
  • These specialized loans offer more flexible approval criteria, considering challenges like high student loan debt typical for dental professionals.
  • Potential drawbacks include limited availability and the necessity for dentists to explore different loan options to ensure the best fit for their financial situation.

Alaska, famously known as “The Land of the Midnight Sun,” offers a unique living experience amidst its breathtaking landscapes. From the urban charm of Anchorage to the rugged beauty of Juneau, Alaska boasts a diverse range of towns and cities. Residents enjoy unparalleled access to outdoor adventures, including hiking through pristine wilderness, witnessing the mesmerizing Northern Lights, and exploring picturesque coastal towns. Despite its remote location, Alaska provides a rich cultural tapestry, with communities celebrating indigenous heritage and traditions. Whether you’re drawn to the tranquility of Fairbanks or the maritime allure of Sitka, Alaska promises an unforgettable living experience amidst its stunning natural wonders.

While Alaska’s wilderness is renowned for its diverse wildlife, from majestic grizzly bears to soaring bald eagles, it’s also a habitat for a different kind of creature – the dentist! Indeed, the Last Frontier is home to 320 dentists, alongside other healthcare experts as per Bureau of Labor Statistics data.

However, the state’s urban areas, like Anchorage and Juneau, face steep housing costs. With the median listing price of a single-family home hovering around $422,000 according to FED numbers, many dentists find homeownership out of reach. Fortunately, dentist mortgages step in to offer solutions, providing benefits such as reduced down payments and exemption from PMI payments.

The pros of Alaska dentist mortgages

Let’s delve into the perks of opting for a dentist mortgage in Alaska:

  • Simplified Qualification: Dentist mortgages streamline the home loan process, offering dentists more flexible eligibility criteria tailored to their profession.
  • Exclusive Benefits: These specialized mortgages come with dentist-specific advantages, such as assistance with down payments, closing costs, and forgiveness programs in select areas.
  • Competitive Interest Rates: Some dentist mortgage packages feature lower interest rates, translating to significant long-term savings.
  • No PMI: Certain dentist mortgage programs waive the need for private mortgage insurance (PMI), reducing monthly expenses.
  • Dentist-Centric: Lenders specializing in these mortgages understand the unique demands of the dental profession, accommodating irregular schedules and multiple job commitments for a smoother experience.

For dentists in Alaska eyeing homeownership, a dentist mortgage presents an enticing opportunity. However, it’s important to note potential drawbacks, as these programs may be limited in availability. To assist, we’ve curated a list below of the premier dentist mortgage options accessible in the Last Frontier.

How is an Alaska dentist mortgage different from another loan?

Dentists will find themselves on a unique journey with dentist mortgages compared to traditional options, owing to several key factors. For one, dentist mortgages typically feature more adaptable eligibility criteria specifically designed for dentists. This means dentists grappling with significant student loan debt may find the qualification process more manageable.

Additionally, dentist mortgages frequently incorporate benefits and incentives tailored to the dental profession, encompassing assistance with down payments, closing costs, or specialized forgiveness programs for dentists serving in specific locales.  

Lastly, certain dentist mortgage programs may extend lower interest rates or eliminate the need for private mortgage insurance (PMI), translating to potential cost savings for dentists. Collectively, dentist mortgages offer a personalized and empathetic approach to home financing, rendering homeownership more within reach and financially feasible for dentists.

For a new DDS or DMD, you need to look at all options outside of conventional loans. Talking to a loan officer can help clear a lot of things up. These medical professionals will need to look into all aspects of becoming borrowers with alternative loans, asking questions of loan officers to confirm eligibility for the loan program.

For example, if you’re planning to look into alternatives, ask about specific eligibility requirements for any loan, such as:

  • If/when you can refinance
  • Max loan amount
  • Chances for early repayment
  • Fixed rate vs adjustable rate mortgages
  • Debt to income ratio expectations
  • Any options for income-driven repayment
  • If the loan only applies to a primary residence
  • Down payment options
  • Whether medical residents can apply
  • Amount of monthly payments
  • Other details about the home buying process
  • Other underwriting rules

Every mortgage lender has their own rules, so it’s wise to fully investigate multiple mortgage loan programs. Once you find a dream home on the NMLS, you can tap into the power of a dentist loan. This operates very similarly to a physician home loan, because it has different requirements for approval. Medical doctors also face challenges qualifying for conventional loans, which is why so many use physician home loans instead. The same goes for veterinarians/DVMs.

To get your new home, you might need to look outside the box of traditional mortgage products. Just like other medical professionals might look into alternatives like physician mortgage loans/physician mortgage programs, dentists can also explore opportunities for a new home or refinancing specific to their career path. All financing options may help you narrow down to a short list of lenders and loan payments for you. Dentist or doctor mortgage loans provide a path for anyone who was not able to qualify for conventional mortgages.

Instead, you can use your new job and may be looking at less stringent DTI requirements. Your employment contract helps you qualify for the new home as your primary residence instead of so much reliance on other factors, although things like minimum credit scores still do count here, too. You could even get a low down payment depending on your loan options and the life of the loan. You can work through all the details to make sure that the mortgage payments match up with your intended income from your new employment contract just like a doctor would do the same with a physician loan program.

Examples of dentists who take out dentist mortgages in Alaska

Review the stories below to see if you relate to these scenarios. If you do, a dentist mortgage may be your ideal fit:

Meet Dr. White, a dedicated dentist practicing in Anchorage, Alaska. Despite her passion for providing quality dental care to her community, Dr. White has faced obstacles in realizing her dream of owning a home in the Last Frontier. With the high cost of living and competitive housing market in Anchorage, traditional mortgage options seemed out of reach for Dr. White. However, upon discovering dentist mortgage programs tailored for dental professionals, she saw a ray of hope. These specialized programs offer benefits such as lower down payments and assistance with closing costs, making homeownership more attainable for Dr. White in Anchorage.

In a remote part of Alaska, Dr. Brown, an experienced dentist serving a rural community, also dreams of owning a home in the state. Despite his dedication to providing dental care in underserved areas, Dr. Brown has faced challenges in navigating the housing market due to limited options and high housing costs. However, upon learning about dentist mortgage programs designed to support healthcare professionals, Dr. Brown felt encouraged about his prospects of homeownership. With benefits such as forgiveness programs and lower interest rates, dentist mortgages offer Dr. Brown a pathway to achieving his dream of owning a home in rural Alaska and continuing his valuable work in the community.

Looking for a dentist mortgage in a different state?

If you’re looking to explore the best dentist mortgage in other states, click on your state below.

Find a Dentist Home Loan Specialist

Joshua Holt is a licensed mortgage loan originator (NMLS #2306824) and founder of Biglaw Investor. His mortgage expertise lies in the areas of professional mortgage loans, particularly for lawyers, doctors and other high-income professionals. Prior to Biglaw Investor, Josh practiced private equity mergers & acquisition law for one of the largest law firms in the country.

Save more money than your friends

One email each week covers personal finance, financial independence, investing and other stuff for lawyers that makes you better.