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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.
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
For a JD Mortgage, I had good luck with IBERIABank. [They] made this process very smooth.” —Clint Cowan Lynn Pinker Hurst & Schwegmann
• Online
usually responds within 30 minutes
$100M Closed Loans
Alerus Financial is a bank established in 1879 that offers comprehensive financial solutions including banking, mortgage, retirement, and wealth management services.
High-income professionals can utilize Alerus Financial's comprehensive suite of services including wealth management, retirement planning, and personal banking. Their personalized financial strategies include investment management, estate planning, and risk management. Alerus also offers business banking and mortgage services. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $750,000 |
| 5% | up to $1 million |
| 10% | up to $1.5 million |
$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 → ]
| Down payment | Financing |
|---|---|
| 3% | up to $825,000 |
| 5% | up to $1 million |
| 10% | up to $1.5 million |
| 15% | up to $2 million |
$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 → ]
| Down payment | Financing |
|---|---|
| 0% | up to $850,000 |
| 5% | up to $1 million |
| 10% | up to $2 million |
| 15% | up to $3 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Citizens Bank, founded in 1828, is a major U.S. commercial bank offering a comprehensive range of retail and commercial banking products and services.
High-income professionals can take advantage of various services from Citizens Bank, including wealth management and investment opportunities. They also offer private banking, retirement planning, and estate services. High-net-worth individuals can benefit from personalized financial strategies, designed to optimize their wealth and secure their financial futures. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 5% | up to $850,000 |
| 10% | up to $1 million |
| 15% | up to $1.5 million |
$100M Closed Loans
DFCU Financial, established in 1950, is Michigan's largest credit union, offering a wide array of banking services including loans, savings, and investment options.
High-income professionals can benefit from DFCU Financial's wealth management services, including financial planning, investment services, and retirement planning. Additional offerings encompass insurance solutions, private banking, and specialized lending options. The firm's expert advisors provide personalized guidance to help clients optimize their financial health and achieve their goals. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 10% | up to $1.5 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Fifth Third, founded in 1858, is a diversified financial services company offering banking, investments, and consumer and commercial lending across the US.
High-income professionals can leverage Fifth Third’s comprehensive financial services which include wealth management, private banking, and investment advisory. These services aim to optimize wealth growth, ensure financial security, and provide custom solutions tailored to individual financial goals. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.5 million |
| 10% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
First Citizens, founded in 1898, is a full-service commercial bank with over 500 branches, offering a wide range of retail and corporate financial services.
High-income professionals can benefit from First Citizens' services, including wealth management, private banking, and insurance. Their offerings also comprise personalized financial planning, customized credit solutions, and estate planning. They provide tailored strategies to optimize financial growth and security. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
| 20% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
First Federal Savings And Loan Association Of Lakewood, founded in 1935, is a community-focused bank providing a range of financial services including mortgages, personal banking, and business banking.
High-income professionals can take advantage of various services from First Federal Savings And Loan Association of Lakewood. These include diverse investment options, comprehensive wealth management assistance, and tailored lending solutions. The institution also offers a range of personal and business banking services, prioritizing convenience and security. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
| 15% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
First National Bank of Pennsylvania, established in 1864, is a full-service financial institution offering commercial banking services across multiple states.
High-income professionals can benefit from First National Bank of Pennsylvania's tailored services, including wealth management, financial planning, private banking, and investment services. Furthermore, FNB offers business banking solutions and personalized lending options aimed at optimizing their financial growth and stability. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1.25 million |
| 5% | up to $1.5 million |
| 10% | up to $2 million |
| 20% | up to $2 million |
$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 → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.5 million |
| 10% | up to $3 million |
• Online
usually responds within 30 minutes
$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 → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.25 million |
| 10% | up to $2 million |
$100M Closed Loans
Happy Bank, founded in 2001, is an online financial institution offering a range of services including checking accounts, savings accounts, loans, and credit cards, with a commitment to providing outstanding customer service and innovative, user-friendly digital platforms.
High-income professionals can take advantage of Happy Bank's comprehensive financial services. These include personalized wealth management, high-yield savings accounts, exclusive credit opportunities, and tax optimization strategies. The bank also offers bespoke financial consultation to help clients maximize their wealth and achieve financial goals. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $750,000 |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
| 15% | up to $3 million |
• Online
usually responds within 30 minutes
$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 → ]
| 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 |
$100M Closed Loans
Lake Michigan Credit Union, established in 1933, is a member-owned financial institution providing a comprehensive range of services including banking, mortgages, and insurance.
High-income professionals can benefit from Lake Michigan Credit Union's services, which include high-yield checking and savings accounts, low-rate mortgages, business and personal loans, and wealth management. The Credit Union also offers comprehensive insurance options and personalized financial advice. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
| 15% | up to $1.5 million |
| 20% | up to $2 million |
$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 → ]
| Down payment | Financing |
|---|---|
| 10% | Varies |
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usually responds within 30 minutes
$100M Closed Loans
Liberty Federal Credit Union, established in 1955, is a member-owned financial cooperative providing a range of services including loans, savings, and investments to its members.
High-income professionals can utilize Liberty Federal Credit Union's services for personalized financial management. These include premium savings and checking accounts, low-interest loans, comprehensive investment and retirement planning, tax advisory, and exclusive credit card offers. Their services also extend to providing financial literacy resources and dedicated customer support. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $970,800 |
| 5% | up to $1.5 million |
| 10% | up to $2 million |
• Online
usually responds within 30 minutes
$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 → ]
| Down payment | Financing |
|---|---|
| 0% | up to $850,000 |
| 10% | up to $1 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Shoreham Bank, founded in 1860, is a reputable financial institution offering a comprehensive range of banking services including loans, savings, and online banking.
High-income professionals can take advantage of various services from Shoreham Bank. These include specialized checking and savings accounts, tailored investment advice, estate planning, and personalized loan options. The bank also offers a private banking service, providing dedicated financial advisors for comprehensive wealth management. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
| 15% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Southstate Bank, founded in 1934, is a regional financial institution serving the Southeastern US, providing a range of banking services including loans, deposits, and wealth management.
High-income professionals can leverage Southstate Bank's comprehensive financial services, including premium checking accounts, wealth management, and private banking. These services are tailored to optimize the management of significant assets and investments, provide tax-efficient strategies, and ensure financial growth. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1.25 million |
| 5% | up to $1.5 million |
| 10% | up to $2.25 million |
$100M Closed Loans
Synovus Bank, established in 1888, is a financial services company based in Columbus, Georgia, offering commercial and retail banking, investment, and mortgage services across the Southeastern United States.
High-income professionals at Synovus Bank can access a suite of services including wealth management, private banking, and estate planning. The bank offers tailored financial strategies, asset management, and lending solutions. Insurance services and philanthropic planning are also available. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 20% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
TD Bank, founded in 1852, is a leading North American banking service, offering a comprehensive range of retail, small business, and commercial banking products and services.
High-income professionals are catered to by TD Bank through distinct services such as wealth management, private banking, and estate planning. This includes personalized financial strategies, access to dedicated banking specialists, and advice on wealth preservation and transfer. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.5 million |
| 10% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
The Huntington National Bank, established in 1866, is a full-service banking provider serving consumers, small businesses, and commercial markets primarily in the Midwest and Southeast U.S.
High-income professionals can leverage Huntington National Bank's wealth management services, which include financial planning, investment management, private banking, and trust services. These offerings are designed to optimize wealth growth, sustain income, and secure financial futures. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.25 million |
| 10% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Truist, formed by the merger of BB&T and SunTrust in 2019, is a leading banking institution offering a comprehensive range of financial services across the United States.
High-income professionals benefit from Truist's comprehensive wealth management services. These services include personalized financial planning, investment management, estate planning, and risk management. Truist also offers tailored lending solutions and private banking options to meet unique financial needs. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.5 million |
| 10% | up to $2 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
United Community Bank, founded in 1950, is a regional US bank offering comprehensive financial services, known for its customer-centric approach and community involvement.
High-income professionals can benefit from United Community Bank's diverse services, including wealth management, retirement planning, and private banking. The bank also offers customized lending solutions, insurance services, and investment strategies tailored to meet individual financial goals. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $766,550 |
| 5% | up to $1 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Wintrust Mortgage, established in 1981, is a part of Wintrust Financial Corporation, providing a broad range of customizable mortgage and refinancing solutions across the US.
High-income professionals can take advantage of a wide range of services from Wintrust Mortgage. These include personalized mortgage solutions, refinancing options, and jumbo loans. Wintrust also provides a selection of online tools to assist in managing mortgage payments and planning future finances. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $850,000 |
| 3% | up to $1.25 million |
| 5% | up to $1.5 million |
| 10% | up to $2 million |
| 20% | up to $3 million |
Florida has a little bit of everything, doesn’t it? Miami beckons with its vibrant nightlife, Orlando promises endless fun for the kids, and Florida’s stunning beaches offer relaxation for all. The Sunshine State truly caters to diverse tastes, boasting a plethora of attractions and natural wonders to explore. From the captivating allure of the Everglades to the perpetual sunshine that graces its shores, Florida presents an enticing blend of adventure and tranquility.
Beyond its allure as a tourist hotspot, Florida serves as a thriving hub for professionals across various industries, including dentistry. According to the Bureau of Labor Statistics, 6,740 dentists contribute to the state’s workforce. However, as housing prices surge, particularly in major urban centers, affordability poses a challenge for many. According to the FED, median housing prices in the Sunshine State currently sit at $450,000.
Fortunately, with a dentist mortgage, dentists can confidently navigate the Florida real estate landscape. Tailored specifically to their needs, these specialized loans streamline the home buying process, empowering dentists to establish roots and thrive in the Sunshine State’s vibrant communities.
A Florida dentist mortgage presents several tailored advantages to address the unique housing market and financial hurdles in the Sunshine State:
Mitigating High Housing Costs: Florida’s reputation for steep housing prices can pose obstacles to homeownership. Dentist mortgages in Florida offer targeted assistance to combat these challenges, with programs providing aid such as down payment assistance and reduced interest rates, specifically designed to help dentists overcome the affordability barrier.
Reduced Down Payment Requirements: Traditional mortgages often demand substantial down payments, creating barriers to entry, especially in pricey housing markets like Florida. Dentist mortgage options feature lower down payment alternatives, easing the financial burden for dentists and enabling them to purchase a home without a significant initial cash outlay.
Flexible Eligibility Standards: Florida dentist mortgages boast more adaptable eligibility criteria compared to conventional mortgage offerings. This flexibility accommodates dentists’ unique circumstances, including irregular work schedules, multiple employment engagements, or substantial student loan debts commonly encountered in the dental profession. Such flexibility streamlines the qualification process, enhancing dentists’ prospects in a fiercely competitive real estate landscape.
In summary, a Florida dentist mortgage extends invaluable support and financial relief to dentists navigating the complexities of homeownership in a high-cost housing market, facilitating their aspirations of owning a home in the picturesque Sunshine State.
As previously mentioned, the benefits of opting for a Florida dentist mortgage are compelling. With lower down payments, exemption from private mortgage insurance (PMI), and accommodations for dentists’ unique employment situations, Florida dentist loans stand out as an attractive choice. However, there are also potential drawbacks to consider.
One notable drawback is the possibility of loan limitations. Given the elevated housing prices in Florida, dentists may encounter challenges in securing a loan amount sufficient to purchase their desired home. Despite the assistance offered by dentist mortgage programs, some dentists may find it difficult to obtain financing for properties in sought-after locations or with specific features due to these loan constraints.
Another concern is the risk of over-leveraging oneself with a dentist mortgage. In Florida’s competitive housing market, there may be pressure to stretch financially to afford a home, even with the support of a dentist mortgage. Overextending by borrowing excessively or committing to mortgage payments beyond one’s financial means could lead to future financial strain or difficulty meeting other financial obligations.
While dentist mortgages can be a valuable resource for dentists in Florida aspiring to homeownership, it’s crucial for borrowers to thoroughly evaluate the advantages and disadvantages and assess their individual financial circumstances before selecting the most suitable mortgage option.
For a dentist borrower, such as someone with a designation like DMD, DDS, DPM, or DVM, it may be harder to get a home loan with a conventional lender. An alternative loan program made for medical professionals modeled after physician mortgage loans may be a better fit. You will need to evaluate each program on its own merits and qualifying criteria such as:
Many healthcare professionals like medical doctors, pharmacists, physician assistants, veterinarians, podiatrists, CRNAs, and more have trouble qualifying for conventional mortgages because of their student loan payments or student loan debt totals. Working in the medical field, however, may allow these people to look beyond conventional loans available at places like Truist, TD Bank, First National Bank, or Fifth-Third. Talk with a loan officer about whether you have access to dentist mortgage loan options.
Dr. Martin, a dedicated periodontist practicing in bustling Orlando, found himself navigating the competitive real estate market in search of a home. Recognizing the challenges posed by soaring housing prices in the area, he opted for a dentist mortgage to gain a competitive edge. With this specialized financing solution tailored to dental professionals like himself, Dr. Martin was able to secure favorable terms and lower down payment options, empowering him to explore a broader range of housing opportunities in Orlando’s vibrant market. Through strategic leveraging afforded by the dentist mortgage, Dr. Martin successfully realized his goal of homeownership while continuing to excel in his dental practice.
Despite his thriving career, the weight of student loans cast a shadow over Dr. Wallace’s prospects of buying a home in Tallahassee. Determined to overcome this hurdle, Dr. Wallace explored alternative financing options and discovered the potential of a dentist mortgage. Tailored to accommodate the unique financial circumstances of dental professionals, such as high student debt loads, dentist mortgages offered Dr. Wallace a ray of hope in his pursuit of homeownership. With specialized features like flexible eligibility criteria and assistance with down payments, a dentist mortgage provided Dr. Wallace with the leverage he needed to navigate Tallahassee’s competitive housing market while managing his student debt responsibly. Through careful planning and the support of a dentist mortgage, Dr. Wallace embarked on the path towards securing his dream home in Tallahassee, laying a solid foundation for his future endeavors in dentistry and beyond.
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.
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