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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
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$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 |
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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 |
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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 |
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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 |
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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 |
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usually responds within 30 minutes
$100M Closed Loans
Fulton Bank, founded in 1882, is a full-service commercial bank operating across five states, offering a range of financial solutions from personal banking to wealth management.
High-income professionals can take advantage of Fulton Bank's diverse services, including wealth management, financial planning, private banking, and investment services. The bank offers personalized financial strategies, focusing on long-term growth and security. It also provides specialized lending options and deposit solutions to meet unique needs. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1.5 million |
| 5% | up to $2 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 |
• 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
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 |
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| 10% | Varies |
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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
Northwest Bank, established in 1896, is a community-based financial institution providing a range of personal, business, and investment services across the Midwest.
High-income professionals can access a range of specialized services at Northwest Bank. These include personalized wealth management, tax-efficient investment strategies, and estate planning. The bank also offers private banking services, such as tailored mortgage solutions and premium banking products. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $950,000 |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
$100M Closed Loans
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 10% | 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 Federal Savings Bank, founded in 2000, is a veteran-owned, federally chartered bank offering mortgage services and banking products nationwide.
High-income professionals can leverage The Federal Savings Bank's services for tailored banking solutions. These include wealth management, personalized mortgage options, and private banking. The bank also provides advisory services for investment strategies, optimizing financial assets, and long-term financial planning. [ 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
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 |
Maryland offers a diverse landscape stretching from the Chesapeake Bay to the majestic Appalachian Mountains, providing endless possibilities for outdoor enthusiasts. Nestled within this scenic backdrop are vibrant cities like Baltimore and D.C., offering a blend of urban charm and cultural richness. Historical landmarks such as the U.S. Naval Academy and the National Aquarium, along with charming neighborhoods like Annapolis and Frederick, add to the state’s allure.
The healthcare sector in Maryland is just one of the robust industries in the state, boasting world-class hospitals and medical research facilities, attracting numerous dentists to the area. According to the Bureau of Labor Statistics, 2,970 dentists reside and practice in Maryland, contributing to the state’s thriving healthcare landscape.
However, the increasing cost of homeownership, particularly in counties like Montgomery County, poses a challenge for many dentists. Currently, the FED states that the median price of a home in Maryland is around $429,900.
Despite the housing market’s challenges, dentist mortgages offer a ray of hope for dental professionals in Maryland, providing tailored financial solutions to facilitate homeownership. With specialized mortgage programs, dentists can navigate the housing market more effectively and turn their homeownership dreams into reality.
Dentist mortgages in Maryland operate much like conventional home loans but with added perks specifically catered to dentists. These specialized mortgage programs acknowledge the unique financial circumstances of dental professionals by offering benefits like lower down payments, assistance with closing costs, and more lenient eligibility criteria. Qualifying for a dentist mortgage typically involves meeting specific requirements, which are often more flexible compared to traditional loans. Lenders take into account factors such as employment history, income stability, and creditworthiness.
One of the notable advantages of dentist mortgages in Maryland is their adaptability in addressing the financial obstacles encountered by dentists. These mortgage programs aim to make homeownership more achievable for dental professionals, even amidst increasing housing prices and competitive markets. Dentists may also enjoy perks such as reduced interest rates and fees, easing some of the financial strain associated with buying a home.
Nevertheless, it’s crucial for dentists in Maryland to carefully assess the pros and cons of dentist mortgages before committing. While these specialized loans offer tailored benefits, they may also have drawbacks such as higher interest rates or limited availability. Dentists should conduct thorough research, compare various mortgage programs, and seek guidance from lenders to ensure they select the option that aligns best with their financial circumstances and homeownership objectives.
Considering whether a dentist mortgage in Maryland aligns with your goals? It’s all about finding the right fit for your unique circumstances! These mortgages are tailored to assist dentists in achieving their homeownership aspirations, offering advantages like reduced down payments and flexible eligibility criteria.
Start by assessing your financial situation – income, savings, debts, and credit score – to determine how purchasing a home fits into your overall plans. Then, explore the array of dentist mortgage programs available in Maryland. Compare them with traditional options, consult with lenders specializing in dentist mortgages, and take the time to discover what suits you best. With a bit of research and some helpful guidance, you’ll be well-equipped to make an informed decision about your journey to homeownership in the Old Line State!
You’re not the only medical professional who found it hard to get a traditional mortgage loan. Alternative loan programs do exist and they can help a DDS, DPM, DMD, or DVM to get approved for their target loan amount. Any borrower should look at each aspect of these healthcare professional loans against conventional mortgages by talking to a loan officer about things such as:
Underwriting varies from one lender to another, but medical doctors, medical residents, veterinarians, CRNAs, and pharmacists all face common problems with high student loan payments when it comes to getting approved for conventional loans. If you already tried to get a loan with somewhere you hold a checking account or savings account like TD Bank, Truist, Keybank, First National Bank, or another conventional mortgage lender, you may instead be able to use your new job to open yourself up to more mortgage products.
The right home financing can help you identify a dream home on the NMLS sooner rather than later so you can focus on buying real estate. With your employment contract, you can find a new home and get into that primary residence right away. Just like physician home loans/physician mortgage loans/doctor mortgage loans, your new job enables you to get approved for healthcare professional loans.
Do the examples below sound like you? You may be the right fit for a dentist mortgage:
Dr. Ali, an accomplished orthodontist practicing in the vibrant city of Baltimore, spent a lot of years building his reputation and practice. With a passion for his profession and a desire to put down roots in the community, Dr. Ali dreams of owning a charming brownstone in the heart of the city. However, despite his success, Dr. Ali faces a significant challenge – he carries a considerable amount of debt from building his practice and investing in his education. Traditional mortgage options seem out of reach, but Dr. Ali remains determined to make his dream a reality. Enter dentist mortgages – specially designed to cater to the unique needs of dental professionals like Dr. Ali. With their flexible eligibility criteria and tailored benefits, dentist mortgages offer Dr. Ali a glimmer of hope, providing him with the opportunity to achieve his homeownership goals in Baltimore City despite his financial obligations.
Dr. Yang, an orthodontist running a small dental clinic in an underserved Chesapeake island community, cherishes the island’s natural beauty and wants to buy a home on the Bay. Despite her dedication, the high cost of living and student loan debt pose significant barriers to homeownership. Traditional mortgage options offer little respite. However, with the discovery of dentist mortgages, tailored to dental professionals’ needs, Dr. Yang finds hope. These specialized loans, offering lower down payments and assistance with closing costs, along with special benefits for dentists who serve rural communities, pave the way for Dr. Yang to realize her dream of owning a home along the Chesapeake Bay.
If you’re looking to explore the best dentist mortgage in other states, click on your state below.
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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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