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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
$100M Closed Loans
Arvest Bank, founded in 1961, is a diversified financial services company headquartered in Bentonville, Arkansas, offering a full range of banking, mortgage, investment, and insurance products.
High-income professionals can utilize Arvest Bank's comprehensive financial services, including wealth management, private banking, and investment guidance. The bank offers tailored solutions, like asset management and estate planning, to effectively grow and safeguard their wealth. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1.25 million |
| 5% | up to $1.75 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Bok Financial, established in 1910, is a top-tier U.S. financial services company providing commercial and consumer banking, investment and trust services across eight states.
High-income professionals can take advantage of Bok Financial's wealth management services, which include financial planning, investment management, and private banking. They also offer tax strategies, estate planning, and insurance solutions to secure and grow wealth. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $850,000 |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
| 20% | up to $2.5 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 |
$100M Closed Loans
Fidelity Bank, founded in 1905, is a comprehensive financial institution offering diverse services including personal, business banking, and wealth management.
High-income professionals can leverage Fidelity Bank's services which include personalized wealth management, comprehensive financial planning, and investment management. Additional services encompass retirement planning, tax strategy, and estate planning, all designed to maximize and protect their wealth. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $750,000 |
• 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 United Bank and Trust Company, founded in 1900, is a full-service financial institution offering a wide range of personal, business, and wealth management solutions.
High-income professionals can benefit from First United Bank and Trust Company's wealth management services, including comprehensive financial planning, investment management, and trust services. They also offer personal banking solutions such as mortgage loans, and private and commercial banking. [ Read Review → ]
| Down payment | Financing |
|---|---|
| % | Varies |
$100M Closed Loans
Flagstar Bank is a full-service bank and one of the largest regional banks in the country, offering a broad range of consumer and commercial financial solutions, including banking, home lending, private banking, and wealth management.
High-income professionals can utilize Flagstar's mortgage products which are specifically built for physicians and other high-income professionals. These loans may have flexible qualifications, lower costs than a conventional mortgage, and low or even no down payment. You must be within 10 years of starting your profession. There are also jumbo loan options up to $3 million. Flagstar Bank N.A. is an Equal Housing Lender | Member FDIC. [ 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
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 |
• 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 |
$100M Closed Loans
Prosperity Bank, founded in 1983, is a Texas-based financial institution providing a range of services including retail banking, loans, and investment solutions.
High-income professionals at Prosperity Bank benefit from a range of services including asset management, business loans, mortgage services, financial planning, and wealth management. The bank's expertise extends to estate planning, investment services, and private banking, ensuring comprehensive financial solutions. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
Simmons Bank, founded in 1903 in Arkansas, is a full-service financial institution offering a range of banking products and services in multiple states across the US.
High-income professionals can benefit from Simmons Bank's range of services, including wealth management, private banking, investment services, and financial planning. The bank offers personalized solutions tailored to meet their unique financial needs and goals. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $417,000 |
• 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
UMB Mortgage Solutions, founded in 1913, offers comprehensive mortgage services including origination, processing, underwriting, and servicing, with a robust online platform.
High-income professionals can utilize UMB Mortgage Solutions for tailored mortgage plans. They offer specialized mortgage products, including jumbo loans. Their service provides personalized support, dedicated advisors, in-depth consultations, and a fast, streamlined application process. Their focus is on providing optimal solutions for high-value real estate purchases. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $1 million |
| 5% | up to $1.5 million |
| 10% | up to $5 million |
In the Sooner State, a rich tapestry of culture and history unfolds amidst vast plains and rolling hills, offering residents a unique blend of tradition and modernity. From the bustling city life of Oklahoma City to the charming small towns of Tulsa and Norman, Oklahoma boasts a diverse array of communities to explore. Whether indulging in the vibrant arts scene of the Paseo Arts District, experiencing the natural beauty of the Wichita Mountains, or embracing the cowboy culture in towns like Guthrie and Lawton, Oklahoma welcomes residents with open arms and a spirit of hospitality
Offering affordable living, diverse career opportunities, and a steadfast commitment to tradition, Oklahoma emerges as an ideal destination for professionals, including dentists. Bureau of Labor Statistics data reveals that 1,230 dentists have chosen to reside and practice in the Sooner State, alongside many other medical professionals.
However, mirroring nationwide trends, Oklahoma’s housing market is experiencing an upward trajectory in prices. As per the FED, the median listing price for a single-family home stands at $296,603, rendering homeownership financially prohibitive for many dentists, even the most successful.
These specialized loans cater specifically to dentists, making the process of buying a home smoother for these healthcare professionals. Now, let’s explore these beneficial financial options in more depth.
When considering a decision as significant as purchasing a home, it’s essential to weigh the advantages and disadvantages of various financing options. Let’s explore the benefits of opting for a dentist mortgage:
However, it’s important to consider potential drawbacks. Dentist mortgage programs may entail unexpected fees and can be challenging to find compared to traditional mortgages. Nevertheless, we’ve compiled a list of the best options available for dentists in Oklahoma to assist you in your decision-making process.
Determining whether a dentist mortgage in Oklahoma is the right choice for you involves considering several factors, including your financial status, homeownership objectives, and the specific terms of available mortgage programs. Here are steps to guide you in making this decision:
Assess Your Financial Situation: Begin by evaluating your income, savings, debts, and credit score to gauge your readiness for homeownership. Take into account your monthly budget, emergency funds, and ability to cover down payments and closing costs.
Research Dentist Mortgage Programs: Explore the dentist mortgage options offered in Oklahoma and compare their features, eligibility criteria, interest rates, and terms. Look for programs that provide benefits like reduced down payment requirements, assistance with closing expenses, and competitive interest rates.
Consider Your Homeownership Goals: Define your priorities and aspirations for owning a home, including the type of property you desire, preferred location, and long-term plans. Assess whether a dentist mortgage aligns with your homeownership objectives and offers the flexibility and affordability you seek.
Seek Input from Others: Engage in discussions with colleagues who have experience with homeownership or dentist mortgage programs. Their insights and advice can offer valuable perspectives as you weigh your options and make informed decisions about your mortgage choices.
With so many loan programs out there, it can be hard to know which one is right for you. Just like how medical doctors, interns, and medical residents can use physician mortgage loans to get a new home based on a start date with an employment contract, dentists can find a primary residence as borrowers with a dentist mortgage. If you’ve got a professional designation like DDS, DMD, or DPM, you can often use this to help you get a new home. Otherwise, your student loan debt can be a barrier to getting approved, since loan officers rarely have the ability to overcome stringent DTI info. Talking to a loan officer about home buying as a healthcare professional may open your eyes to other mortgage lenders who work directly in this market or with related physician home loans.
Since healthcare professional loans like doctor loans/doctor mortgages and dentist mortgages come with their own underwriting rules, you want to compare all aspects of these with one another and with conventional loans. In the case of healthcare professional loans for home financing, you might be able to get a higher loan amount approval based on your earning potential. That includes taking a look at:
Once you’ve got a good handle on the mortgage payment, you can start searching for a home on the NMLS or with the help of a real estate agent. If you’re someone who was unable to work with a conventional mortgage loan program like those at US Bank, Truist, Huntington Bank, or somewhere else, alternative loan programs may be the perfect solution for you.
Do these stories sound familiar to you? You may want to consider a dentist mortgage:
Dr. Harris, a dedicated dentist practicing in Tulsa, Oklahoma, faces a significant challenge as she strives to finance her dream home amidst the burden of substantial student debt. Despite her unwavering commitment to her profession and community, traditional lenders are hesitant to approve her for a mortgage due to concerns about her debt-to-income ratio. Determined to overcome this obstacle, Dr. Harris explores alternative options and discovers the potential of a dentist mortgage. Designed to cater to healthcare professionals like herself, these specialized loans offer a pathway to homeownership even in the presence of significant student debt. With the guidance of a lender specializing in dentist mortgages, Dr. Harris embarks on a journey to secure her place in the Tulsa community while managing her financial responsibilities with confidence.
Dr. Kumar, a dedicated dentist based in Enid, Oklahoma, is finding it hard to qualify for a traditional mortgage. Despite his passion for dentistry and his commitment to serving his patients, Dr. Kumar’s journey is hindered by a high debt-to-income ratio, primarily stemming from his investment in his education. Traditional lenders express reservations about approving him for a mortgage due to this financial burden. Determined to overcome this obstacle, Dr. Kumar explores alternative avenues and discovers the potential of a dentist mortgage. Tailored to the unique needs of healthcare professionals like himself, these specialized loans offer a viable solution for individuals with significant educational debt. With the assistance of a lender specializing in dentist mortgages, Dr. Kumar embarks on a journey to secure his dream home while managing his financial obligations effectively.
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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