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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 |
$100M Closed Loans
Fidelity Bank of Pennsylvania, founded in 1903, is a community-focused financial institution that offers a diverse range of banking, investment, and insurance solutions.
High-income professionals can take advantage of a broad range of services from Fidelity Bank. These include personalized wealth management, investment, retirement planning, and private banking services. The bank also offers specialized financial guidance and resources to ensure optimal asset growth and protection. [ Read Review → ]
| Down payment | Financing |
|---|---|
| % | up to $2 million |
| 0% | up to $1 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 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
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 |
|---|---|
| 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
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 |
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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 |
Do you like a mix of urban excitement and serene rural landscapes? Pennsylvania is likely the place for you. Cities like Philadelphia and Pittsburgh boast rich cultural scenes, bustling nightlife, and world-class dining options. Meanwhile, smaller towns such as Hershey, known for its chocolate, and Bethlehem, with its historic charm, offer unique experiences and close-knit communities. The state is renowned for its picturesque countryside, too, including the Pocono Mountains and Amish Country, providing ample opportunities for outdoor recreation and relaxation. With top-notch healthcare facilities, excellent schools, and a relatively affordable cost of living, Pennsylvania appeals to residents seeking a balanced lifestyle in both urban and rural settings.
The growing healthcare industry in PA is attracting a considerable portion of the state’s workforce. Bureau of Labor Statistics data highlights the presence of a large number of healthcare professionals, including 4,190 dentists, who contribute everyday to the state’s robust healthcare landscape.
Despite this, purchasing a home poses challenges for many dentists amidst escalating housing prices. With the median listing price for single-family homes currently at $309,900 according to the FED, dentists may find homeownership increasingly out of reach. However, dentist mortgages offer a solution tailored to their needs, providing benefits like reduced down payments, assistance with closing costs, and flexible eligibility criteria, aiming to ease the path to homeownership for Pennsylvania’s dental professionals.
Exploring the possibility of a Pennsylvania dentist mortgage? Let’s delve into the nuances of these specialized loans, balancing their advantages and drawbacks. Among the positives, dentist mortgages present tailored perks designed to facilitate homeownership for dentists. They often boast adaptable eligibility criteria, accommodating challenges such as substantial student loan burdens commonly faced by dental professionals. Moreover, these programs frequently offer benefits like reduced down payments, aid with closing costs, or forgiveness initiatives for dentists serving in specific areas, streamlining the path to owning a home.
Nevertheless, it’s crucial to remain vigilant regarding potential drawbacks. Despite their advantages, dentist mortgages may entail limitations such as lower borrowing caps or elevated interest rates compared to conventional mortgages. Moreover, not all lenders extend dentist mortgage options, restricting dentists’ choices in the market. Additionally, while these mortgages may alleviate upfront expenses, dentists must carefully assess their long-term financial implications, including monthly payments and overall affordability.
Ultimately, determining the suitability of a dentist mortgage hinges on your unique circumstances and financial objectives. Evaluate the pros and cons meticulously, conducting a thorough comparison between dentist mortgage offerings and traditional mortgage alternatives to pinpoint the optimal solution for your needs.
Uncertain about venturing into the realm of dentist mortgages in Pennsylvania? No problem! Let’s simplify the process into a few straightforward steps to guide you through. First, assess your financial standing. Evaluate your income, savings, debts, and credit score to ascertain how purchasing a home fits into your broader financial objectives. Once you’ve completed this step, delve into researching dentist mortgage programs available in Pennsylvania. Explore their offerings, from eligibility criteria to the exclusive perks tailored specifically for dentists.
Having conducted your research on dentist mortgages, it’s time to compare them with traditional mortgage options. Scrutinize factors such as down payment requirements, interest rates, and potential closing costs. Don’t hesitate to engage with lenders specializing in dentist mortgages, as they possess invaluable insights into the benefits and can assist you in navigating your alternatives.
After carefully considering all available options, it’s time to make an informed decision. Evaluate the pros and cons of dentist mortgages outlined above to determine which aligns best with your objectives and financial situation in Pennsylvania. Armed with thorough research and thoughtful deliberation, you’ll be well-equipped to decide whether a dentist mortgage is the ideal solution for you.
Even if a conventional mortgage loan isn’t going to work for you, other mortgage lenders work with medical professionals specifically. They may be able to help you buy a new home or refinance with dentist mortgage loan programs. You can use your new job employment contract to qualify if you’re a DDS, DMD, DPM, or DVM. These home loan programs are geared towards dentists much like how physician mortgage loans work. Often, student loan payments are high for medical professionals who invested in their education, throwing off their debt to income ratio.
As with all loan programs, look into the qualifying factors before you search for homes on the NMLS and making an offer on real estate.
Make sure to compare various mortgage lenders and loan options based on their underwriting factors for buying a primary residence, such as:
Make sure you check certain aspects of each loan program, such as if it applies to self-employed dentists, buying a second home, and if you can get jumbo loans.
If you’re someone who was already unable to get approved for conventional mortgages with banks like Citizens Bank, US Bank, TD Bank, Truist, First National Bank, or other member FDIC institutions with conventional loans, you may be able to use your start date for your new job to get qualified for a dentist loan. Much like medical doctors, pharmacists, veterinarians, physician assistants, CRNAs, the home buying process can be difficult due to the strict rules with conventional home financing. Alternative loan lenders will make it easier for you when relocating.
Take a moment to read the examples below and see if you can relate. If so, exploring the realm of dentist mortgages in Pennsylvania might just be the key to unlocking your path to homeownership:
Dr. James has been running a successful family dentistry practice for years now. He’s still got some sizable student debt, however— a fact that has prevented him from qualifying for a traditional mortgage, despite his excellent income. A dentist mortgage turns out to be the ideal option for him, offering him a way to finance the home he wants while considering his overall financial health.
Dr. Williams has been serving a small rural community in Western PA for more than a decade. Ready to upgrade his family from a smaller home to a larger one, he needs as much leverage as possible. Turning to a dentist loan, Dr. Williams gets a great deal with no PMI and very little money down, allowing him and his family to make this transition with ease.
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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