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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 |
• Online
usually responds within 30 minutes
$100M Closed Loans
Alliant Credit Union, founded in 1935, is a member-owned financial cooperative providing a full range of financial services, with a strong national online presence.
High-income professionals can utilize Alliant Credit Union's services, which include high-rate checking and savings accounts, low-rate loans, and credit cards. Their services also encompass retirement and investment options, mobile and online banking, and financial advice. [ Read Review → ]
| Down payment | Financing |
|---|---|
| % | Varies |
$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
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 |
$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 |
• 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 |
• 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
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 |
Washington earns its title as the Evergreen State for obvious reasons! With its majestic forests and natural allure, it epitomizes the Pacific Northwest’s breathtaking beauty. For those craving urban adventures, vibrant Seattle awaits as a cultural hub, while a quick hop over to British Columbia offers the charm of Vancouver. Undoubtedly, Washington stands out as one of the most captivating states to call home in the entire U.S.
Amidst its scenic splendor, Washington also boasts a thriving community of dentists, drawn to its renowned healthcare industry and natural beauty. According to the Bureau of Labor Statistics, 2,730 dentists contribute to the state’s healthcare landscape.
However, like many regions nationwide, Washington is grappling with soaring housing costs, with the median listing price for single-family homes hovering around $650,000, according to the FED. For dental professionals striving to put down roots in the Evergreen State, this upward trend can pose significant challenges to homeownership.
Fortunately, dentists in Washington have access to specialized assistance programs tailored to their needs. Through initiatives like dentist mortgages, the process of securing affordable housing becomes more streamlined and attainable for dental professionals, ensuring they can thrive in their chosen communities.
One of the primary benefits in opting for a dentist mortgage in Washington is its ability to alleviate the burden of exorbitant housing costs, particularly in large urban areas like Seattle. For dentists residing in such areas, where housing expenses can border on the prohibitive, traditional home buying may seem like an unattainable goal. However, dentist mortgage programs step in to offer substantial assistance, often extending support with down payments, closing costs, and more, significantly reducing the overall cost of homeownership in Washington.
Moreover, dentist mortgages in Washington adopt a more accommodating approach towards eligibility and income criteria compared to conventional lenders. Recognizing the unique income structures within the dental profession and the prevalence of student debt, lenders offering dentist mortgages in the state tailor their criteria accordingly, making the home buying process more accessible for dentists.
Additionally, certain dentist mortgage programs in Washington may complement existing student loan forgiveness initiatives administered by the state. Given the enduring impact of student debt on dental professionals, regardless of their career success, this added financial support not only streamlines the home buying journey in Washington but also fosters greater financial stability for dentists, paving the way for a more secure future.
In Washington, as in the states, it can be hard for medical professionals to get approved for a conventional home loan. Even with DDS, DMD, DPM, or DVM after their name, dentists often have the same issue as medical doctors, medical residents, interns, pharmacists, CRNAs, or veterinarians. They leave school with a lot of student loan debt and can’t meet the debt to income ratio requirements for a conventional mortgage or an FHA supported loan.
A program similar to physician mortgage loans may exist in your region for dentists. Once you talk to loan officers, be prepared to compare the factors of each loan for a primary residence including:
Each mortgage lender will have their own qualifying criteria, whether it’s doctor mortgage loans or a conventional loan. By analyzing each loan program and its underwriting rules, you can get a better sense of the right financing option for you. You can both talk to loan officers and use calculators to get to this point before you apply for a mortgage loan program.
Even if you already looked somewhere that you hold a checking account or savings account like US Bank or Keybank, you still have the potential to buy that dream home you found on the NMLS when you look at dentist-specific financing options. Using your employment contract may help you get into a primary residence with manageable monthly payments on your new home, too. Your new job may enable you to buy real estate, but only when you shop around to find the best mortgage company to work with.
Dentist mortgages offer distinct advantages tailored specifically for dental professionals, setting them apart from traditional loan products. Firstly, these mortgages are customized to accommodate the unique demands of dentistry, including irregular schedules and pay structures, ensuring a more seamless lending experience.
What’s more, dentist mortgages typically entail significant cost savings, featuring lower interest rates, reduced fees, and down payment assistance to alleviate financial strain for dentists. Additionally, these programs offer enhanced flexibility in eligibility criteria and often provide recognition of service, such as waived fees, further incentivizing dentists to opt for this specialized financing option.
Finally, dentists in Washington may benefit from a broader network of healthcare professionals through their mortgage program, fostering community support and resources throughout the home buying process and beyond. In essence, Washington dentist mortgages are finely tuned to meet the specific needs and circumstances of dental professionals, offering tailored benefits and support unavailable through traditional financial institutions.
Do these examples sound familiar to you? You may be a great candidate for a dentist mortgage:
Dr. Singh runs a vibrant, kid-friendly dental practice in the heart of Seattle, where colorful murals adorn the walls and smiles abound. Despite her success in providing quality care to young patients, Dr. Singh faces a common challenge among dental professionals in the area: the daunting hurdle of affording a down payment on a home. With soaring housing prices and the weight of student debt on her shoulders, purchasing a home feels like an elusive dream. However, Dr. Singh remains optimistic, exploring alternative avenues like dentist mortgages to turn her dream of homeownership into a reality. These specialized loan programs, tailored to the unique needs of dentists, offer hope by providing assistance with down payments and flexible eligibility criteria. With determination and the support of dentist mortgage options, Dr. Singh remains steadfast in her pursuit of a place to call her own amidst the streets of Seattle.
Dr. Tines, a dedicated dentist in Tacoma, finds herself navigating the competitive housing market of the bustling city. Despite her expertise in providing top-notch dental care, Dr. Tines realizes that buying a home in Tacoma presents a significant financial challenge, especially with the high demand and rising prices in the area. Determined to secure a place to call her own in this vibrant community, Dr. Tines seeks out options to gain leverage in the competitive market. Aware of the benefits of dentist mortgages, she explores these specialized loan programs, which offer tailored advantages to dental professionals like herself. With the potential for lower down payments, reduced fees, and more flexible eligibility criteria, a dentist mortgage could provide Dr. Tines with the leverage she needs to achieve her homeownership goals in Tacoma. With determination and strategic financial planning, Dr. Tines remains optimistic about finding her perfect home in this dynamic city.
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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