You’re our first priority. We want you to understand how we make money. This post may contain affiliate links. Biglaw Investor may receive a commission at no additional cost to you if you click on the links in this article. This may influence which products we write about and where and how the products appear on a page. However, it does not influence our evaluations. Our opinions are our own. In some circumstances, if you work with us, we are able to provide an incentive to work with our advertising partners that is unavailable if you work with our advertising partners directly. Our partners cannot pay us to guarantee favorable reviews of their products or services. To read more about how we make money, click here.
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
First National Bank of Omaha, founded in 1857, is the largest privately-owned bank in the U.S., offering a full range of banking and financial services across multiple states.
High-income professionals can take advantage of the First National Bank of Omaha's services, which include wealth management, comprehensive financial planning, private banking, and trust services. FNBO also offers personalized strategies for investment, estate planning, and managing retirement assets. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $850,000 |
| 5% | up to $1.25 million |
| 10% | up to $1.5 million |
• Online
usually responds within 30 minutes
$100M Closed Loans
First Western Trust, founded in 2004, is a private bank and wealth management company, providing a comprehensive suite of financial services across the Western U.S.
High-income professionals can utilize First Western Trust's services for comprehensive wealth planning and management. Offerings include investment consulting, private banking, trust and estate planning, and retirement planning. Tailored strategies are designed to optimize financial growth and security. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $850,000 |
| 5% | up to $1 million |
| 10% | up to $1.5 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
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 |
Located in the heart of the American West, Wyoming, known as the “Equality State,” boasts a unique blend of rugged beauty, tight-knit communities, and boundless outdoor adventures. From the iconic peaks of Jackson Hole to the historic charm of Cheyenne, Wyoming offers residents an unparalleled quality of life. With its vast expanses of wilderness and picturesque landscapes, towns like Cody and Laramie beckon outdoor enthusiasts and nature lovers alike. Despite its sparse population, Wyoming thrives with a rich cultural heritage and a strong sense of community. Whether you’re exploring the wonders of Yellowstone National Park or experiencing the vibrant energy of Casper, living in Wyoming promises an unforgettable journey filled with endless possibilities.
Despite its sparse population, Wyoming is home to a considerable number of dentists, totaling 230, as reported by the Bureau of Labor Statistics. However, while Wyoming has traditionally been known for its affordability, housing prices are on the upswing, particularly in sought-after regions like Jackson Hole. With the median listing price of a single-family home hovering around $479,225, according to the FED, purchasing a new home poses a significant challenge for hardworking dentists across the Equality State.
Fortunately, dentists can turn to specialized programs like dentist mortgages to ease the burden. These tailored loans streamline the mortgage process, making homeownership more accessible for dental professionals in Wyoming.
When considering a dentist mortgage in Wyoming, it’s essential to weigh both the advantages and disadvantages. On the positive side, these specialized loans are tailored to accommodate the unique financial circumstances of dentists. They can adapt to factors like multiple income sources, offering more lenient qualification criteria and manageable down payments. Some programs even extend assistance with closing costs. However, it’s important to note some drawbacks. Dentist mortgages are not as prevalent as traditional options, potentially limiting choices. Additionally, interest rates may be higher in some cases, although potential savings from program benefits may offset this. Lastly, borrowers should be vigilant for any additional fees associated with these mortgage programs.
If you’re a CRNA or dentist practitioner in Wyoming considering a dentist mortgage, it’s crucial to assess your financial situation and goals. Here’s a step-by-step guide to help you navigate this decision:
If you want to move to Wyoming and take out a home loan/mortgage loan, you might discover that it can be really frustrating for even a professional dentist with designations like DDS, DMD, DPM, or DVM. The home buying process can be slowed down for these medical professionals if they have high student loan debt that throws off their debt to income ratio. Further, some mortgage lenders want to see a history of high earnings rather than taking into consideration what a new job and employment contract will enable a dentist to do. Checking out these alternative loan programs could be the best way to allow a dentist to get their primary residence purchased. Healthcare professionals like CRNAs, medical doctors, medical residents, and pharmacists often enter the workforce with a high student loan payment that makes it hard to get approved for a home loan.
A dentist mortgage, however, uses your employment contract start date to get you qualified for real estate. If you’re someone who was unable to get approved for a conventional loan somewhere like US Bank, Truist, Keybank, or some other member FDIC institution, look into dentist loans. These work very similarly to physician home loans/physician mortgage loans in terms of qualifying. The dream of homeownership may be in reach even if a conventional mortgage was not.
If you’re trying to decide the right fit for your financing options, compare these aspects:
Once a loan officer has clarified this for you, you can look for a dream home on the NMLS or work with a real estate agent to find the perfect property.
Do you see yourself in either of the scenarios below? You may want to go with a dentist mortgage:
Dr. Turner has been a dedicated dentist in his picturesque hometown of Jackson Hole, Wyoming for years now. Despite his growing practice, Dr. Turner finds himself facing a daunting challenge when it comes to affording a home. The soaring home prices in Jackson Hole have created a formidable barrier, leaving Dr. Turner unable to afford a down payment. He decides to check out dentist mortgages, having heard from colleagues that he can qualify for one with little to no money down. A local lender offers him a dentist mortgage with no money down and help with closing costs, making a rancher on the edge of town within reach.
Dr. Andrews is the friendly face behind the bustling family dentistry practice nestled in the heart of a rural community an hour outside Casper. Despite the serene charm of his practice’s surroundings, Dr. Andrews faced a common dilemma shared by many dental professionals: the challenge of securing a home in an increasingly competitive market. However, with determination and the support of a specialized dentist mortgage program, Dr. Andrews found a path forward. This unique mortgage not only provided him with the financial leverage needed to purchase a home but also offered special benefits tailored to his profession. From assistance with down payments to exclusive forgiveness programs, Dr. Andrews discovered that his dedication to serving the community was reciprocated through the tangible support of his mortgage provider, paving the way for a bright future in his cherished rural haven.
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.
One email each week covers personal finance, financial independence, investing and other stuff for lawyers that makes you better.
Biglaw Investor is helping thousands of lawyers manage and eliminate student loans and make great investment decisions. We’re on a mission to help every lawyer achieve financial independence.
