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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
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 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 |
$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 |
Nebraska is often referred to as the “Cornhusker State” due to its rich agricultural heritage, particularly in corn production. Despite being primarily known for its agriculture, Nebraska offers a diverse range of attractions and opportunities that make it an appealing place to live.The state is known for its beautiful natural landscapes, including the Sandhills region and the Missouri River Valley, providing residents with plenty of opportunities to explore the great outdoors. Overall, Nebraska’s affordability, job opportunities, and quality of life make it an attractive destination for those seeking a comfortable and fulfilling lifestyle.
Many industries are doing well in Nebraska, including healthcare,making it little surprise that many nurses like to call this place home. According to data from the Bureau of Labor Statistics, Nebraska is home to 24,900 nurses, a list that includes some 330 CRNAs, 22,870 RNs, and 1,700 NPs.
While the cost of living is more manageable than in other states, housing prices are on the rise. According to the FED, the median listing price of a single family home is right around $349,950, making a new home in the state difficult for many nurses to afford. That’s where nurse mortgages can step in, offering nurses some support and options.
Nurse mortgages in Nebraska are pretty interesting because they’re designed just for nurses like you. They work in a way similar to regular mortgages but come with some extra perks tailored to make homeownership easier for nurses. One of the best parts is that they’re more flexible when it comes to who can qualify. So even if you have an unusual work schedule or a bunch of different jobs, you might still be able to get approved.
Another awesome thing about nurse mortgages is that they often let you put down a lower down payment. Traditional mortgages usually need a big chunk of cash upfront, but with a nurse mortgage, you might not need as much. That means you can get into your dream home without having to save up for years.
Plus, nurse mortgages sometimes come with special benefits like help with closing costs or lower interest rates. And in some cases, you might even qualify for forgiveness programs if you work in certain areas. Basically, they’re designed to make homeownership more accessible for nurses, which is pretty awesome if you ask me!
For most traditional loan programs, the qualifying criteria are very strict and nurses may not meet these eligibility rules. Borrowers like dentists, physician assistants, DVM/veterinarians, physicians, pharmacists, and nurses may need to pursue alternative programs to get approved for a loan amount. Homebuyers like medical professionals looking to relocate to Omaha or elsewhere in Nebraska may be interested in a mortgage loan repayment program built specifically for those in the healthcare industry.
The application process is usually quite similar to that of conventional mortgages, but may allow these medical providers to qualify more easily. In many cases, the mortgage lenders use an employment contract with a soon start date and the possibility of future income to help these borrowers finance their home purchase. For medical professionals with high levels of student debt, conventional mortgages can be a challenge because of the debt-to-income ratio (DTI) for FHA loans and other traditional loans. These assistance programs may even have low down payment options.
Nurse mortgage loans still come with many requirements for buying real estate in general that also apply to conventional loans, such as minimum credit score, employment history proof, income history, down payments, and closing costs. You should alos discuss future ability to refinance with the loan officer and look at calculators to determine where you’ll get the most benefit. Most of the application process is still handled by a loan officer. Shopping around to see where you can get the best interest rates and monthly mortgage payments is recommended. However, nurse loans and physician mortgages may have relaxed or more flexible requirements to get these healthcare professionals into a primary residence. Review all mortgage programs you’re eligible for before you start the application process.
If you’re a nurse in Nebraska thinking about diving into a nurse mortgage, take a moment to think it through. Start by checking out where you stand financially:
Once you’ve got a handle on that, do some digging into the nurse mortgage options available in Nebraska:
If you’re feeling unsure, don’t hesitate to chat with a financial advisor or mortgage expert:
Let’s delve into a few stories of nurses who’ve opted for Nebraska nurse mortgages. These real-life examples can shed light on whether a nurse mortgage aligns with your life:
In Nebraska, nurses often grapple with the challenge of scraping together a hefty down payment for a home. Take Marcia, for instance, a hardworking NP clocking long hours at a local hospital in Lincoln. Despite her consistent income, she’s been wrestling with saving up for a down payment amidst student loan payments and other expenses. But with a nurse mortgage, Sarah finds a glimmer of hope. These tailored loans often feature lower down payment options compared to traditional mortgages, making the dream of homeownership more achievable for nurses like her. Thanks to the nurse mortgage, Sarah can finally take the exciting leap toward owning her own place without the burden of a large down payment upfront.
Meanwhile, on the other side of the state, an ambitious nurse named Michael has his sights set on securing a mortgage for his dream home. Despite his determination, Michael faces hurdle after hurdle due to his high debt-to-income ratio and unpredictable work schedule. Traditional lenders have been hesitant to greenlight his application, leaving Michael feeling disheartened. Yet, when he stumbles upon nurse mortgages, Michael glimpses a glimmer of hope. These specialized loans often boast more forgiving eligibility criteria, making it easier for nurses like Michael to qualify, even with unconventional work schedules or hefty debt loads. With a nurse mortgage, Michael gains the leverage he needs to confidently pursue his homeownership aspirations in Nebraska.
If you’re looking to explore the best nurse mortgage in other states, click on your state below.
Find a Nurse 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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