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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 |
• Online
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, 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
United Community Bank, founded in 1950, is a regional US bank offering comprehensive financial services, known for its customer-centric approach and community involvement.
High-income professionals can benefit from United Community Bank's diverse services, including wealth management, retirement planning, and private banking. The bank also offers customized lending solutions, insurance services, and investment strategies tailored to meet individual financial goals. [ Read Review → ]
| Down payment | Financing |
|---|---|
| 0% | up to $766,550 |
| 5% | up to $1 million |
With its temperate climate, including mild winters and warm summers, South Carolina is an attractive place to live. The Palmetto State boasts a beautiful coastline along the Atlantic Ocean with picturesque beaches, such as Hilton Head Island, Myrtle Beach, and Kiawah Island, where residents can enjoy sunbathing, swimming, surfing, and other water sports throughout much of the year.
Overall, the combination of natural beauty, rich history, cultural attractions, outdoor recreation, affordability, and southern hospitality makes South Carolina an appealing spot for home-buying for many individuals, including nurses. According to the Bureau of Labor Statistics, some 54,550 nurses call South Carolina home, including 5,470 nurse practitioners and 48,790 registered nurses, respectively.
Whereas some areas of South Carolina are quite affordable, the beauty and popularity of many areas make them quite expensive. According to the FED, the median listing price of a single-family home in South Carolina is around $359,000.
Can a working nurse in South Carolina become a homeowner? With a nurse mortgage, the answer is a decided ‘yes.’ Designed for working nurses, these programs help with the cost and complexity of buying a new home in the Palmetto State.
Applying for a nurse mortgage in South Carolina requires a similar process to applying for a traditional mortgage. However, there are some differences that it’s important to be aware of. Follow these steps to use a nurse mortgage for your own home purchase:
By following these steps and working closely with a lender who is experienced in nurse mortgage programs, you’ll navigate the process of applying for a nurse mortgage in South Carolina with confidence.
Let’s break down the pros and cons of snagging a nurse mortgage.
Pros:
Cons? Yes, there are some.
There you have it – the lowdown on nurse mortgages, complete with their perks and pitfalls. Just like any financial decision, it’s all about weighing the pros and cons to see if it’s the right fit for you.
Tom and Rebecca had just settled into their careers in nursing and were dreaming of taking the next big step in their lives: buying their first home together. However, like many young couples living in the Columbia area, they soon discovered that navigating the world of real estate and mortgages is often overwhelming – and expensive.
Determined to find a solution, Tom and Rebecca began researching their options and stumbled upon the concept of nurse mortgages. Intrigued by the idea of a mortgage designed specifically for healthcare professionals like themselves, they decided to explore further.
They reached out to a local lender who specialized in nurse mortgage programs and learned all about the benefits of a nurse mortgage – from friendlier eligibility criteria to assistance with closing costs and no private mortgage insurance. Tom and Rebecca felt a sense of relief knowing there was a mortgage option tailored to their unique needs as nurses.
Finally, after a bit of elbow grease and working closely with their lender, they found the perfect place to call their own: a cozy bungalow nestled in a quiet Columbia neighborhood. With the help of their nurse mortgage, they were able to make an offer and secure their dream home.
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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