Dentist Home Loan North Carolina

Benefits of a Dentist Loan

  • Zero or Low Down Payment 0-10% is typical.
  • No Private Mortgage Insurance(PMI) saving you up to 1% annually. That is a $10,000 per year savings on a 1 million dollar home.
  • Student loan debt not counted against you. This allows you to qualify for a nicer home.
  • Higher loan limits up to 2 million are available typically at the same rate.
  • Ability to close 90 days prior to new employment beginning. Moving is stressful enough without starting a new job. Why move twice or pay huge premiums for long term housing.
Get Your Dentist Loan Rates Now by Completing the Form Below.

Please complete the reCAPTCHA.

Your application has been received! We will be in touch with you shortly.

Regardless if our clients are a first time home buyer or buying a new home in North Carolina, our vetted loan officers have a solid understanding of the local area real estate market and what it really takes to secure your dentist mortgage with proficiency and know-how.

Our loan officers in North Carolina provide special financing for dentists, exactly like you.

First and foremost, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are extremely profitable customers for lenders. They take out big loans early in their careers and almost always pay them off. Lenders use dentist home loans to secure early career dentists by loaning them more money with a lot fewer requirements than their competition.

Dentist Home Mortgage Professionals In North Carolina

If you are trying to find a dentist mortgage in North Carolina then you came to the right place.

You’ve worked very hard to become a dentist and buying home should not be nearly as challenging.

Did you know there is a special loan that makes it easy for dentists to buy a home?

A home loan specifically for dentists?

Yup, dentists get their own home loan!

A dentist mortgage is a special loan program made just for dentists in the home buying process.

We understand the budgetary demands of your student loan financial debt, and how crucial it is to maintain working capital for when the time is right with launching your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can depend on us to find a home loan that is specifically tailored for your needs.

A lot of dentists in North Carolina may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or minimal to no work history.

Despite these reasons smart loan providers know that dentists are a good choice due to the fact that they historically have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.

Not all lenders offer this specialized product and within banking institutions that do simply talking to the best mortgage loan officer makes a tremendous difference.

Advantages of Dentist Mortgage Loans

  • Generally does not include student loan regular monthly payments in debt-to-income percentage.
  • Generally requires low to no down payment (0-5 percent).
  • Usually does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Typically will accept an agreement as evidence of future earnings, in lieu of pay stubs or W-2s, that don’t yet exist.

Purchasing a home doesn’t need to drain your savings and the process doesn’t need to drain your time.

Should You Put Cash Down?

What if you have some cash to put down or are thinking about waiting until you have the cash?

Our mortgage lenders can do the math for you and show you what each situation looks like and the advantages of each too.

In most circumstances, you’ll get your mortgage paid off sooner and save thousands on interest too.

Additionally, don’t forget that having equity in your house will most likely offer greater security and flexibility, specifically if something unplanned happens. With the 100% financed dentist home mortgage loan, you ought to anticipate to start out under water. If something doesn’t work out and you’re forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price simply to get out of the house.

Regardless of whether you’re relocating down the road, across town or across the country, we are available to help you throughout the dentist home loan process:: because you deserve it!

Dentists, get the house of your dreams with our North Carolina dentist home mortgage program!

Top cities in North Carolina for a dentist home loan.

Apex
Asheville
Burlington
Cary
Chapel Hill
Charlotte
Concord
Durham
Fayetteville
Gastonia
Greensboro
Greenville
Hickory
High Point
Huntersville
Jacksonville
Kannapolis
Raleigh
Rocky Mount
Wilmington
Wilson
Winston Salem