Dentist Home Loan Massachusetts

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.

Whether you are a first time home buyer or buying a new home in Massachusetts, our vetted loan officers have a solid understanding of the local area real estate market and what it really takes to close your dentist mortgage with efficiency and know-how.

Our loan officers in Massachusetts offer special financing for dentists, exactly like you.

First, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are really profitable customers for lending institutions. 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 fewer terms than their competition.

Dentist Home Loan Professionals In Massachusetts

If you are searching for a dentist mortgage in Massachusetts then you came to the right place.

You’ve trained very hard to become a dentist and purchasing home should not be nearly as difficult.

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 home mortgage is a specialty loan program put together just for dentists in the home buying process.

We recognize the budgetary demands of your student loan financial debt, and how essential it is to maintain working capital for when the time is right with starting your dental career. No matter if you are a couple years into practice, or a well established dentist, you can count on us to find a home loan that is exclusively tailored for your needs.

Quite a few dentists in Massachusetts may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or very little to no work history.

Despite these reasons smart loan providers know that dentists are a good choice because they historically have an extremely low default rate on loans, high earning potential and secure jobs.

Not all mortgage lenders offer this specialized product and within banks that do simply talking with the right mortgage officer makes a remarkable difference.

Advantages of Dentist Home Mortgage Loans

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

Buying a house doesn’t have to empty your savings and the process doesn’t have to drain your time.

Should You Put Cash Down?

What if you have some funds to put down or are considering delaying until you have the cash?

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

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

Additionally, don’t overlook that having equity in your house will most likely provide more security and overall flexibility, especially if something unplanned happens. With the 100% financed dentist mortgage loan, you should anticipate to begin underwater. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially sizable check for up to 10% of the purchase price simply to get out of the house.

No matter if you are relocating down the street, across town or across the country, we are here to work with you throughout the dentist home mortgage process:: because you deserve it!

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

Top cities in Massachusetts for a dentist home loan.

Boston
Brockton
Cambridge
Chicopee
Fall River
Haverhill
Lawrence
Lowell
Lynn
Malden
Medford
New Bedford
Newton
Peabody
Quincy
Revere
Somerville
Springfield
Taunton
Waltham
Weymouth Town
Worcester