Dentist Home Loan Colorado

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.
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Whether you are a first time home buyer or buying a new home in Colorado, our vetted loan officers have a strong understanding of the local real estate market and what it really requires to secure your dentist home mortgage with proficiency and know-how.

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

To start with, 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 lock in early career dentists by loaning them more money with a lot fewer terms than their competition.

Dentist Home Loan Professionals In Colorado

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

You’ve trained very hard to become a dentist and purchasing home really 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 only for dentists?

Yup, dentists get their own mortgage!

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

We understand the personal financial demands of your student loan liability, and how vital it is to preserve working capital for when the time is right with embarking upon your dental career. Whether you are a couple years into practice, or a well established dentist, you can depend on us to find a mortgage loan that is exclusively tailored for your needs.

A large number of dental experts in Colorado may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or minimal to no work history.

Despite these reasons smart loan providers know that dentists are a good choice considering that they typically have an exceptionally low default rate on loans, high earning potential and stable jobs.

Not all lenders offer this specialized product and within banking institutions that do just simply consulting with the right mortgage loan officer makes a significant difference.

Advantages of Dentist Mortgage Loans

  • Generally does not include student loan regular monthly payments in debt-to-income percentage.
  • Usually requires small to no down payment (0-5 percent).
  • Often does not necessitate private mortgage insurance (PMI), even if lower than 20 percent down payment.
  • Typically will accept a contract as proof of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.

Buying a home doesn’t have to drain 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 waiting until you have the money?

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

In most situations, you’ll get your home mortgage paid off sooner and save thousands of dollars on interest too.

Furthermore, don’t forget that having equity in your home will provide greater security and flexibility, especially if something unforeseen happens. With the 100% financed dentist mortgage loan, you ought to anticipate to begin under water. If something doesn’t work out and you’re forced to sell quickly, you should be prepared to write a potentially large check for up to 10% of the purchase price simply to get out of the home.

Whether you’re moving down the street, across town or across the country, we are right here to lend a hand you through the dentist home loan process:: because you deserve it!

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

Top cities in Colorado for a dentist home loan.

Arvada
Aurora
Boulder
Broomfield
Castle Rock
Centennial
Colorado Springs
Commerce City
Denver
Fort Collins
Grand Junction
Greeley
Lakewood
Littleton
Longmont
Loveland
Northglenn
Parker
Pueblo
Thornton
Westminster