Dentist Home Loan Mississippi

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 or not you are a first time home buyer or purchasing a new home in Mississippi, our vetted loan officers have a solid understanding of the local real estate market and what it takes to close your dentist home mortgage with efficiency and know-how.

Our loan officers in Mississippi provide exclusive financing for dentists, just like you.

To start with, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are extremely profitable clients for financial 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 Experts In Mississippi

If you are searching for a dentist home loan in Mississippi then you came to the perfect place.

You’ve worked 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 only for dentists?

Yup, dentists get their own mortgage!

A dentist home mortgage is a customized loan program put together just for dentists in the home purchasing process.

We recognize the economic demands of your student loan financial obligation, and how essential it is to maintain working capital for when the time is right with launching your dental career. Whether you are a couple years into practice, or a well established dentist, you can count on us to find a home loan that is specially tailored for your needs.

Many dental professionals in Mississippi may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or very little to no work history.

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

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

Benefits of Dentist Mortgage Loans

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

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

Should You Put Cash Down?

Suppose you have some funds to put down or are looking at delaying until you have the funds?

Our loan providers can do the math for you and show you what each scenario looks like and the advantages of each too.

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

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

Whether you’re moving down the street, across town or across the country, we are 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 Mississippi dentist home mortgage program!

Top cities in Mississippi for a dentist home loan.