Dentist Home Loan Program Oakland California

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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Regardless if you are a first time home buyer or purchasing a new home in Oakland California, our vetted loan officers have a solid understanding of the local area real estate industry and what it really takes to secure your dentist home loan with proficiency and know-how.

Our loan officers in Oakland California offer special financing for dentists, just like you.

First off, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are really 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 lock in early career dentists by loaning them more money with far fewer stipulations than their competitions.

Dentist Home Mortgage Experts In Oakland California

If you are looking for a dentist home mortgage in Oakland California then you came to the right place.

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

Yup, dentists get their own loan!

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

We are aware of the personal financial demands of your student loan financial debt, and how crucial it is to maintain working capital for when the time is right with starting your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can count on us to find a mortgage loan that is specially tailored for your needs.

A large number of dentists in Oakland California may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan debt or very little to no work history.

Despite these factors smart lenders know that dentists are a good bet because they generally have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.

Not all lenders offer this specialized product and within banking institutions that do simply talking to the right home loan officer makes an enormous difference.

Advantages of Dentist Home Mortgage Loans

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

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

Should You Put Money Down?

Suppose you have some funds to put down or are considering waiting until you have the funds?

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

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

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

Regardless of whether you are moving down the road, across town or across the country, we are available to work with you all throughout the dentist home mortgage process:: because you deserve it!

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

Dentist Home Loan Program Oakland California

Whether you are a first time home buyer or purchasing a new home in Oakland California, our vetted loan officers have a strong understanding of the local area real estate industry and what it really takes to secure your dentist home mortgage with competency and expertise.

Our loan officers in Oakland California offer exclusive financing for dentists, just like you.

First and foremost, let’s discuss why dentist mortgage loans even exist. The 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 fewer number of stipulations than their competitors.

Dentist Home Loan Experts In Oakland California

If you are looking for a dentist home mortgage in Oakland California 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 mortgage!

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

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

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

Despite these reasons smart lenders know that dentists are a good bet considering that they generally have an incredibly low nonpayment rate on loans, high earning potential and secure jobs.

Not all mortgage lenders offer this specialized product and within banks that do simply consulting with the best mortgage officer makes a significant difference.

Benefits of Dentist Mortgage Loans

  • Usually does not include student loan monthly payments in debt-to-income ratio.
  • Requires low to no down payment (0-5 percent).
  • Generally does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Will approve a contract as documentation of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

Purchasing 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 waiting until you have the cash?

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

In most situations, you’ll get your mortgage paid off earlier and save thousands on interest rates too.

Additionally, don’t forget that having equity in your house will provide more security and overall flexibility, particularly if something unforeseen happens. With the 100% financed dentist mortgage loan, you should expect to start out underwater. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially sizable check for up to 10% of the purchase price simply to get out of the home.

Whether you’re relocating down the road, across town or across the country, we are available to assist you through the dentist home mortgage process:: because you deserve it!

Dentists, get the house of your dreams with our Oakland California dentist home loan program!