Dentist Home Loan Program Corpus Christi Texas

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 our clients are a first time home buyer or buying a new home in Corpus Christi Texas, our vetted loan officers have a strong understanding of the local real estate industry and what it really requires to secure your dentist home mortgage with efficiency and know-how.

Our loan officers in Corpus Christi Texas offer exclusive financing for dentists, like you.

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

Dentist Mortgage Experts In Corpus Christi Texas

If you are trying to find a dentist mortgage loan in Corpus Christi Texas then you came to the perfect place.

You’ve trained very hard to become a dentist and buying 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 specifically for dentists?

Yup, dentists get their own loan!

A dentist home loan is a specialty loan program designed just for dentists in the home purchasing process.

We are aware of the financial demands of your student loan debt, and how vital it is to maintain 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 specifically tailored for your needs.

A lot of dental professionals in Corpus Christi Texas may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan debt or little to no work history.

Despite these factors smart financial institutions know that dentists are a good bet considering that they historically have an extremely low default rate on loans, high earning potential and stable jobs.

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

Benefits of Dentist Home Mortgage Loans

  • Usually does not include student loan monthly payments in debt-to-income percentage.
  • Requires very 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, that don’t yet exist.

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

Should You Put Cash Down?

What if you have some funds to put down or are looking at waiting until you have the money?

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

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

Additionally, don’t forget that having equity in your home will most likely offer more security and flexibility, specifically if something unforeseen happens. With the 100% financed dentist home mortgage loan, you should anticipate to begin under water. If something does not work out and you are 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 relocating down the street, across town or across the country, we are here to lend a hand you throughout the dentist home loan process:: because you deserve it!

Dentists, get the house of your dreams with our Corpus Christi Texas dentist home mortgage program!