Regardless of whether our clients are a first time home buyer or buying a new home in Schaumburg Illinois, our vetted loan officers have a strong understanding of the local area real estate industry and what it really requires to close your dentist home mortgage with proficiency and know-how.
Our loan officers in Schaumburg Illinois provide specialized 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 far fewer terms than their competitions.
If you are looking for a dentist mortgage in Schaumburg Illinois then you came to the right place.
You’ve trained very hard to become a dentist and purchasing home shouldn’t 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 loan!
A dentist home loan is a specialty loan program put together just for dentists in the home buying process.
We recognize the 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. No matter if you are a couple years into practice, or a well established dentist, you can rely on us to find a home loan that is specifically tailored for your needs.
A large number of dental experts in Schaumburg Illinois may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or minimal to no work history.
Despite these reasons smart lenders know that dentists are a good bet considering that they generally have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.
Not all financial institutions offer this specialized product and within banks that do just simply speaking to the right mortgage loan officer makes a remarkable difference.
Buying a home doesn’t have to drain your savings and the process doesn’t need to drain your time.
What if you have some money to put down or are looking at 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 mortgage paid off sooner and save thousands of dollars on interest rates too.
Additionally, don’t overlook that having equity in your house will most likely offer more security and flexibility, particularly if something unanticipated happens. With the 100% financed dentist home mortgage loan, you should expect to begin underwater. If something does not work out and you’re 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.
No matter if you are relocating down the road, across town or across the country, we are right here to work with you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Schaumburg Illinois dentist home mortgage program!
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