Regardless of whether you are a first time home buyer or buying a new home in Troy Michigan, our vetted loan officers have a solid understanding of the local real estate industry and what it requires to secure your dentist home loan with efficiency and expertise.
Our loan officers in Troy Michigan provide exclusive financing for dentists, exactly like you.
First, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are very profitable customers 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 fewer stipulations than their competitors.
If you are searching for a dentist home loan in Troy Michigan then you came to the right place.
You’ve trained 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 home loan!
A dentist mortgage is a customized loan program developed just for dentists in the home purchasing process.
We recognize the economic demands of your student loan debt, and how essential it is to preserve 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 rely on us to find a mortgage loan that is specifically tailored for your needs.
A lot of dentists in Troy Michigan may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or little to no work history.
Despite these reasons smart lenders know that dentists are a good bet due to the fact that they typically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all financial institutions offer this specialized product and within banks that do just simply speaking with the right home loan officer makes a significant difference.
Purchasing a house doesn’t have to drain your savings and the process doesn’t need to drain your time.
What if you have some cash to put down or are thinking about waiting until you have the cash?
Our mortgage lenders can do the math for you and show you what each circumstance looks like and the advantages of each too.
In most circumstances, you’ll get your home loan paid off sooner and save thousands of dollars on interest too.
Furthermore, don’t forget that having equity in your house will most likely offer more security and flexibility, specifically if something unanticipated happens. With the 100% financed dentist mortgage loan, you ought to anticipate to start out under water. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially sizable check for as much as 10% of the purchase price just to get out of the home.
Whether you’re moving down the street, across town or across the country, we are right here to assist you through the dentist home mortgage process:: because you deserve it!
Dentists, get the house of your dreams with our Troy Michigan dentist home loan program!