Dentist Home Loan In Burlington North Carolina

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 our clients are a first time home buyer or purchasing a new home in Burlington North Carolina, our vetted loan officers have a strong understanding of the local area real estate market and what it requires to secure your dentist home loan with competency and expertise.

Our loan officers in Burlington North Carolina offer exclusive financing for dentists, just like you.

First and foremost, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are extremely 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 fewer stipulations than their competitors.

Dentist Mortgage Experts In Burlington North Carolina

If you are trying to find a dentist mortgage loan in Burlington North Carolina then you came to the perfect place.

You’ve worked very hard to become a dentist and purchasing 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 home mortgage is a special loan program created just for dentists in the home buying process.

We are aware of the financial 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 depend on us to find a home loan that is specially tailored for your needs.

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

Despite these reasons smart loan providers know that dentists are a good bet due to the fact that they traditionally have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.

Not all lenders offer this specialized product and within banks that do simply speaking to the best mortgage loan officer makes a tremendous difference.

Benefits of Dentist Home Mortgage Loans

  • Generally does not include student loan monthly payments in debt-to-income percentage.
  • Usually require small to no down payment (0-5 percent).
  • Usually does not necessitate private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Typically will approve an agreement as evidence of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Money Down?

What if you have some money to put down or are thinking about delaying until you have the cash?

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

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

Additionally, don’t forget that having equity in your house will likely provide greater security and flexibility, particularly if something unexpected happens. With the 100% financed dentist mortgage loan, you should anticipate to begin underwater. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially big check for as much as 10% of the purchase price just to get out of the home.

No matter if you are relocating down the street, across town or across the country, we are here to lend a hand you through the dentist home mortgage process:: because you deserve it!

Dentists, get the home of your dreams with our Burlington North Carolina dentist home mortgage program!