Home Mortgage For Dentists In Brockton Massachusetts

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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Whether or not you are a first time home buyer or purchasing a new home in Brockton Massachusetts, our vetted loan officers have a strong understanding of the local real estate industry and what it really takes to secure your dentist mortgage with efficiency and expertise.

Our loan officers in Brockton Massachusetts provide specialized financing for dentists, just like you.

First off, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are extremely profitable clients for lenders. They take out big loans early in their careers and almost always pay them off. Lenders use dentist home loans to secure early career dentists by lending them more money with far fewer stipulations than their competitors.

Dentist Home Loan Experts In Brockton Massachusetts

If you are looking for a dentist home loan in Brockton Massachusetts 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 home loan!

A dentist home loan is a special loan program created just for dentists in the home purchasing process.

We recognize the personal financial demands of your student loan liability, and how crucial it is to preserve working capital for when the time is right with starting your dental career. Whether or not you are a couple years into practice, or a well established dentist, you can rely on us to find a mortgage loan that is exclusively tailored for your needs.

A large number of dental experts in Brockton Massachusetts may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or little to no work history.

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

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

Advantages of Dentist Mortgage Loans

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

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

Should You Put Money Down?

Suppose you have some cash to put down or are thinking about delaying until you have the funds?

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

Furthermore, don’t overlook that having equity in your house will most likely offer greater security and flexibility, especially if something unplanned happens. With the 100% financed dentist home mortgage loan, you ought to expect to start out under water. 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 simply to get out of the house.

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

Dentists, get the house of your dreams with our Brockton Massachusetts dentist home mortgage program!