Regardless of whether our clients are a first time home buyer or purchasing a new home in Cambridge Massachusetts, our vetted loan officers have a strong understanding of the local area real estate industry and what it really takes to secure your dentist mortgage with efficiency and know-how.
Our loan officers in Cambridge Massachusetts offer special 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 really profitable clients 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 lending them more money with fewer stipulations than their competitors.
If you are looking for a dentist home loan in Cambridge Massachusetts then you came to the right place.
You’ve worked very hard to become a dentist and purchasing home shouldn’t 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 just for dentists?
Yup, dentists get their own home loan!
A dentist home loan is a specialized loan program created just for dentists in the home purchasing process.
We are aware of the economic demands of your student loan financial debt, and how vital it is to maintain working capital for when the time is right with embarking upon 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 home loan that is specifically tailored for your needs.
Many dental experts in Cambridge Massachusetts may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or very little to no work history.
Despite these reasons smart lending institutions know that dentists are a good choice because 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 banking institutions that do just simply talking to the right home loan officer makes a remarkable difference.
Purchasing a house doesn’t need to empty your savings and the process doesn’t have to drain your time.
Suppose you have some funds 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 scenario looks like and the benefits of each too.
In most instances, you’ll get your home mortgage paid off earlier and save thousands of dollars on interest rates too.
Additionally, don’t forget that having equity in your house will definitely offer more security and overall flexibility, particularly if something unplanned happens. With the 100% financed dentist home mortgage loan, you should anticipate to start out under water. If something doesn’t work out and you are forced to sell quickly, you should be prepared to write a potentially sizable check for up to 10% of the purchase price just to get out of the house.
Regardless of whether you’re relocating down the street, across town or across the country, we are right here to help you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Cambridge Massachusetts dentist home mortgage program!