Whether you are a first time home buyer or purchasing a new home in El Paso Texas, our vetted loan officers have a solid understanding of the local real estate market and what it requires to close your dentist home loan with competency and know-how.
Our loan officers in El Paso Texas provide special financing for dentists, just like you.
To start with, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are very profitable clients for lending institutions. 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 loaning them more money with far fewer stipulations than their competitors.
If you are searching for a dentist mortgage loan in El Paso Texas 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 only for dentists?
Yup, dentists get their own loan!
A dentist mortgage is a special loan program developed just for dentists in the home buying 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 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 lot of dental experts in El Paso Texas may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or very little to no work history.
Despite these factors smart loan providers know that dentists are a good bet because they traditionally have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all financial institutions offer this specialized product and within banking institutions that do simply speaking with the right mortgage loan officer makes a significant difference.
Purchasing a house doesn’t need to drain your savings and the process doesn’t have to drain your time.
What if you have some cash to put down or are thinking about waiting until you have the money?
Our lenders can do the math for you and show you what each scenario looks like and the benefits of each too.
In most situations, you’ll get your home loan paid off earlier and save thousands of dollars on interest too.
Additionally, don’t overlook that having equity in your house will most likely offer greater security and overall flexibility, particularly if something unanticipated happens. With the 100% financed dentist home mortgage loan, you ought to 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 sizable check for up to 10% of the purchase price simply to get out of the house.
Whether 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 mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our El Paso Texas dentist home loan program!
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