Whether or not you are a first time home buyer or purchasing a new home in Farmington Hills Michigan, our vetted loan officers have a solid understanding of the local real estate industry and what it really requires to secure your dentist home mortgage with proficiency and expertise.
Our loan officers in Farmington Hills Michigan provide exclusive financing for dentists, exactly like you.
First off, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are extremely 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 lending them more money with far fewer requirements than their competitors.
If you are looking for a dentist home loan in Farmington Hills Michigan then you came to the perfect place.
You’ve trained very hard to become a dentist and purchasing home really should not be nearly as difficult.
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 home loan!
A dentist mortgage is a special loan program designed just for dentists in the home purchasing process.
We recognize the economic demands of your student loan financial debt, and how important it is to preserve 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 count on us to find a mortgage loan that is exclusively tailored for your needs.
Quite a few dental professionals in Farmington Hills Michigan may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or minimal to no work history.
Despite these factors smart loan providers know that dentists are a good choice considering that they generally have an extremely low nonpayment rate on loans, high earning potential and secure jobs.
Not all banks offer this specialized product and within banks that do simply talking to the best mortgage officer makes a tremendous difference.
Purchasing a home doesn’t have to drain your savings and the process doesn’t need to drain your time.
What if you have some money to put down or are thinking about delaying until you have the funds?
Our loan providers can do the math for you and show you what each circumstance looks like and the benefits of each too.
In most cases, you’ll get your home loan paid off earlier and save thousands on interest too.
Additionally, don’t overlook that having equity in your house will likely provide more security and overall flexibility, particularly if something unplanned happens. With the 100% financed dentist mortgage loan, you should anticipate to start out underwater. If something doesn’t work out and you’re forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price just to get out of the house.
No matter if you are moving down the road, across town or across the country, we are 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 Farmington Hills Michigan dentist home loan program!
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