Dentist Home Loan Georgia

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 our clients are a first time home buyer or buying a new home in Georgia, our vetted loan officers have a strong understanding of the local area real estate industry and what it takes to secure your dentist home mortgage with efficiency and expertise.

Our loan officers in Georgia offer exclusive financing for dentists, just like you.

First off, 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 competition.

Dentist Home Mortgage Experts In Georgia

If you are searching for a dentist mortgage in Georgia then you came to the right place.

You’ve trained very hard to become a dentist and purchasing home 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 specialty loan program put together just for dentists in the home buying process.

We recognize the personal financial demands of your student loan financial obligation, and how important it is to maintain working capital for when the time is right with starting your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can count on us to find a home loan that is specially tailored for your needs.

Many dental professionals in Georgia 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 lenders know that dentists are a good bet considering that they generally have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.

Not all mortgage lenders offer this specialized product and within banks that do just simply speaking to the right mortgage officer makes an enormous difference.

Benefits of Dentist Home Mortgage Loans

  • Usually does not include student loan monthly payments in debt-to-income percentage.
  • Generally requires small to no down payment (0-5 percent).
  • Generally does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Generally will approve an agreement as evidence of future earnings, in lieu of pay stubs or W-2s, that don’t yet exist.

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

Should You Put Cash Down?

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

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

In most circumstances, you’ll get your mortgage paid off sooner and save thousands on interest too.

Additionally, don’t forget that having equity in your home will definitely provide greater security and overall flexibility, especially if something unplanned happens. With the 100% financed dentist mortgage loan, you ought to expect to start out under water. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially large check for as much as 10% of the purchase price simply to get out of the home.

Regardless of 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 Georgia dentist home loan program!

Top cities in Georgia for a dentist home loan.

Albany
Alpharetta
Athens
Atlanta
Augusta
Brookhaven
Columbus
Dunwoody
Johns Creek
Macon
Marietta
Peachtree Corners
Roswell
Sandy Springs
Savannah
Smyrna
Valdosta
Warner Robins