Dentist Mortgage In Oxnard California

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 you are a first time home buyer or purchasing a new home in Oxnard California, our vetted loan officers have a solid understanding of the local real estate industry and what it really requires to secure your dentist mortgage with efficiency and know-how.

Our loan officers in Oxnard California provide special financing for dentists, just like you.

First and foremost, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are very 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 lending them more money with fewer terms than their competitors.

Dentist Home Mortgage Experts In Oxnard California

If you are trying to find a dentist home loan in Oxnard California then you came to the perfect place.

You’ve worked 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 home loan is a special loan program developed just for dentists in the home purchasing process.

We are aware of the economic demands of your student loan financial debt, and how crucial it is to preserve working capital for when the time is right with embarking upon your dental career. No matter if 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 large number of dental professionals in Oxnard California 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 because they historically have an incredibly low default rate on loans, high earning potential and stable jobs.

Not all lenders offer this specialized product and within banks that do just simply talking with the right mortgage loan officer makes a significant difference.

Advantages of Dentist Home Mortgage Loans

  • Typically does not include student loan monthly payments in debt-to-income percentage.
  • Requires very low to no down payment (0-5 percent).
  • Usually does not necessitate private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Will accept an agreement as evidence of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Cash Down?

What if you have some funds to put down or are looking at 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 circumstances, you’ll get your mortgage loan paid off sooner and save thousands on interest too.

Furthermore, don’t forget that having equity in your house will provide more security and overall flexibility, especially if something unexpected happens. With the 100% financed dentist home mortgage loan, you ought to anticipate to begin 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 home.

No matter if you’re moving down the road, across town or across the country, we are here to assist you through the dentist home loan process:: because you deserve it!

Dentists, get the house of your dreams with our Oxnard California dentist home loan program!

Dentist Mortgage In Oxnard California

Regardless of whether our clients are a first time home buyer or purchasing a new home in Oxnard California, our vetted loan officers have a solid understanding of the local real estate market and what it takes to close your dentist home mortgage with proficiency and know-how.

Our loan officers in Oxnard California provide special financing for dentists, like you.

First off, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are really 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 lock in early career dentists by lending them more money with far fewer stipulations than their competition.

Dentist Home Loan Experts In Oxnard California

If you are trying to find a dentist home mortgage in Oxnard California then you came to the perfect place.

You’ve trained 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 home loan is a specialized loan program put together just for dentists in the home purchasing process.

We recognize the budgetary demands of your student loan liability, and how important it is to maintain 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 depend on us to find a mortgage loan that is specially tailored for your needs.

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

Despite these factors smart financial institutions know that dentists are a good bet considering that they historically have an incredibly low nonpayment rate on loans, high earning potential and secure jobs.

Not all lenders offer this specialized product and within banks that do just simply consulting with the right home loan officer makes a tremendous difference.

Advantages of Dentist Home Mortgage Loans

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

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

Should You Put Cash Down?

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

Our mortgage lenders can do the math for you and show you what each scenario looks like and the advantages of each too.

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

Furthermore, don’t forget that having equity in your home will offer greater security and overall flexibility, specifically if something unexpected happens. With the 100% financed dentist mortgage loan, you should anticipate to begin 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 up to 10% of the purchase price simply 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 lend a hand you through the dentist home loan process:: because you deserve it!

Dentists, get the home of your dreams with our Oxnard California dentist home mortgage program!