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.
Regardless if our clients are a first time home buyer or buying a new home in Green Bay Wisconsin, our vetted loan officers have a strong understanding of the local area real estate industry and what it takes to close your dentist home mortgage with proficiency and know-how.
Our loan officers in Green Bay Wisconsin offer specialized financing for dentists, just like you.
First and foremost, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are really profitable customers for financial 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 a lot fewer terms than their competitors.
Dentist Mortgage Experts In Green Bay Wisconsin
If you are trying to find a dentist mortgage in Green Bay Wisconsin then you came to the right place.
You’ve trained very hard to become a dentist and purchasing 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 just for dentists?
Yup, dentists get their own mortgage!
A dentist mortgage is a special loan program created just for dentists in the home buying process.
We are aware of the economic demands of your student loan financial debt, and how essential 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 exclusively tailored for your needs.
A large number of dental professionals in Green Bay Wisconsin 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 reasons smart lenders know that dentists are a good bet because 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 speaking with the right home loan officer makes an enormous difference.
Advantages of Dentist Mortgage Loans
- Generally does not include student loan regular monthly payments in debt-to-income percentage.
- Requires low to no down payment (0-5 percent).
- Typically does not necessitate private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
- Will approve a contract as proof of future earnings, instead of pay stubs or W-2s, that don’t yet exist.
Purchasing a house doesn’t need to drain your savings and the process doesn’t have to drain your time.
Should You Put Money Down?
What if you have some funds to put down or are considering waiting until you have the money?
Our lenders can do the math for you and show you what each circumstance looks like and the advantages of each too.
In most cases, you’ll get your mortgage paid off earlier and save thousands of dollars on interest rates too.
Furthermore, don’t forget that having equity in your house will definitely offer more security and flexibility, especially if something unexpected happens. With the 100% financed dentist mortgage loan, you should expect to begin underwater. If something doesn’t work out and you are forced to sell quickly, you should be prepared to write a potentially sizable check for as much as 10% of the purchase price simply to get out of the home.
Whether you are moving down the road, across town or across the country, we are available to work with you through the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Green Bay Wisconsin dentist home loan program!


