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 you are a first time home buyer or buying a new home in Brookfield Wisconsin, our vetted loan officers have a strong understanding of the local real estate industry and what it really requires to close your dentist home mortgage with proficiency and expertise.
Our loan officers in Brookfield Wisconsin provide specialized financing for dentists, exactly like you.
First and foremost, let’s talk about 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 lock in early career dentists by loaning them more money with far fewer terms than their competitions.
Dentist Mortgage Experts In Brookfield Wisconsin
If you are looking for a dentist mortgage loan in Brookfield Wisconsin then you came to the right place.
You’ve worked very hard to become a dentist and buying home really 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 specifically for dentists?
Yup, dentists get their own home loan!
A dentist mortgage is a special loan program developed just for dentists in the home buying process.
We are aware of the financial demands of your student loan debt, and how vital it is to preserve 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 exclusively tailored for your needs.
Quite a few dental professionals in Brookfield Wisconsin may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or very little to no work history.
Despite these factors smart financial institutions know that dentists are a good choice due to the fact that they typically have an incredibly low default rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banks that do simply speaking with the best mortgage officer makes a remarkable difference.
Benefits of Dentist Home Mortgage Loans
- Generally does not include student loan monthly payments in debt-to-income percentage.
- Requires low to no down payment (0-5 percent).
- Often does not require private mortgage insurance (PMI), even if lower than 20 percent down payment.
- Will accept a contract as proof of future earnings, instead of pay stubs or W-2s, which don’t yet exist.
Purchasing a home doesn’t have to empty your savings and the process doesn’t have to drain your time.
Should You Put Money Down?
What if you have some cash 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 scenario looks like and the benefits of each too.
In most situations, you’ll get your mortgage loan paid off earlier and save thousands on interest too.
Additionally, don’t forget that having equity in your home will most likely offer more security and flexibility, particularly if something unexpected happens. With the 100% financed dentist mortgage loan, you should anticipate to begin underwater. If something does not 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 simply to get out of the house.
Whether you are moving down the street, across town or across the country, we are here to lend a hand you throughout the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Brookfield Wisconsin dentist home loan program!


