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.
Whether or not our clients are a first time home buyer or purchasing a new home in Kenosha Wisconsin, our vetted loan officers have a solid understanding of the local area real estate market and what it really takes to secure your dentist home mortgage with efficiency and know-how.
Our loan officers in Kenosha Wisconsin offer specialized financing for dentists, exactly like you.
First off, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are really 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 lending them more money with fewer stipulations than their competitions.
Dentist Home Mortgage Experts In Kenosha Wisconsin
If you are searching for a dentist mortgage in Kenosha Wisconsin then you came to the right place.
You’ve trained very hard to become a dentist and buying home shouldn’t 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 specifically for dentists?
Yup, dentists get their own home loan!
A dentist home loan is a specialized loan program developed just for dentists in the home purchasing process.
We understand the financial demands of your student loan financial debt, and how crucial it is to maintain working capital for when the time is right with embarking upon your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can rely on us to find a mortgage loan that is exclusively tailored for your needs.
Many dental professionals in Kenosha Wisconsin may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or very little to no work history.
Despite these factors smart financial institutions know that dentists are a good bet considering that they traditionally have an exceptionally low default rate on loans, high earning potential and secure jobs.
Not all lenders offer this specialized product and within banking institutions that do just simply talking with the right mortgage officer makes a significant difference.
Benefits of Dentist Mortgage Loans
- Usually does not include student loan regular monthly payments in debt-to-income ratio.
- Requires low to no down payment (0-5 percent).
- Usually does not require private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
- Will accept a contract as documentation of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.
Purchasing a house doesn’t need to empty your savings and the process doesn’t have to drain your time.
Should You Put Money Down?
Suppose you have some funds to put down or are looking at delaying until you have the funds?
Our mortgage lenders 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 home loan paid off sooner and save thousands of dollars on interest rates too.
Additionally, don’t forget that having equity in your home will most likely provide more security and overall flexibility, specifically if something unexpected happens. With the 100% financed dentist home mortgage loan, you should expect to begin under water. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially big check for up to 10% of the purchase price simply to get out of the house.
No matter if you’re moving down the road, across town or across the country, we are right here to help you throughout the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Kenosha Wisconsin dentist home loan program!


