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 San Jose California, our vetted loan officers have a solid understanding of the local real estate industry and what it really takes to secure your dentist home mortgage with efficiency and know-how.
Our loan officers in San Jose California provide exclusive financing for dentists, exactly 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 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 requirements than their competitions.
Dentist Mortgage Experts In San Jose California
If you are searching for a dentist home mortgage in San Jose California then you came to the perfect place.
You’ve trained very hard to become a dentist and purchasing home really 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 just for dentists?
Yup, dentists get their own mortgage!
A dentist home loan is a special loan program developed just for dentists in the home purchasing process.
We are aware of the budgetary demands of your student loan financial debt, and how important it is to maintain 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 mortgage loan that is exclusively tailored for your needs.
A large number of dental experts in San Jose California may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or minimal to no work history.
Despite these reasons smart lenders know that dentists are a good choice due to the fact that they traditionally have an exceptionally 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 talking to the best mortgage loan officer makes a remarkable difference.
Benefits of Dentist Home Mortgage Loans
- Generally does not include student loan monthly payments in debt-to-income ratio.
- Requires very low to no down payment (0-5 percent).
- Generally does not necessitate private mortgage insurance (PMI), even if lower than 20 percent down payment.
- Will approve a contract as evidence of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.
Purchasing a house doesn’t have to drain your savings and the process doesn’t have to drain your time.
Should You Put Cash Down?
What if you have some funds to put down or are considering waiting until you have the cash?
Our loan providers can do the math for you and show you what each circumstance looks like and the benefits of each too.
In most instances, you’ll get your home loan paid off sooner and save thousands of dollars on interest too.
Additionally, don’t forget that having equity in your home will likely offer greater security and flexibility, particularly if something unexpected happens. With the 100% financed dentist home mortgage loan, you should expect to begin under water. If something doesn’t work out and you’re 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 house.
Regardless of whether you are moving down the road, across town or across the country, we are available to work with you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our San Jose California dentist home mortgage program!


