Dentist Home Loan In Alexandria Louisiana

Regardless of whether you are a first time home buyer or buying a new home in Alexandria Louisiana, our vetted loan officers have a solid understanding of the local real estate industry and what it takes to secure your dentist mortgage with efficiency and expertise.

Our loan officers in Alexandria Louisiana provide exclusive financing for dentists, just like you.

First off, 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 secure early career dentists by loaning them more money with far fewer terms than their competition.

Dentist Mortgage Experts In Alexandria Louisiana

If you are trying to find a dentist mortgage in Alexandria Louisiana then you came to the perfect 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 specialty loan program put together just for dentists in the home buying process.

We recognize the economic 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 or not you are a couple years into practice, or a well established dentist, you can depend on us to find a home loan that is specifically tailored for your needs.

A large number of dental experts in Alexandria Louisiana 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 loan providers know that dentists are a good bet because they typically 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 officer makes a significant difference.

Advantages of Dentist Home Mortgage Loans

  • Usually 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), despite the fact that lower than 20 percent down payment.
  • Will approve an agreement as evidence of future earnings, instead of pay stubs or W-2s, that 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 Money Down?

Suppose you have some cash to put down or are thinking about waiting until you have the cash?

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

In most circumstances, you’ll get your home loan paid off earlier and save thousands of dollars on interest too.

Furthermore, don’t overlook that having equity in your house will provide more security and overall flexibility, especially if something unforeseen happens. With the 100% financed dentist home mortgage loan, you should expect 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 just to get out of the home.

No matter if you’re relocating 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 Alexandria Louisiana dentist home mortgage program!