Whether or not our clients are a first time home buyer or purchasing a new home in Ames Iowa, our vetted loan officers have a solid understanding of the local area real estate market and what it requires to close your dentist mortgage with efficiency and know-how.
Our loan officers in Ames Iowa provide specialized financing for dentists, exactly like you.
First and foremost, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are extremely profitable clients 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 lending them more money with a lot fewer stipulations than their competitions.
If you are searching for a dentist mortgage in Ames Iowa then you came to the right place.
You’ve trained very hard to become a dentist and buying 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 home loan!
A dentist mortgage is a special loan program made just for dentists in the home purchasing process.
We recognize the financial demands of your student loan financial debt, and how essential it is to preserve working capital for when the time is right with launching 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 home loan that is exclusively tailored for your needs.
A lot of dentists in Ames Iowa 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 reasons smart financial institutions know that dentists are a good bet considering that they typically have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banks that do simply talking with the best home loan officer makes a significant difference.
Purchasing a house doesn’t need to drain your savings and the process doesn’t need to drain your time.
What if you have some money to put down or are looking at delaying until you have the money?
Our loan providers can do the math for you and show you what each situation looks like and the benefits of each too.
In most cases, you’ll get your home loan paid off earlier and save thousands on interest rates too.
Additionally, don’t overlook that having equity in your home will likely provide greater security and overall flexibility, particularly if something unplanned happens. With the 100% financed dentist mortgage loan, you ought to 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 just to get out of the house.
No matter if you are relocating down the street, across town or across the country, we are available to assist you throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Ames Iowa dentist home loan program!