Whether you are a first time home buyer or purchasing a new home in Apple Valley Minnesota, our vetted loan officers have a strong understanding of the local real estate industry and what it really requires to close your dentist mortgage with proficiency and know-how.
Our loan officers in Apple Valley Minnesota provide special financing for dentists, like you.
To start with, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are very 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 a lot fewer requirements than their competitors.
If you are looking for a dentist mortgage in Apple Valley Minnesota then you came to the right place.
You’ve worked 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 specifically for dentists?
Yup, dentists get their own loan!
A dentist home loan is a specialized loan program put together just for dentists in the home buying process.
We recognize the budgetary demands of your student loan debt, and how important 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 count on us to find a mortgage loan that is specially tailored for your needs.
A lot of dental experts in Apple Valley Minnesota may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or little to no work history.
Despite these reasons smart lending institutions know that dentists are a good bet considering that they traditionally have an extremely low default rate on loans, high earning potential and stable jobs.
Not all financial institutions offer this specialized product and within banks that do simply talking to the right home loan officer makes a significant difference.
Buying a house doesn’t have 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 thinking about delaying until you have the money?
Our lenders can do the math for you and show you what each circumstance looks like and the benefits of each too.
In most circumstances, you’ll get your mortgage paid off sooner and save thousands on interest too.
Furthermore, don’t forget that having equity in your home will most likely offer greater security and overall flexibility, particularly if something unforeseen happens. With the 100% financed dentist mortgage loan, you should expect to start out underwater. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially large check for as much as 10% of the purchase price simply to get out of the home.
No matter if you’re relocating down the street, across town or across the country, we are here to help you throughout the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Apple Valley Minnesota dentist home mortgage program!