Dentist Home Loan In Arvada Colorado

Regardless of whether our clients are a first time home buyer or buying a new home in Arvada Colorado, our vetted loan officers have a solid understanding of the local real estate industry and what it takes to close your dentist mortgage with competency and know-how.

Our loan officers in Arvada Colorado provide specialized financing for dentists, like you.

To start with, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are very 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 loaning them more money with far fewer requirements than their competition.

Dentist Home Loan Experts In Arvada Colorado

If you are searching for a dentist mortgage in Arvada Colorado then you came to the perfect place.

You’ve worked 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 only for dentists?

Yup, dentists get their own home loan!

A dentist mortgage is a specialty loan program made just for dentists in the home purchasing process.

We recognize the financial demands of your student loan financial debt, and how crucial it is to preserve working capital for when the time is right with starting 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 specifically tailored for your needs.

A large number of dental experts in Arvada Colorado 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 loan providers know that dentists are a good choice considering that they historically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.

Not all mortgage lenders offer this specialized product and within banks that do simply speaking with the best mortgage loan officer makes a tremendous difference.

Benefits of Dentist Home Mortgage Loans

  • Generally does not include student loan monthly payments in debt-to-income ratio.
  • Requires low to no down payment (0-5 percent).
  • Usually does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Will approve a contract as documentation of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

Purchasing a home doesn’t have to drain your savings and the process doesn’t need to drain your time.

Should You Put Money Down?

What if you have some money to put down or are thinking about waiting until you have the money?

Our lenders can do the math for you and show you what each situation looks like and the benefits of each too.

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

Furthermore, don’t overlook that having equity in your home will offer greater security and overall flexibility, particularly if something unanticipated happens. With the 100% financed dentist mortgage loan, you ought to anticipate to begin underwater. If something does not work out and you are forced to sell quickly, you should be prepared to write a potentially large check for up to 10% of the purchase price just to get out of the house.

Regardless of whether you are moving down the street, across town or across the country, we are right here to help you all throughout the dentist home loan process:: because you deserve it!

Dentists, get the house of your dreams with our Arvada Colorado dentist home mortgage program!