Regardless of whether our clients are a first time home buyer or buying a new home in Bayonne New Jersey, our vetted loan officers have a strong understanding of the local real estate market and what it really requires to secure your dentist mortgage with proficiency and expertise.
Our loan officers in Bayonne New Jersey provide special financing for dentists, just like you.
To start with, let’s talk about 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 lock in early career dentists by lending them more money with far fewer requirements than their competitions.
If you are looking for a dentist mortgage loan in Bayonne New Jersey then you came to the perfect place.
You’ve trained very hard to become a dentist and buying home should not be nearly as challenging.
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 mortgage!
A dentist home loan is a specialized loan program designed just for dentists in the home buying process.
We are aware of the budgetary demands of your student loan debt, and how essential it is to maintain working capital for when the time is right with starting 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 professionals in Bayonne New Jersey 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 lending institutions know that dentists are a good bet because they historically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banks that do just simply speaking to the best mortgage loan officer makes a tremendous difference.
Purchasing a home doesn’t need to drain your savings and the process doesn’t have 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 situation looks like and the benefits of each too.
In most situations, you’ll get your mortgage loan paid off earlier and save thousands of dollars on interest rates too.
Furthermore, don’t forget that having equity in your house will most likely offer more security and overall flexibility, specifically if something unplanned happens. With the 100% financed dentist home mortgage loan, you should anticipate to start out 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 as much as 10% of the purchase price simply to get out of the home.
Regardless of whether you are moving down the road, across town or across the country, we are here to help you through the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Bayonne New Jersey dentist home mortgage program!