Regardless if our clients are a first time home buyer or buying a new home in Binghamton New York, our vetted loan officers have a strong understanding of the local area real estate market and what it really takes to secure your dentist mortgage with efficiency and expertise.
Our loan officers in Binghamton New York provide special financing for dentists, like you.
To start with, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are extremely 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 lending them more money with a fewer number of requirements than their competitions.
If you are trying to find a dentist mortgage loan in Binghamton New York then you came to the right 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 mortgage!
A dentist mortgage is a special loan program designed just for dentists in the home buying process.
We are aware of the personal 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 depend on us to find a mortgage loan that is specifically tailored for your needs.
A lot of dental experts in Binghamton New York may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or minimal to no work history.
Despite these factors smart lending institutions know that dentists are a good choice considering that they historically have an extremely low default rate on loans, high earning potential and stable jobs.
Not all mortgage lenders offer this specialized product and within banks that do simply consulting with the right home loan officer makes an enormous difference.
Buying a house doesn’t have to empty your savings and the process doesn’t have to drain your time.
What if you have some funds to put down or are considering waiting until you have the cash?
Our mortgage lenders can do the math for you and show you what each circumstance looks like and the benefits of each too.
In most cases, you’ll get your mortgage paid off sooner and save thousands on interest rates too.
Furthermore, don’t forget that having equity in your house will definitely offer more security and flexibility, specifically if something unplanned 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 large check for up to 10% of the purchase price simply to get out of the home.
Whether you’re relocating down the road, across town or across the country, we are right here to work with you through the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Binghamton New York dentist home loan program!