Regardless of whether you are a first time home buyer or purchasing a new home in Birmingham Alabama, our vetted loan officers have a solid understanding of the local real estate industry and what it takes to secure your dentist home mortgage with proficiency and expertise.
Our loan officers in Birmingham Alabama provide special financing for dentists, exactly like you.
To start with, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are very profitable clients for financial institutions. 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 far fewer requirements than their competitions.
If you are searching for a dentist mortgage loan in Birmingham Alabama then you came to the perfect place.
You’ve worked 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 only for dentists?
Yup, dentists get their own loan!
A dentist home mortgage is a specialty loan program put together just for dentists in the home purchasing process.
We are aware of the budgetary demands of your student loan financial obligation, and how vital it is to preserve working capital for when the time is right with starting your dental career. Whether or not you are a couple years into practice, or a well established dentist, you can depend on us to find a home loan that is exclusively tailored for your needs.
A large number of dentists in Birmingham Alabama may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or little to no work history.
Despite these reasons smart lenders 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 banks offer this specialized product and within banks that do just simply consulting with the right mortgage loan officer makes a remarkable difference.
Buying a house doesn’t need to drain your savings and the process doesn’t need to drain your time.
What if you have some funds to put down or are thinking about waiting until you have the cash?
Our loan providers 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 home loan paid off earlier and save thousands of dollars on interest too.
Furthermore, don’t forget that having equity in your home will likely provide more security and overall flexibility, particularly if something unplanned happens. With the 100% financed dentist mortgage loan, you ought to 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 up to 10% of the purchase price simply to get out of the home.
Regardless of whether you are moving down the street, across town or across the country, we are right here to work with you all throughout the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Birmingham Alabama dentist home loan program!