Whether our clients are a first time home buyer or buying a new home in Bloomington Illinois, our vetted loan officers have a solid understanding of the local real estate industry and what it really takes to secure your dentist home mortgage with efficiency and know-how.
Our loan officers in Bloomington Illinois offer specialized financing for dentists, just like you.
First off, let’s talk about why dentist mortgage loans even exist. The main 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 far fewer requirements than their competitions.
If you are trying to find a dentist mortgage in Bloomington Illinois then you came to the right place.
You’ve worked 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 specifically for dentists?
Yup, dentists get their own home loan!
A dentist home loan is a special loan program developed just for dentists in the home buying process.
We understand the personal financial demands of your student loan financial obligation, and how essential it is to maintain working capital for when the time is right with launching your dental career. No matter 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 exclusively tailored for your needs.
A lot of dental professionals in Bloomington Illinois may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or very little to no work history.
Despite these factors smart financial institutions know that dentists are a good choice due to the fact that they generally have an extremely low nonpayment rate on loans, high earning potential and secure jobs.
Not all banks offer this specialized product and within banking institutions that do simply speaking with the best home loan officer makes a significant difference.
Buying a house doesn’t have to empty your savings and the process doesn’t need to drain your time.
Suppose 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 home loan paid off earlier and save thousands of dollars on interest too.
Additionally, don’t overlook that having equity in your home will most likely provide more security and flexibility, especially if something unplanned happens. With the 100% financed dentist mortgage loan, you should anticipate to begin under water. If something does not work out and you are forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price just to get out of the house.
Whether you are relocating down the street, across town or across the country, we are here to help you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Bloomington Illinois dentist home mortgage program!