Dentist Mortgage In Bossier City Louisiana

Whether you are a first time home buyer or purchasing a new home in Bossier City Louisiana, our vetted loan officers have a strong understanding of the local area real estate industry and what it really requires to secure your dentist home mortgage with competency and know-how.

Our loan officers in Bossier City Louisiana provide exclusive financing for dentists, like you.

First, let’s talk about why dentist mortgage loans even exist. The 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 a fewer number of requirements than their competition.

Dentist Home Mortgage Experts In Bossier City Louisiana

If you are searching for a dentist mortgage loan in Bossier City Louisiana then you came to the right place.

You’ve trained very hard to become a dentist and buying home 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 mortgage!

A dentist home loan is a customized loan program put together just for dentists in the home buying process.

We are aware of the financial demands of your student loan debt, and how vital it is to preserve working capital for when the time is right with starting your dental career. Whether you are a couple years into practice, or a well established dentist, you can depend on us to find a home loan that is specially tailored for your needs.

A lot of dentists in Bossier City Louisiana may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or very little to no work history.

Despite these reasons smart lending institutions know that dentists are a good choice due to the fact that they generally have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.

Not all lenders offer this specialized product and within banking institutions that do simply speaking with the right home loan officer makes an enormous difference.

Benefits of Dentist Mortgage Loans

  • Typically does not include student loan regular monthly payments in debt-to-income percentage.
  • Requires low to no down payment (0-5 percent).
  • Typically does not necessitate private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Will accept an agreement as documentation of future earnings, instead of pay stubs or W-2s, that don’t yet exist.

Buying a house doesn’t need to empty your savings and the process doesn’t need to drain your time.

Should You Put Money Down?

Suppose you have some funds to put down or are thinking about delaying until you have the money?

Our mortgage 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 on interest rates too.

Additionally, don’t forget that having equity in your house will likely provide more security and overall flexibility, particularly if something unexpected happens. With the 100% financed dentist mortgage loan, you should anticipate to begin under water. If something doesn’t 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 home.

Whether you are relocating down the street, across town or across the country, we are available to work with you all throughout the dentist home mortgage process:: because you deserve it!

Dentists, get the house of your dreams with our Bossier City Louisiana dentist home loan program!