Whether or not our clients are a first time home buyer or purchasing a new home in Chapel Hill North Carolina, our vetted loan officers have a strong understanding of the local real estate industry and what it really requires to close your dentist home mortgage with efficiency and expertise.
Our loan officers in Chapel Hill North Carolina offer specialized financing for dentists, exactly like you.
First off, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are really 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 lock in early career dentists by loaning them more money with fewer stipulations than their competitions.
If you are trying to find a dentist mortgage in Chapel Hill North Carolina then you came to the right place.
You’ve trained very hard to become a dentist and purchasing 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 specifically for dentists?
Yup, dentists get their own home loan!
A dentist mortgage is a specialized loan program created just for dentists in the home purchasing process.
We are aware of the financial demands of your student loan financial obligation, and how vital it is to maintain working capital for when the time is right with launching 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 home loan that is specifically tailored for your needs.
A large number of dental professionals in Chapel Hill North Carolina may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan debt or very little to no work history.
Despite these reasons smart lending institutions know that dentists are a good choice considering that they historically have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.
Not all mortgage lenders offer this specialized product and within banks that do just simply talking with the right mortgage loan officer makes an enormous difference.
Purchasing a house doesn’t have to drain your savings and the process doesn’t have to drain your time.
Suppose you have some money to put down or are thinking about delaying until you have the cash?
Our lenders can do the math for you and show you what each circumstance looks like and the advantages of each too.
In most cases, you’ll get your home loan paid off sooner and save thousands of dollars on interest too.
Additionally, don’t overlook that having equity in your house will likely offer more security and flexibility, especially if something unexpected happens. With the 100% financed dentist mortgage loan, you ought to anticipate to start out underwater. If something doesn’t 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 just to get out of the house.
Regardless of whether you are relocating down the street, across town or across the country, we are right here to lend a hand you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Chapel Hill North Carolina dentist home mortgage program!