Regardless if you are a first time home buyer or buying a new home in Chattanooga Tennessee, our vetted loan officers have a strong understanding of the local real estate industry and what it really takes to secure your dentist mortgage with efficiency and expertise.
Our loan officers in Chattanooga Tennessee provide specialized financing for dentists, 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 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 lending them more money with fewer terms than their competitors.
If you are trying to find a dentist mortgage in Chattanooga Tennessee then you came to the right place.
You’ve trained very hard to become a dentist and purchasing 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 loan!
A dentist mortgage is a specialty loan program designed just for dentists in the home buying process.
We are aware of the budgetary demands of your student loan debt, and how crucial it is to maintain working capital for when the time is right with embarking upon your dental career. Whether or not you are a couple years into practice, or a well established dentist, you can rely on us to find a home loan that is specifically tailored for your needs.
A large number of dentists in Chattanooga Tennessee may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or little to no work history.
Despite these factors smart loan providers know that dentists are a good choice considering that they generally have an incredibly low nonpayment rate on loans, high earning potential and stable jobs.
Not all lenders offer this specialized product and within banks that do simply consulting with the right mortgage officer makes a tremendous difference.
Purchasing a house doesn’t have to drain your savings and the process doesn’t have to drain your time.
What if you have some funds to put down or are looking at waiting until you have the money?
Our lenders can do the math for you and show you what each scenario looks like and the benefits of each too.
In most cases, you’ll get your mortgage paid off sooner and save thousands of dollars on interest too.
Additionally, don’t overlook that having equity in your house will definitely provide greater security and flexibility, especially if something unexpected happens. With the 100% financed dentist home mortgage loan, you should anticipate to begin under water. If something does not work out and you’re 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’re moving down the road, across town or across the country, we are here to assist you throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Chattanooga Tennessee dentist home loan program!