Regardless of whether you are a first time home buyer or buying a new home in Chicago Illinois, our vetted loan officers have a solid understanding of the local area real estate industry and what it takes to secure your dentist home loan with efficiency and expertise.
Our loan officers in Chicago Illinois offer special financing for dentists, like you.
First off, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are really profitable customers 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 loaning them more money with far fewer stipulations than their competitions.
If you are trying to find a dentist mortgage in Chicago Illinois then you came to the perfect 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 loan!
A dentist home mortgage is a specialized loan program developed just for dentists in the home buying process.
We recognize the personal financial demands of your student loan financial debt, 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 rely on us to find a home loan that is specifically tailored for your needs.
A lot of dental professionals in Chicago Illinois may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or very little to no work history.
Despite these reasons smart lending institutions know that dentists are a good bet because they historically have an extremely low default rate on loans, high earning potential and stable jobs.
Not all financial institutions offer this specialized product and within banks that do just simply speaking to the right mortgage officer makes an enormous difference.
Buying a home doesn’t have to empty your savings and the process doesn’t have to drain your time.
What if you have some funds to put down or are thinking about waiting until you have the cash?
Our mortgage lenders can do the math for you and show you what each scenario looks like and the benefits of each too.
In most instances, you’ll get your home mortgage paid off earlier and save thousands of dollars on interest rates too.
Furthermore, don’t overlook that having equity in your house will likely provide more security and flexibility, specifically if something unanticipated happens. With the 100% financed dentist mortgage loan, you ought to expect to start out underwater. If something doesn’t work out and you’re forced to sell quickly, you should be prepared to write a potentially large check for as much as 10% of the purchase price just to get out of the house.
No matter if you are moving down the street, across town or across the country, we are here to help you through the dentist home mortgage process:: because you deserve it!
Dentists, get the house of your dreams with our Chicago Illinois dentist home mortgage program!