Whether you are a first time home buyer or buying a new home in East Orange New Jersey, our vetted loan officers have a strong understanding of the local area real estate industry and what it takes to close your dentist home mortgage with proficiency and know-how.
Our loan officers in East Orange New Jersey offer special financing for dentists, exactly like you.
First and foremost, let’s discuss why dentist mortgage loans even exist. The 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 loaning them more money with far fewer requirements than their competitors.
If you are trying to find a dentist mortgage loan in East Orange New Jersey then you came to the right place.
You’ve trained very hard to become a dentist and purchasing home shouldn’t 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 just 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 purchasing process.
We recognize the personal financial demands of your student loan financial debt, and how important it is to preserve working capital for when the time is right with embarking upon your dental career. Whether you are a couple years into practice, or a well established dentist, you can count on us to find a mortgage loan that is specially tailored for your needs.
Quite a few dental experts in East Orange New Jersey may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or little to no work history.
Despite these factors smart lending institutions know that dentists are a good choice considering that they traditionally have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.
Not all financial institutions offer this specialized product and within banking institutions that do simply speaking to the right mortgage officer makes a significant difference.
Buying a house doesn’t have to drain your savings and the process doesn’t have to drain your time.
What if you have some money to put down or are looking at waiting until you have the funds?
Our loan providers 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 home loan paid off sooner and save thousands on interest rates too.
Furthermore, don’t overlook that having equity in your house will likely provide more security and overall flexibility, specifically if something unanticipated happens. With the 100% financed dentist home mortgage loan, you ought to expect to start out under water. If something does not 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 simply to get out of the home.
No matter if you are relocating down the road, across town or across the country, we are here to work with you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our East Orange New Jersey dentist home loan program!