Dentist Home Loan Program In Eau Claire Wisconsin

Regardless of whether you are a first time home buyer or purchasing a new home in Eau Claire Wisconsin, our vetted loan officers have a solid understanding of the local area real estate industry and what it really requires to close your dentist mortgage with proficiency and know-how.

Our loan officers in Eau Claire Wisconsin offer specialized financing for dentists, just like you.

To start with, let’s discuss why dentist mortgage loans even exist. The main 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 secure early career dentists by loaning them more money with fewer terms than their competitors.

Dentist Home Mortgage Experts In Eau Claire Wisconsin

If you are looking for a dentist mortgage in Eau Claire Wisconsin then you came to the perfect place.

You’ve worked 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 specifically for dentists?

Yup, dentists get their own home loan!

A dentist home mortgage is a special loan program created just for dentists in the home buying process.

We recognize the financial demands of your student loan financial debt, and how essential it is to preserve 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 count on us to find a home loan that is specifically tailored for your needs.

Quite a few dental experts in Eau Claire Wisconsin 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 reasons smart financial institutions know that dentists are a good bet due to the fact that they historically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.

Not all mortgage lenders offer this specialized product and within banking institutions that do just simply speaking to the best mortgage loan officer makes an enormous difference.

Benefits of Dentist Home Mortgage Loans

  • Generally does not include student loan regular monthly payments in debt-to-income percentage.
  • Requires small to no down payment (0-5 percent).
  • Often does not require private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Will accept a contract as evidence of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

Buying a home doesn’t have to drain your savings and the process doesn’t need to drain your time.

Should You Put Cash Down?

What if you have some cash to put down or are considering delaying until you have the money?

Our mortgage lenders can do the math for you and show you what each circumstance looks like and the benefits of each too.

In most circumstances, you’ll get your mortgage loan paid off sooner and save thousands of dollars on interest rates too.

Additionally, don’t forget that having equity in your house will likely provide more security and flexibility, specifically if something unplanned happens. With the 100% financed dentist mortgage loan, you should expect to start out under water. If something does not work out and you are forced to sell quickly, you should be prepared to write a potentially sizable check for up to 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 lend a hand you all throughout the dentist home mortgage process:: because you deserve it!

Dentists, get the house of your dreams with our Eau Claire Wisconsin dentist home mortgage program!