Whether or not our clients are a first time home buyer or buying a new home in Eden Prairie Minnesota, our vetted loan officers have a strong understanding of the local area real estate market and what it requires to close your dentist home mortgage with efficiency and know-how.
Our loan officers in Eden Prairie Minnesota offer special financing for dentists, exactly like you.
First, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are very 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 a fewer number of terms than their competitions.
If you are searching for a dentist mortgage loan in Eden Prairie Minnesota then you came to the right place.
You’ve trained very hard to become a dentist and purchasing home should not 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 specifically for dentists?
Yup, dentists get their own loan!
A dentist home mortgage is a specialty loan program made just for dentists in the home buying process.
We recognize the personal financial demands of your student loan debt, 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 rely on us to find a mortgage loan that is specifically tailored for your needs.
Quite a few dental experts in Eden Prairie Minnesota 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 factors smart lending institutions know that dentists are a good bet because they traditionally have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all financial institutions offer this specialized product and within banks that do simply consulting with the best mortgage officer makes an enormous difference.
Buying a house doesn’t need to empty your savings and the process doesn’t need to drain your time.
What if you have some cash to put down or are considering delaying until you have the cash?
Our loan providers can do the math for you and show you what each scenario looks like and the advantages of each too.
In most cases, you’ll get your home mortgage paid off earlier and save thousands on interest too.
Additionally, don’t overlook that having equity in your house will likely offer greater security and overall flexibility, specifically if something unforeseen happens. With the 100% financed dentist home mortgage loan, you ought to anticipate 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 big check for up to 10% of the purchase price simply to get out of the home.
Regardless of whether you’re relocating down the street, across town or across the country, we are right here to work with you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Eden Prairie Minnesota dentist home loan program!