Whether or not you are a first time home buyer or buying a new home in Elyria Ohio, our vetted loan officers have a strong understanding of the local area real estate market and what it really takes to close your dentist home mortgage with proficiency and know-how.
Our loan officers in Elyria Ohio provide special financing for dentists, just like you.
First, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are very 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 lock in early career dentists by lending them more money with a fewer number of terms than their competitions.
If you are looking for a dentist mortgage in Elyria Ohio then you came to the right place.
You’ve worked very hard to become a dentist and buying 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 home loan!
A dentist mortgage is a specialized loan program put together just for dentists in the home purchasing process.
We understand the personal financial demands of your student loan financial obligation, 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 depend on us to find a home loan that is specially tailored for your needs.
A lot of dental professionals in Elyria Ohio may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan debt or minimal to no work history.
Despite these factors smart lending institutions know that dentists are a good choice considering that they traditionally have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banking institutions that do simply consulting with the best mortgage officer makes a tremendous difference.
Purchasing a house doesn’t have to empty your savings and the process doesn’t have to drain your time.
Suppose 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 circumstance looks like and the advantages of each too.
In most instances, you’ll get your home loan paid off sooner and save thousands of dollars on interest rates too.
Furthermore, don’t overlook that having equity in your house will likely offer more security and overall flexibility, specifically if something unexpected happens. With the 100% financed dentist mortgage loan, you ought to expect to begin underwater. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially sizable check for as much as 10% of the purchase price simply to get out of the home.
Whether you are relocating down the street, across town or across the country, we are right 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 Elyria Ohio dentist home loan program!