Dentist Mortgage In Florence South Carolina

Regardless if you are a first time home buyer or buying a new home in Florence South Carolina, our vetted loan officers have a strong understanding of the local real estate industry and what it really requires to close your dentist mortgage with proficiency and know-how.

Our loan officers in Florence South Carolina provide specialized financing for dentists, like you.

First off, let’s talk about 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 secure early career dentists by loaning them more money with a fewer number of requirements than their competitors.

Dentist Home Loan Experts In Florence South Carolina

If you are trying to find a dentist mortgage in Florence South Carolina then you came to the right place.

You’ve trained very hard to become a dentist and buying 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 home loan!

A dentist home mortgage is a specialized loan program made just for dentists in the home purchasing process.

We are aware of the budgetary demands of your student loan liability, and how vital it is to maintain working capital for when the time is right with embarking upon 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 specifically tailored for your needs.

Many dental professionals in Florence South Carolina may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or minimal to no work history.

Despite these reasons smart financial institutions know that dentists are a good bet considering that they typically have an incredibly low default rate on loans, high earning potential and stable jobs.

Not all mortgage lenders offer this specialized product and within banks that do simply talking with the right mortgage officer makes an enormous difference.

Advantages of Dentist Home Mortgage Loans

  • Typically does not include student loan monthly payments in debt-to-income percentage.
  • Requires low to no down payment (0-5 percent).
  • Typically does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Will accept an agreement as evidence of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

Buying a house doesn’t have to empty your savings and the process doesn’t have to drain your time.

Should You Put Cash Down?

Suppose you have some cash to put down or are considering waiting until you have the money?

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

In most cases, you’ll get your home loan paid off earlier and save thousands on interest too.

Furthermore, don’t overlook that having equity in your home will most likely provide greater security and overall flexibility, specifically if something unanticipated happens. With the 100% financed dentist home mortgage loan, you should anticipate to begin under water. 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 road, across town or across the country, we are right here to help you through the dentist home loan process:: because you deserve it!

Dentists, get the home of your dreams with our Florence South Carolina dentist home loan program!