Whether or not our clients are a first time home buyer or buying a new home in Florida, our vetted loan officers have a strong understanding of the local real estate market and what it really takes to secure your dentist home mortgage with competency and know-how.
Our loan officers in Florida provide exclusive financing for dentists, just like you.
First off, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are extremely 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 lending them more money with far fewer stipulations than their competitions.
Dentist Home Mortgage Professionals In Florida
If you are trying to find a dentist home loan in Florida then you came to the right place.
You’ve trained very hard to become a dentist and purchasing home really should not 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 just for dentists?
A dentist home mortgage is a customized loan program developed just for dentists in the home purchasing process.
We recognize the personal financial demands of your student loan debt, and how essential it is to preserve working capital for when the time is right with launching your dental career. Whether you are a couple years into practice, or a well established dentist, you can rely on us to find a home loan that is specifically tailored for your needs.
Many dentists in Florida may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or minimal to no work history.
Despite these factors smart lenders know that dentists are a good choice considering that they typically have an extremely low nonpayment rate on loans, high earning potential and secure jobs.
Not all lenders offer this specialized product and within banking institutions that do just simply consulting with the right mortgage loan officer makes a remarkable difference.
Benefits of Dentist Home Mortgage Loans
- Usually does not include student loan monthly payments in debt-to-income percentage.
- Typically requires small to no down payment (0-5 percent).
- Often does not call for private mortgage insurance (PMI), even if lower than 20 percent down payment.
- Generally will approve an agreement as evidence of future earnings, instead of pay stubs or W-2s, that 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?
What if you have some cash to put down or are considering waiting until you have the money?
Our mortgage lenders can do the math for you and show you what each situation looks like and the benefits of each too.
In most circumstances, you’ll get your mortgage loan paid off sooner and save thousands on interest rates too.
Furthermore, don’t overlook that having equity in your home will provide greater security and flexibility, specifically if something unanticipated happens. With the 100% financed dentist home mortgage loan, you should expect to begin underwater. 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 simply to get out of the home.
Regardless of whether you are relocating down the road, across town or across the country, we are right here to lend a hand you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Florida dentist home mortgage program!
Top cities in Florida for a dentist home loan.
Port St. Lucie
West Palm Beach