Dentist Home Loan Indiana

Whether our clients are a first time home buyer or purchasing a new home in Indiana, our vetted loan officers have a solid understanding of the local area real estate market and what it really requires to secure your dentist home loan with proficiency and know-how.

Our loan officers in Indiana provide specialized financing for dentists, like you.

To start with, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are very profitable clients for lenders. 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 lending them more money with far fewer requirements than their competition.

Dentist Home Mortgage Experts In Indiana

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

You’ve worked very hard to become a dentist and purchasing home really 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 just for dentists?

Yup, dentists get their own home loan!

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

We understand 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 embarking upon your dental career. Whether or not you are a couple years into practice, or a well established dentist, you can depend on us to find a mortgage loan that is exclusively tailored for your needs.

A lot of dentists in Indiana may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or minimal to no work history.

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

Not all financial institutions offer this specialized product and within banks that do simply consulting with the best mortgage loan officer makes a tremendous difference.

Advantages of Dentist Mortgage Loans

  • Usually does not include student loan monthly payments in debt-to-income ratio.
  • Usually requires small to no down payment (0-5 percent).
  • Typically does not necessitate private mortgage insurance (PMI), even if lower than 20 percent down payment.
  • Typically will approve a contract as evidence of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Cash Down?

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

Our loan providers 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 mortgage loan paid off earlier and save thousands of dollars on interest too.

Furthermore, don’t overlook that having equity in your house will most likely offer greater security and overall flexibility, specifically if something unforeseen happens. With the 100% financed dentist home mortgage loan, you should expect to begin under water. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially large check for up to 10% of the purchase price just to get out of the home.

Regardless of whether you are moving down the road, across town or across the country, we are here to lend a hand you throughout the dentist home loan process:: because you deserve it!

Dentists, get the house of your dreams with our Indiana dentist home loan program!

Top cities in Indiana for a dentist home loan.

Anderson
Bloomington
Carmel
Columbus
Elkhart
Evansville
Fishers
Fort Wayne
Gary
Greenwood
Hammond
Indianapolis
Jeffersonville
Kokomo
Lafayette
Lawrence
Mishawaka
Muncie
Noblesville
South Bend
Terre Haute