Dentist Home Loan Program In Kenner Louisiana

Whether you are a first time home buyer or buying a new home in Kenner Louisiana, 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 proficiency and expertise.

Our loan officers in Kenner Louisiana offer specialized financing for dentists, just like you.

First and foremost, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are really profitable clients 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 lot fewer terms than their competition.

Dentist Mortgage Experts In Kenner Louisiana

If you are trying to find a dentist mortgage loan in Kenner Louisiana then you came to the perfect place.

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

Yup, dentists get their own mortgage!

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

We recognize the budgetary demands of your student loan liability, and how important it is to maintain working capital for when the time is right with starting 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 specifically tailored for your needs.

Many dentists in Kenner Louisiana may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or little to no work history.

Despite these factors smart financial institutions know that dentists are a good bet because they traditionally have an extremely low default rate on loans, high earning potential and stable jobs.

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

Advantages of Dentist Home Mortgage Loans

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

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

Should You Put Cash Down?

What if you have some funds to put down or are thinking about waiting until you have the cash?

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

In most instances, you’ll get your mortgage paid off sooner and save thousands on interest rates too.

Furthermore, don’t overlook that having equity in your home will offer greater security and overall flexibility, particularly if something unforeseen happens. With the 100% financed dentist mortgage loan, you ought to expect to begin underwater. 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 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 here to work with you all throughout the dentist home loan process:: because you deserve it!

Dentists, get the home of your dreams with our Kenner Louisiana dentist home mortgage program!