Dentist Home Loan Program In Louisville Kentucky

Whether our clients are a first time home buyer or purchasing a new home in Louisville Kentucky, our vetted loan officers have a solid understanding of the local real estate industry and what it really takes to secure your dentist home loan with competency and know-how.

Our loan officers in Louisville Kentucky offer special financing for dentists, just like you.

First, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are extremely 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 a fewer number of terms than their competition.

Dentist Home Loan Experts In Louisville Kentucky

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

You’ve trained very hard to become a dentist and buying 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 only for dentists?

Yup, dentists get their own mortgage!

A dentist home loan is a customized loan program put together just for dentists in the home buying process.

We are aware of the budgetary demands of your student loan liability, 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 rely on us to find a home loan that is specially tailored for your needs.

Many dentists in Louisville Kentucky 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 financial institutions know that dentists are a good choice because they typically have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.

Not all financial institutions offer this specialized product and within banking institutions that do just simply talking with the right mortgage loan officer makes an enormous difference.

Benefits of Dentist Home Mortgage Loans

  • Generally does not include student loan monthly payments in debt-to-income percentage.
  • Requires low to no down payment (0-5 percent).
  • Usually does not require private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Will approve a contract as documentation of future earnings, instead of pay stubs or W-2s, that don’t yet exist.

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

Should You Put Cash Down?

Suppose you have some money 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 scenario looks like and the benefits of each too.

In most circumstances, you’ll get your mortgage paid off sooner and save thousands of dollars on interest too.

Furthermore, don’t forget that having equity in your house will definitely offer more security and overall flexibility, especially if something unplanned happens. With the 100% financed dentist mortgage loan, you ought to expect to start out underwater. If something does not work out and you are forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price simply to get out of the home.

Whether you are moving down the road, across town or across the country, we are right here to lend a hand you through the dentist home mortgage process:: because you deserve it!

Dentists, get the home of your dreams with our Louisville Kentucky dentist home loan program!