Home Mortgage For Dentists McAllen Texas

Preferred Dentist Loan Officer

Doug Crouse
NMLS# 363861
Mobile: (816) 728-3631
Email: doug.crouse@umb.com
Website: www.DentistLoanExpert.com

I began doing mortgages in 1999 and I have done 100’s of mortgage loans for doctor families over the years. Being married to a doctor myself for the past 15 years I have a first hand perspective on the contracts, student loans, and the unique needs and circumstances your family faces.

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Regardless if you are a first time home buyer or buying a new home in McAllen Texas, our vetted loan officers have a solid understanding of the local area real estate industry and what it really takes to close your dentist home loan with competency and know-how.

Our loan officers in McAllen Texas 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 really 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 lot fewer requirements than their competitors.

Dentist Mortgage Experts In McAllen Texas

If you are trying to find a dentist mortgage loan in McAllen Texas 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 only for dentists?

Yup, dentists get their own loan!

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

We are aware of the personal financial demands of your student loan financial obligation, and how essential it is to preserve working capital for when the time is right with launching your dental career. No matter 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 exclusively tailored for your needs.

A large number of dental experts in McAllen Texas 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 reasons smart loan providers know that dentists are a good choice considering that they traditionally have an extremely low nonpayment rate on loans, high earning potential and stable jobs.

Not all mortgage lenders offer this specialized product and within banking institutions that do just simply speaking to the right mortgage loan officer makes a tremendous difference.

Benefits of Dentist Mortgage Loans

  • Generally does not include student loan monthly payments in debt-to-income percentage.
  • Requires low to no down payment (0-5 percent).
  • Often does not require private mortgage insurance (PMI), despite the fact that 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.

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

Should You Put Money Down?

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

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 sooner and save thousands of dollars on interest rates too.

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

Regardless of whether you’re relocating down the road, across town or across the country, we are here to work with you all throughout the dentist home mortgage process:: because you deserve it!

Dentists, get the house of your dreams with our McAllen Texas dentist home mortgage program!