Home Mortgage For Dentists In McKinney 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 McKinney Texas, our vetted loan officers have a strong understanding of the local area real estate market and what it really requires to close your dentist mortgage with proficiency and expertise.

Our loan officers in McKinney Texas offer specialized financing for dentists, just like you.

To start with, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are very profitable clients for financial 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 far fewer requirements than their competitions.

Dentist Home Mortgage Experts In McKinney Texas

If you are trying to find a dentist mortgage in McKinney Texas then you came to the perfect place.

You’ve worked very hard to become a dentist and buying home shouldn’t 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 home loan!

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

We recognize the financial demands of your student loan debt, and how crucial it is to preserve working capital for when the time is right with launching your dental career. Whether or not you are a couple years into practice, or a well established dentist, you can rely on us to find a mortgage loan that is specifically tailored for your needs.

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

Despite these factors smart loan providers know that dentists are a good choice considering that they typically have an incredibly low default rate on loans, high earning potential and secure jobs.

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

Advantages of Dentist Mortgage Loans

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

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

Should You Put Money Down?

Suppose you have some funds to put down or are considering waiting until you have the cash?

Our loan providers can do the math for you and show you what each circumstance looks like and the advantages of each too.

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

Additionally, don’t overlook that having equity in your home will offer more security and flexibility, particularly if something unforeseen happens. With the 100% financed dentist home mortgage loan, you ought to expect to start out under water. If something doesn’t 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 simply to get out of the home.

Whether you are relocating down the road, across town or across the country, we are right 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 McKinney Texas dentist home mortgage program!