Home Mortgage For Dentists Middletown Connecticut

Whether you are a first time home buyer or buying a new home in Middletown Connecticut, our vetted loan officers have a strong understanding of the local area real estate market and what it really takes to close your dentist home loan with efficiency and know-how.

Our loan officers in Middletown Connecticut provide special financing for dentists, like you.

First and foremost, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are really profitable customers 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 loaning them more money with a fewer number of terms than their competitors.

Dentist Home Loan Experts In Middletown Connecticut

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

You’ve trained 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 home loan!

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

We recognize the personal financial demands of your student loan debt, and how important it is to preserve working capital for when the time is right with embarking upon your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can count on us to find a mortgage loan that is specifically tailored for your needs.

A lot of dental experts in Middletown Connecticut may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or minimal to no work history.

Despite these reasons smart financial institutions know that dentists are a good choice due to the fact that they traditionally have an incredibly low default rate on loans, high earning potential and stable 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 Mortgage Loans

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

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

Should You Put Cash Down?

Suppose you have some money to put down or are looking at delaying until you have the money?

Our loan providers can do the math for you and show you what each circumstance 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 rates too.

Furthermore, don’t overlook that having equity in your home will definitely provide greater security and overall flexibility, particularly if something unexpected happens. With the 100% financed dentist home mortgage loan, you ought to expect to begin underwater. If something doesn’t work out and you are forced to sell quickly, you need to be prepared to write a potentially sizable check for up to 10% of the purchase price simply to get out of the house.

Regardless of whether you are relocating down the street, across town or across the country, we are available to help you throughout the dentist home loan process:: because you deserve it!

Dentists, get the home of your dreams with our Middletown Connecticut dentist home mortgage program!