Whether or not you are a first time home buyer or buying a new home in Minnetonka Minnesota, our vetted loan officers have a solid understanding of the local area real estate industry and what it takes to secure your dentist home loan with efficiency and expertise.
Our loan officers in Minnetonka Minnesota offer specialized financing for dentists, exactly like you.
First and foremost, let’s discuss why dentist mortgage loans even exist. The main 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 lending them more money with far fewer requirements than their competitors.
If you are trying to find a dentist mortgage in Minnetonka Minnesota 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 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 loan!
A dentist mortgage is a customized loan program designed 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 maintain 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 depend on us to find a home loan that is specially tailored for your needs.
A lot of dentists in Minnetonka Minnesota may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan debt or very little to no work history.
Despite these reasons smart loan providers know that dentists are a good choice due to the fact that they generally have an extremely 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 to the right home loan officer makes a significant difference.
Buying a house doesn’t have to drain your savings and the process doesn’t have to drain your time.
Suppose you have some cash to put down or are looking at delaying 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 mortgage loan paid off earlier and save thousands of dollars on interest rates too.
Additionally, don’t overlook that having equity in your house will definitely provide more security and flexibility, particularly if something unexpected happens. With the 100% financed dentist mortgage loan, you should expect to start out underwater. If something does not work out and you’re forced to sell quickly, you need to be prepared to write a potentially big check for as much as 10% of the purchase price just to get out of the house.
Whether you’re relocating down the road, across town or across the country, we are available to lend a hand you all throughout the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Minnetonka Minnesota dentist home loan program!