Regardless if our clients are a first time home buyer or purchasing a new home in Mishawaka Indiana, our vetted loan officers have a solid understanding of the local real estate market and what it requires to secure your dentist home mortgage with proficiency and expertise.
Our loan officers in Mishawaka Indiana provide specialized financing for dentists, exactly like you.
First off, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are extremely 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 fewer stipulations than their competitions.
If you are searching for a dentist home loan in Mishawaka Indiana then you came to the right place.
You’ve worked very hard to become a dentist and purchasing 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 loan!
A dentist mortgage is a customized loan program put together just for dentists in the home buying process.
We understand the economic demands of your student loan liability, and how essential it is to preserve working capital for when the time is right with embarking upon your dental career. Whether you are a couple years into practice, or a well established dentist, you can count on us to find a home loan that is specifically tailored for your needs.
Many dental experts in Mishawaka Indiana may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or minimal to no work history.
Despite these reasons smart loan providers know that dentists are a good bet because they traditionally have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.
Not all lenders offer this specialized product and within banking institutions that do just simply talking with the right home loan officer makes a tremendous difference.
Purchasing a house doesn’t have to drain your savings and the process doesn’t need to drain your time.
What if you have some money to put down or are looking at delaying until you have the cash?
Our lenders can do the math for you and show you what each situation looks like and the advantages of each too.
In most instances, you’ll get your home mortgage paid off sooner and save thousands of dollars on interest rates too.
Additionally, don’t overlook that having equity in your home will definitely offer more security and overall flexibility, specifically if something unanticipated happens. With the 100% financed dentist mortgage loan, you should anticipate to begin underwater. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially sizable check for as much as 10% of the purchase price simply to get out of the house.
Regardless of whether you’re moving down the street, across town or across the country, we are available to lend a hand you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Mishawaka Indiana dentist home mortgage program!