Home Mortgage For Dentists In Modesto California

Whether our clients are a first time home buyer or purchasing a new home in Modesto California, our vetted loan officers have a solid understanding of the local area real estate market and what it takes to secure your dentist home mortgage with competency and expertise.

Our loan officers in Modesto California provide exclusive financing for dentists, like you.

To start with, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are really 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 secure early career dentists by lending them more money with fewer terms than their competition.

Dentist Home Loan Experts In Modesto California

If you are searching for a dentist home loan in Modesto California then you came to the right place.

You’ve trained very hard to become a dentist and purchasing 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 mortgage!

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

We understand the budgetary demands of your student loan financial debt, and how essential it is to maintain 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 home loan that is specifically tailored for your needs.

Many dental professionals in Modesto California may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or minimal to no work history.

Despite these factors smart lending institutions know that dentists are a good choice because they traditionally have an extremely low default rate on loans, high earning potential and secure jobs.

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

Benefits of Dentist Mortgage Loans

  • Typically does not include student loan regular monthly payments in debt-to-income ratio.
  • Requires low to no down payment (0-5 percent).
  • Often does not necessitate private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Will accept a contract as proof of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Cash Down?

Suppose you have some funds to put down or are looking at waiting until you have the funds?

Our lenders can do the math for you and show you what each scenario looks like and the benefits of each too.

In most circumstances, you’ll get your mortgage paid off sooner and save thousands on interest too.

Furthermore, don’t overlook that having equity in your house will provide more security and flexibility, especially if something unanticipated happens. With the 100% financed dentist home mortgage loan, you ought to expect to begin underwater. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price just to get out of the home.

Regardless of whether you’re moving down the road, across town or across the country, we are available to lend a hand you through the dentist home loan process:: because you deserve it!

Dentists, get the home of your dreams with our Modesto California dentist home mortgage program!