Dentist Home Loan Moreno Valley California

Whether you are a first time home buyer or purchasing a new home in Moreno Valley California, our vetted loan officers have a strong understanding of the local real estate industry and what it really requires to close your dentist home mortgage with competency and expertise.

Our loan officers in Moreno Valley California provide special financing for dentists, just like you.

First, let’s discuss 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 loaning them more money with far fewer terms than their competition.

Dentist Mortgage Experts In Moreno Valley California

If you are trying to find a dentist home loan in Moreno Valley California then you came to the right place.

You’ve trained very hard to become a dentist and buying 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 home loan!

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

We understand the financial demands of your student loan liability, and how important it is to preserve working capital for when the time is right with launching your dental career. Whether you are a couple years into practice, or a well established dentist, you can depend on us to find a home loan that is specifically tailored for your needs.

A lot of dental experts in Moreno Valley California 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 factors smart financial institutions know that dentists are a good bet considering that they typically have an extremely low nonpayment rate on loans, high earning potential and secure jobs.

Not all banks offer this specialized product and within banks that do just simply consulting with the best home loan officer makes a tremendous difference.

Advantages of Dentist Home Mortgage Loans

  • Usually does not include student loan monthly payments in debt-to-income percentage.
  • Requires low to no down payment (0-5 percent).
  • Generally does not call for 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, that don’t yet exist.

Buying a home doesn’t have to drain 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 thinking about waiting 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 circumstances, you’ll get your mortgage paid off earlier and save thousands of dollars on interest rates too.

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

Whether you are relocating down the road, across town or across the country, we are right here to help you through the dentist home mortgage process:: because you deserve it!

Dentists, get the home of your dreams with our Moreno Valley California dentist home loan program!