Whether or not our clients are a first time home buyer or purchasing a new home in Mount Vernon New York, our vetted loan officers have a strong understanding of the local area real estate industry and what it requires to close your dentist home loan with efficiency and know-how.
Our loan officers in Mount Vernon New York offer specialized financing for dentists, like you.
First and foremost, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are very profitable clients for lenders. 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 a fewer number of requirements than their competitions.
If you are searching for a dentist mortgage in Mount Vernon New York then you came to the right place.
You’ve worked 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 specifically for dentists?
Yup, dentists get their own loan!
A dentist home mortgage is a specialty loan program put together just for dentists in the home purchasing process.
We understand the economic demands of your student loan liability, and how important it is to maintain working capital for when the time is right with starting your dental career. Regardless if 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.
Quite a few dental experts in Mount Vernon New York 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 bet due to the fact that they generally have an incredibly 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 an enormous difference.
Buying a house doesn’t have to empty your savings and the process doesn’t have to drain your time.
What if you have some money to put down or are thinking about delaying until you have the funds?
Our lenders can do the math for you and show you what each situation looks like and the advantages of each too.
In most cases, you’ll get your mortgage loan paid off sooner and save thousands of dollars on interest too.
Additionally, don’t forget that having equity in your home will likely offer greater security and overall flexibility, particularly if something unplanned happens. With the 100% financed dentist home mortgage loan, you should anticipate to begin under water. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially large check for up to 10% of the purchase price simply to get out of the house.
Regardless of whether you are relocating down the road, 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 house of your dreams with our Mount Vernon New York dentist home mortgage program!