Dentist Home Loan New Jersey

Regardless if you are a first time home buyer or buying a new home in New Jersey, our vetted loan officers have a strong understanding of the local real estate industry and what it takes to secure your dentist home mortgage with efficiency and expertise.

Our loan officers in New Jersey offer exclusive financing for dentists, just like you.

First and foremost, let’s discuss why dentist mortgage loans even exist. The 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 lending them more money with fewer stipulations than their competition.

Dentist Home Loan Experts In New Jersey

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

You’ve worked very hard to become a dentist and buying home 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 specifically for dentists?

Yup, dentists get their own home loan!

A dentist home loan is a special loan program developed just for dentists in the home purchasing process.

We are aware of the personal financial demands of your student loan debt, and how crucial it is to preserve 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 count on us to find a mortgage loan that is specially tailored for your needs.

A lot of dental experts in New Jersey may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or little to no work history.

Despite these reasons smart lenders know that dentists are a good bet due to the fact that they historically have an extremely low default rate on loans, high earning potential and secure jobs.

Not all financial institutions offer this specialized product and within banks that do just simply speaking with the best home loan officer makes a remarkable difference.

Advantages of Dentist Mortgage Loans

  • Typically does not include student loan monthly payments in debt-to-income percentage.
  • Usually requires very low to no down payment (0-5 percent).
  • Often does not call for private mortgage insurance (PMI), even when lower than 20 percent down payment.
  • Generally will accept an agreement as evidence of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.

Buying a house doesn’t need to empty your savings and the process doesn’t have to drain your time.

Should You Put Cash Down?

Suppose you have some funds to put down or are considering delaying until you have the money?

Our loan providers can do the math for you and show you what each circumstance looks like and the benefits of each too.

In most instances, you’ll get your mortgage paid off earlier and save thousands on interest rates too.

Additionally, don’t overlook that having equity in your home will definitely provide more security and flexibility, specifically if something unforeseen happens. With the 100% financed dentist home mortgage loan, you ought to anticipate to begin underwater. If something does not 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 are moving down the street, across town or across the country, we are available to assist you all throughout the dentist home mortgage process:: because you deserve it!

Dentists, get the house of your dreams with our New Jersey dentist home loan program!

Top cities in New Jersey for a dentist home loan.

Atlantic City
Bayonne
Camden
Clifton
East Orange
Elizabeth
Hackensack
Hoboken
Jersey City
Kearny
Linden
New Brunswick
Newark
Passaic
Paterson
Perth Amboy
Plainfield
Sayreville
Trenton
Union City
Vineland
West New York