Whether or not our clients are a first time home buyer or buying a new home in Owensboro Kentucky, our vetted loan officers have a solid understanding of the local area real estate market and what it requires to secure your dentist home loan with competency and expertise.
Our loan officers in Owensboro Kentucky provide specialized financing for dentists, just like you.
First and foremost, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are really profitable clients for lending 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 a fewer number of stipulations than their competitions.
If you are looking for a dentist mortgage in Owensboro Kentucky then you came to the right place.
You’ve trained very hard to become a dentist and buying home really 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 only for dentists?
Yup, dentists get their own loan!
A dentist mortgage is a specialty loan program put together just for dentists in the home purchasing process.
We recognize the budgetary demands of your student loan liability, and how vital it is to maintain working capital for when the time is right with starting 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.
A lot of dentists in Owensboro Kentucky 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 factors smart loan providers know that dentists are a good choice considering that they typically have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.
Not all lenders offer this specialized product and within banking institutions that do simply talking to the right mortgage officer makes an enormous difference.
Buying a home doesn’t have to empty your savings and the process doesn’t need to drain your time.
What if you have some money to put down or are considering delaying 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 situations, you’ll get your home mortgage paid off sooner and save thousands on interest too.
Furthermore, don’t forget that having equity in your home will definitely provide more security and flexibility, especially if something unplanned happens. With the 100% financed dentist mortgage loan, you should anticipate to start out under water. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially large check for as much as 10% of the purchase price just to get out of the home.
Whether you are moving down the road, across town or across the country, we are available to work with you throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Owensboro Kentucky dentist home mortgage program!