Whether you are a first time home buyer or buying a new home in Palatine Illinois, our vetted loan officers have a strong understanding of the local area real estate industry and what it really requires to secure your dentist mortgage with proficiency and expertise.
Our loan officers in Palatine Illinois offer exclusive financing for dentists, just like you.
First off, let’s discuss why dentist mortgage loans even exist. The main 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 secure early career dentists by lending them more money with fewer requirements than their competitions.
If you are trying to find a dentist mortgage in Palatine Illinois then you came to the right place.
You’ve worked very hard to become a dentist and purchasing home really 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 just for dentists?
Yup, dentists get their own mortgage!
A dentist mortgage is a specialty loan program made just for dentists in the home buying process.
We understand the economic demands of your student loan liability, and how crucial it is to preserve 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 depend on us to find a mortgage loan that is exclusively tailored for your needs.
Many dentists in Palatine Illinois may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or minimal to no work history.
Despite these factors smart financial institutions know that dentists are a good choice due to the fact that they typically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banking institutions that do simply talking to the best mortgage loan officer makes a significant 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 cash to put down or are thinking about waiting until you have the money?
Our mortgage lenders can do the math for you and show you what each scenario 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.
Furthermore, don’t overlook that having equity in your home will definitely provide greater security and flexibility, specifically if something unexpected happens. With the 100% financed dentist mortgage loan, you should anticipate to start out under water. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially big check for as much as 10% of the purchase price just to get out of the house.
Whether you’re moving down the street, 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 Palatine Illinois dentist home mortgage program!