Whether or not you are a first time home buyer or buying a new home in Peabody Massachusetts, our vetted loan officers have a strong understanding of the local real estate market and what it takes to close your dentist home mortgage with competency and expertise.
Our loan officers in Peabody Massachusetts provide exclusive financing for dentists, exactly like you.
First off, let’s discuss why dentist mortgage loans even exist. The main 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 loaning them more money with a fewer number of terms than their competitions.
If you are looking for a dentist mortgage in Peabody Massachusetts then you came to the right place.
You’ve trained very hard to become a dentist and purchasing 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 just for dentists?
Yup, dentists get their own loan!
A dentist home mortgage is a customized loan program designed just for dentists in the home buying process.
We understand the personal financial demands of your student loan debt, and how vital it is to maintain working capital for when the time is right with launching your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can depend on us to find a home loan that is exclusively tailored for your needs.
A large number of dentists in Peabody Massachusetts may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or very little to no work history.
Despite these reasons smart lenders 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 mortgage lenders offer this specialized product and within banking institutions that do simply consulting with the best mortgage officer makes an enormous difference.
Purchasing a home doesn’t need to drain 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 money?
Our mortgage lenders can do the math for you and show you what each situation looks like and the benefits of each too.
In most instances, you’ll get your home loan paid off sooner and save thousands of dollars on interest rates too.
Additionally, don’t forget that having equity in your house will offer more security and overall flexibility, specifically if something unexpected happens. With the 100% financed dentist home mortgage loan, you should anticipate to start out underwater. 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 simply to get out of the house.
No matter if you are relocating down the road, across town or across the country, we are available to lend a hand you throughout the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Peabody Massachusetts dentist home mortgage program!