Whether you are a first time home buyer or buying a new home in Plainfield New Jersey, our vetted loan officers have a strong understanding of the local real estate industry and what it requires to secure your dentist home loan with competency and expertise.
Our loan officers in Plainfield New Jersey provide special financing for dentists, just like you.
To start with, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are extremely profitable customers for financial institutions. 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 loaning them more money with fewer requirements than their competitions.
If you are looking for a dentist mortgage loan in Plainfield New Jersey 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 only for dentists?
Yup, dentists get their own mortgage!
A dentist home mortgage is a specialized loan program designed just for dentists in the home buying process.
We recognize the personal financial 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. Regardless if 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 large number of dental professionals in Plainfield New Jersey 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 factors smart lending institutions know that dentists are a good choice due to the fact that they historically have an extremely low default rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banking institutions that do simply speaking with the best mortgage officer makes a significant difference.
Purchasing a home doesn’t have to empty your savings and the process doesn’t need to drain your time.
What if you have some cash to put down or are considering waiting until you have the money?
Our loan providers 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 home mortgage paid off earlier and save thousands of dollars on interest rates too.
Additionally, don’t forget that having equity in your house will most likely offer more security and flexibility, particularly if something unforeseen happens. With the 100% financed dentist home mortgage loan, you ought to anticipate to start out underwater. 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 as much as 10% of the purchase price just to get out of the house.
No matter if you are relocating down the street, across town or across the country, we are available to work with you all throughout the dentist home mortgage process:: because you deserve it!
Dentists, get the house of your dreams with our Plainfield New Jersey dentist home loan program!