Whether or not our clients are a first time home buyer or purchasing a new home in Portsmouth Virginia, our vetted loan officers have a strong understanding of the local real estate industry and what it really takes to close your dentist home loan with proficiency and know-how.
Our loan officers in Portsmouth Virginia provide specialized financing for dentists, exactly like you.
First off, let’s talk about 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 lending them more money with fewer requirements than their competitions.
If you are searching for a dentist mortgage in Portsmouth Virginia then you came to the perfect 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 mortgage!
A dentist mortgage is a customized loan program put together just for dentists in the home buying process.
We recognize the budgetary demands of your student loan financial obligation, and how important it is to preserve working capital for when the time is right with launching your dental career. No matter 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 lot of dental professionals in Portsmouth Virginia may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or very little to no work history.
Despite these factors smart lenders know that dentists are a good choice due to the fact that they traditionally have an extremely low default rate on loans, high earning potential and stable jobs.
Not all mortgage lenders offer this specialized product and within banks that do just simply speaking to the right home loan officer makes a significant difference.
Purchasing a home doesn’t need to empty your savings and the process doesn’t have to drain your time.
Suppose you have some cash to put down or are considering delaying until you have the money?
Our lenders can do the math for you and show you what each situation looks like and the benefits of each too.
In most cases, you’ll get your mortgage paid off sooner and save thousands of dollars on interest rates too.
Furthermore, don’t forget that having equity in your house will likely offer more security and overall flexibility, particularly if something unforeseen happens. With the 100% financed dentist home mortgage loan, you should anticipate to start out under water. If something does not work out and you’re forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price just to get out of the home.
Regardless of whether you are moving down the street, across town or across the country, we are right here to help you throughout the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Portsmouth Virginia dentist home loan program!