Dentist Home Loan Program Prescott Valley Arizona

Preferred Dentist Loan Officer

Doug Crouse
NMLS# 363861
Mobile: (816) 728-3631
Email: doug.crouse@umb.com
Website: www.DentistLoanExpert.com

Purchase Loans

  • 100% financing up to 750k
  • 95% LTV from 750k – 1.25mil
  • 90% LTV from 1.25 mil to 2 mil
  • Over 2 mil on a case by case basis

Available for Primary & Secondary Residences

  • Professional loan includes: physicians, dentists, attorneys, optometrists, veterinarians, and doctors of pharmacy
  • Available in 47 states
  • No mortgage insurance required
  • 15 and 30 year Fixed Rates available
  • Minimum credit score of 700 required
  • Maximum debt ratios and 3 months reserves apply
  • Close up to 60 days prior to start date with signed contract
  • Student loan payments deferred 12+ months are excluded
  • No limit on years out of training

I began doing mortgages in 1999 and I have done 100’s of mortgage loans for doctor families over the years. Being married to a doctor myself for the past 15 years I have a first hand perspective on the contracts, student loans, and the unique needs and circumstances your family faces.

Get Your Dentist Loan Rates Now by Completing the Form Below.

Regardless if you are a first time home buyer or purchasing a new home in Prescott Valley Arizona, our vetted loan officers have a strong understanding of the local area real estate industry and what it requires to secure your dentist mortgage with efficiency and expertise.

Our loan officers in Prescott Valley Arizona offer exclusive financing for dentists, just like you.

First, let’s discuss why dentist mortgage loans even exist. The main reason is that dentists are extremely 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 lot fewer terms than their competitors.

Dentist Mortgage Experts In Prescott Valley Arizona

If you are trying to find a dentist mortgage in Prescott Valley Arizona then you came to the right place.

You’ve worked very hard to become a dentist and purchasing home shouldn’t 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 specifically for dentists?

Yup, dentists get their own loan!

A dentist mortgage is a specialty loan program created just for dentists in the home purchasing process.

We understand the personal financial demands of your student loan liability, and how crucial 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 rely on us to find a home loan that is exclusively tailored for your needs.

Many dental professionals in Prescott Valley Arizona may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan debt or minimal to no work history.

Despite these factors smart lending institutions know that dentists are a good bet due to the fact that they traditionally have an incredibly 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 speaking to the right home loan officer makes a remarkable difference.

Benefits of Dentist Mortgage Loans

  • Generally does not include student loan regular monthly payments in debt-to-income percentage.
  • Requires very low to no down payment (0-5 percent).
  • Generally does not require private mortgage insurance (PMI), even if lower than 20 percent down payment.
  • Will approve a contract as evidence of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.

Buying a home doesn’t have to drain your savings and the process doesn’t need to drain your time.

Should You Put Money Down?

Suppose you have some cash 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 situation looks like and the advantages of each too.

In most situations, you’ll get your home mortgage paid off sooner and save thousands on interest too.

Additionally, don’t overlook that having equity in your house will offer greater security and overall flexibility, especially if something unplanned happens. With the 100% financed dentist home mortgage loan, you ought to expect 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 sizable check for up to 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 right here to work with you through the dentist home mortgage process:: because you deserve it!

Dentists, get the house of your dreams with our az geo dentist home loan program!