Whether you are a first time home buyer or purchasing a new home in Rochester Minnesota, our vetted loan officers have a strong understanding of the local real estate market and what it requires to secure your dentist home mortgage with proficiency and expertise.
Our loan officers in Rochester Minnesota provide specialized financing for dentists, just like you.
First and foremost, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are really 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 a lot fewer terms than their competitions.
If you are searching for a dentist home loan in Rochester Minnesota then you came to the perfect place.
You’ve worked very hard to become a dentist and buying 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 home loan!
A dentist mortgage is a specialty loan program designed just for dentists in the home buying process.
We are aware of the economic demands of your student loan liability, and how crucial it is to maintain working capital for when the time is right with embarking upon your dental career. Whether or not you are a couple years into practice, or a well established dentist, you can depend on us to find a mortgage loan that is specially tailored for your needs.
Many dental experts in Rochester Minnesota may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or little to no work history.
Despite these factors smart lending institutions know that dentists are a good choice because they typically have an exceptionally low default rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banks that do simply consulting with the right mortgage loan officer makes an enormous difference.
Buying a house doesn’t have to empty your savings and the process doesn’t need to drain your time.
Suppose you have some cash to put down or are looking at delaying until you have the cash?
Our lenders can do the math for you and show you what each circumstance looks like and the benefits of each too.
In most cases, you’ll get your mortgage loan paid off sooner and save thousands of dollars on interest too.
Additionally, don’t forget that having equity in your home will definitely offer greater security and overall flexibility, particularly if something unplanned happens. With the 100% financed dentist home mortgage loan, you should anticipate to begin under water. If something doesn’t work out and you are forced to sell quickly, you need to be prepared to write a potentially sizable check for as much as 10% of the purchase price just to get out of the house.
Whether you are moving down the street, across town or across the country, we are available to work with you all throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Rochester Minnesota dentist home mortgage program!