Whether or not you are a first time home buyer or buying a new home in Rockford Illinois, our vetted loan officers have a strong understanding of the local area real estate market and what it takes to secure your dentist mortgage with proficiency and know-how.
Our loan officers in Rockford Illinois provide special financing for dentists, just like you.
First, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are really profitable clients for lenders. 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 stipulations than their competitions.
If you are looking for a dentist mortgage in Rockford Illinois 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 difficult.
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 home loan!
A dentist mortgage is a specialty loan program created just for dentists in the home purchasing process.
We understand the economic demands of your student loan financial debt, and how crucial it is to preserve working capital for when the time is right with launching your dental career. Whether 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.
Many dental professionals in Rockford Illinois may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial debt or minimal to no work history.
Despite these reasons smart lenders know that dentists are a good bet due to the fact that they historically have an extremely low nonpayment rate on loans, high earning potential and stable jobs.
Not all banks offer this specialized product and within banks that do simply speaking to the best mortgage loan officer makes an enormous difference.
Buying a house doesn’t have to empty your savings and the process doesn’t have to drain your time.
What if you have some funds 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 situations, you’ll get your mortgage loan paid off sooner and save thousands of dollars on interest rates too.
Furthermore, don’t overlook that having equity in your house will definitely offer greater security and flexibility, specifically if something unexpected happens. With the 100% financed dentist mortgage loan, you ought to 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 large check for as much as 10% of the purchase price just to get out of the house.
Whether you are moving down the road, across town or across the country, we are available to lend a hand you through the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Rockford Illinois dentist home loan program!