Dentist Home Loan Program In Savannah Georgia

Regardless of whether our clients are a first time home buyer or buying a new home in Savannah Georgia, our vetted loan officers have a solid understanding of the local real estate market and what it really takes to close your dentist home loan with efficiency and expertise.

Our loan officers in Savannah Georgia offer special financing for dentists, exactly like you.

First, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are very 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 a fewer number of stipulations than their competition.

Dentist Home Loan Experts In Savannah Georgia

If you are looking for a dentist mortgage in Savannah Georgia then you came to the right place.

You’ve trained very hard to become a dentist and buying 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 home loan!

A dentist home mortgage is a special loan program put together just for dentists in the home buying process.

We understand the financial demands of your student loan financial debt, and how crucial it is to maintain working capital for when the time is right with starting 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 exclusively tailored for your needs.

A lot of dentists in Savannah Georgia may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or minimal to no work history.

Despite these reasons smart lenders know that dentists are a good choice due to the fact that they generally have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.

Not all mortgage lenders offer this specialized product and within banking institutions that do just simply speaking to the best home loan officer makes a tremendous difference.

Advantages of Dentist Home Mortgage Loans

  • Generally does not include student loan monthly payments in debt-to-income ratio.
  • Requires very low to no down payment (0-5 percent).
  • Generally does not call for private mortgage insurance (PMI), despite the fact that lower than 20 percent down payment.
  • Will accept an agreement as documentation of future earnings, in lieu of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Money Down?

What if you have some funds to put down or are considering waiting until you have the cash?

Our mortgage lenders can do the math for you and show you what each circumstance looks like and the benefits of each too.

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

Additionally, don’t forget that having equity in your home will likely provide greater security and flexibility, especially if something unforeseen happens. With the 100% financed dentist mortgage loan, you ought to anticipate to start out underwater. If something does not work out and you are forced to sell quickly, you should be prepared to write a potentially big check for up to 10% of the purchase price simply to get out of the house.

Whether you’re relocating down the road, across town or across the country, we are right here to work with you all throughout the dentist home loan process:: because you deserve it!

Dentists, get the home of your dreams with our Savannah Georgia dentist home loan program!