Dentist Home Loan Tennessee

Regardless of whether you are a first time home buyer or buying a new home in Tennessee, our vetted loan officers have a solid understanding of the local area real estate industry and what it really requires to close your dentist mortgage with proficiency and know-how.

Our loan officers in Tennessee provide special financing for dentists, just like you.

To start with, let’s discuss why dentist mortgage loans even exist. The main 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 loaning them more money with a fewer number of stipulations than their competitors.

Dentist Home Mortgage Experts In Tennessee

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

You’ve trained very hard to become a dentist and buying home shouldn’t 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 loan!

A dentist home loan is a specialized 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 crucial it is to preserve working capital for when the time is right with launching your dental career. Whether or not you are a couple years into practice, or a well established dentist, you can count on us to find a mortgage loan that is specifically tailored for your needs.

Many dental professionals in Tennessee may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan debt or very little to no work history.

Despite these factors smart financial institutions know that dentists are a good bet because they generally have an extremely low nonpayment rate on loans, high earning potential and secure jobs.

Not all mortgage lenders offer this specialized product and within banking institutions that do just simply talking to the right mortgage loan officer makes an enormous difference.

Advantages of Dentist Mortgage Loans

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

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

Should You Put Cash Down?

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 scenario looks like and the benefits of each too.

In most instances, you’ll get your home loan paid off earlier and save thousands on interest too.

Furthermore, don’t overlook that having equity in your house will likely offer greater security and flexibility, especially if something unanticipated happens. With the 100% financed dentist home mortgage loan, you should anticipate to begin underwater. If something does not work out and you are forced to sell quickly, you need to be prepared to write a potentially large check for as much as 10% of the purchase price just to get out of the home.

Regardless of whether you’re moving down the road, across town or across the country, we are right here to lend a hand you throughout the dentist home loan process:: because you deserve it!

Dentists, get the house of your dreams with our Tennessee dentist home mortgage program!

Top cities in Tennessee for a dentist home loan.

Bartlett
Brentwood
Chattanooga
Clarksville
Cleveland
Collierville
Franklin
Germantown
Hendersonville
Jackson
Johnson City
Kingsport
Knoxville
Memphis
Murfreesboro
Nashville
Smyrna