Regardless of whether you are a first time home buyer or buying a new home in Tuscaloosa Alabama, our vetted loan officers have a strong understanding of the local real estate industry and what it requires to close your dentist home mortgage with proficiency and expertise.
Our loan officers in Tuscaloosa Alabama provide exclusive financing for dentists, just like you.
First and foremost, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are extremely profitable customers 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 lending them more money with a lot fewer requirements than their competitors.
If you are searching for a dentist mortgage loan in Tuscaloosa Alabama then you came to the perfect place.
You’ve trained very hard to become a dentist and buying 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 just for dentists?
Yup, dentists get their own loan!
A dentist mortgage is a specialty loan program made just for dentists in the home purchasing process.
We understand 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 specifically tailored for your needs.
Many dental experts in Tuscaloosa Alabama may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial debt or very little to no work history.
Despite these reasons smart loan providers know that dentists are a good bet because they historically have an exceptionally low nonpayment rate on loans, high earning potential and secure jobs.
Not all financial institutions offer this specialized product and within banks that do simply consulting with the best mortgage loan officer makes a significant difference.
Purchasing a house doesn’t have to drain your savings and the process doesn’t have to drain your time.
What if you have some funds to put down or are thinking about delaying until you have the cash?
Our loan providers can do the math for you and show you what each circumstance looks like and the advantages of each too.
In most instances, you’ll get your mortgage paid off earlier and save thousands of dollars on interest too.
Furthermore, don’t overlook that having equity in your home will provide more security and overall flexibility, particularly if something unforeseen happens. With the 100% financed dentist mortgage loan, you should anticipate to begin underwater. If something does not work out and you’re forced to sell quickly, you need to be prepared to write a potentially large check for up to 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 lend a hand you through the dentist home loan process:: because you deserve it!
Dentists, get the house of your dreams with our Tuscaloosa Alabama dentist home loan program!