Dentist Mortgage In Urbandale Iowa

Whether our clients are a first time home buyer or buying a new home in Urbandale Iowa, our vetted loan officers have a solid understanding of the local area real estate market and what it takes to secure your dentist home mortgage with efficiency and expertise.

Our loan officers in Urbandale Iowa provide exclusive financing for dentists, like you.

To start with, let’s talk about why dentist mortgage loans even exist. The reason is that dentists are very 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 secure early career dentists by loaning them more money with a lot fewer requirements than their competition.

Dentist Home Mortgage Experts In Urbandale Iowa

If you are trying to find a dentist home loan in Urbandale Iowa then you came to the right place.

You’ve trained very hard to become a dentist and purchasing 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 only for dentists?

Yup, dentists get their own mortgage!

A dentist home mortgage is a special loan program created just for dentists in the home purchasing process.

We understand the personal financial demands of your student loan liability, and how important it is to preserve working capital for when the time is right with starting your dental career. Whether you are a couple years into practice, or a well established dentist, you can count on us to find a home loan that is exclusively tailored for your needs.

Many dentists in Urbandale Iowa may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or very little to no work history.

Despite these reasons smart financial institutions know that dentists are a good bet because they traditionally have an exceptionally low nonpayment rate on loans, high earning potential and stable jobs.

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

Advantages of Dentist Home Mortgage Loans

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

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

Should You Put Cash Down?

Suppose you have some money to put down or are looking at delaying until you have the cash?

Our loan providers can do the math for you and show you what each situation looks like and the benefits of each too.

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

Furthermore, don’t overlook that having equity in your home will likely provide more security and overall flexibility, particularly if something unexpected happens. With the 100% financed dentist home mortgage loan, you ought to anticipate to begin 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.

Regardless of whether you are relocating down the road, across town or across the country, we are here to assist you throughout the dentist home loan process:: because you deserve it!

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