Dentist Home Loan Virginia

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

Our loan officers in Virginia provide exclusive financing for dentists, just like you.

To start with, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are extremely 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 lending them more money with a fewer number of stipulations than their competitors.

Dentist Home Mortgage Professionals In Virginia

If you are trying to find a dentist mortgage in Virginia then you came to the perfect place.

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

Yup, dentists get their own home loan!

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

We are aware of the personal financial demands of your student loan liability, and how important 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 exclusively tailored for your needs.

A lot of dental experts in Virginia may not qualify for conventional loans for various reasons such as minimal savings for a down payment, large student loan financial obligation or little to no work history.

Despite these reasons smart loan providers know that dentists are a good choice because they generally have an extremely low default rate on loans, high earning potential and secure jobs.

Not all financial institutions offer this specialized product and within banks that do simply talking with the right home loan officer makes an enormous difference.

Benefits of Dentist Mortgage Loans

  • Typically does not include student loan monthly payments in debt-to-income ratio.
  • Generally requires low to no down payment (0-5 percent).
  • Usually does not call for private mortgage insurance (PMI), even if lower than 20 percent down payment.
  • Generally will accept an agreement as evidence of future earnings, instead of pay stubs or W-2s, which don’t yet exist.

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

Should You Put Money Down?

What if you have some funds 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 circumstances, you’ll get your home mortgage paid off sooner and save thousands on interest rates too.

Additionally, don’t overlook that having equity in your home will definitely provide greater security and overall flexibility, specifically if something unplanned happens. With the 100% financed dentist mortgage loan, you should expect to start out underwater. If something doesn’t work out and you’re forced to sell quickly, you need to be prepared to write a potentially big check for up to 10% of the purchase price simply to get out of the house.

No matter if you’re relocating down the street, 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 house of your dreams with our Virginia dentist home loan program!

Top cities in Virginia for a dentist home loan.

Alexandria
Blacksburg
Charlottesville
Chesapeake
Danville
Hampton
Harrisonburg
Leesburg
Lynchburg
Manassas
Newport News
Norfolk
Portsmouth
Richmond
Roanoke
Suffolk
Virginia Beach