Whether or not you are a first time home buyer or buying a new home in Waukegan Illinois, our vetted loan officers have a solid understanding of the local real estate industry and what it requires to secure your dentist home loan with proficiency and expertise.
Our loan officers in Waukegan Illinois offer specialized financing for dentists, just like you.
First off, let’s discuss why dentist mortgage loans even exist. The reason is that dentists are extremely 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 far fewer stipulations than their competitors.
If you are trying to find a dentist mortgage loan in Waukegan Illinois then you came to the perfect place.
You’ve worked very hard to become a dentist and buying home really should not 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 home loan!
A dentist mortgage is a specialized loan program developed just for dentists in the home purchasing process.
We recognize the financial demands of your student loan financial obligation, and how vital it is to preserve 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 home loan that is specifically tailored for your needs.
Quite a few dental experts in Waukegan Illinois 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 factors smart loan providers know that dentists are a good bet because they historically have an extremely low nonpayment rate on loans, high earning potential and secure jobs.
Not all banks offer this specialized product and within banking institutions that do simply consulting with the right mortgage loan officer makes a remarkable difference.
Buying a home doesn’t need to empty your savings and the process doesn’t have to drain your time.
Suppose you have some funds to put down or are thinking about delaying until you have the money?
Our mortgage lenders can do the math for you and show you what each scenario looks like and the advantages of each too.
In most situations, you’ll get your home loan paid off earlier and save thousands of dollars on interest too.
Furthermore, don’t forget that having equity in your house will definitely provide greater security and overall flexibility, specifically if something unanticipated happens. With the 100% financed dentist mortgage loan, you should expect to start out under water. If something does not work out and you’re forced to sell quickly, you need to be prepared to write a potentially sizable check for as much as 10% of the purchase price simply to get out of the home.
Whether you are moving down the road, across town or across the country, we are available to help you throughout the dentist home loan process:: because you deserve it!
Dentists, get the home of your dreams with our Waukegan Illinois dentist home mortgage program!