Dentist Home Loan Program In West Allis Wisconsin

Regardless if you are a first time home buyer or purchasing a new home in West Allis Wisconsin, our vetted loan officers have a strong understanding of the local area real estate market and what it really requires to close your dentist home loan with competency and expertise.

Our loan officers in West Allis Wisconsin offer special financing for dentists, exactly like you.

First, let’s talk about why dentist mortgage loans even exist. The main reason is that dentists are really 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 secure early career dentists by lending them more money with fewer requirements than their competition.

Dentist Home Loan Experts In West Allis Wisconsin

If you are trying to find a dentist home loan in West Allis Wisconsin then you came to the perfect place.

You’ve worked very hard to become a dentist and buying 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 home loan!

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

We are aware of the budgetary demands of your student loan financial debt, and how essential it is to maintain working capital for when the time is right with embarking upon 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 specially tailored for your needs.

A large number of dental experts in West Allis Wisconsin 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 factors smart lending institutions know that dentists are a good choice due to the fact that they typically have an extremely low default rate on loans, high earning potential and stable jobs.

Not all banks offer this specialized product and within banking institutions that do simply consulting with the right mortgage loan officer makes a significant difference.

Benefits of Dentist Mortgage Loans

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

Purchasing a home doesn’t have to drain 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 considering delaying until you have the funds?

Our 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 sooner and save thousands on interest too.

Furthermore, don’t forget that having equity in your house will definitely offer more security and overall flexibility, especially if something unforeseen happens. With the 100% financed dentist home mortgage loan, you ought to anticipate to start out 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 up to 10% of the purchase price simply to get out of the house.

Regardless of whether you are relocating down the road, across town or across the country, we are right here to work with you through the dentist home mortgage process:: because you deserve it!

Dentists, get the house of your dreams with our West Allis Wisconsin dentist home mortgage program!