Regardless of whether our clients are a first time home buyer or buying a new home in Westland Michigan, our vetted loan officers have a strong understanding of the local real estate market and what it requires to secure your dentist mortgage with efficiency and know-how.
Our loan officers in Westland Michigan provide exclusive financing for dentists, just like you.
First off, 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 lock in early career dentists by lending them more money with far fewer terms than their competitions.
If you are searching for a dentist mortgage loan in Westland Michigan then you came to the right place.
You’ve worked very hard to become a dentist and purchasing home really 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 mortgage is a specialty loan program made just for dentists in the home buying process.
We are aware of the financial demands of your student loan debt, and how vital it is to preserve working capital for when the time is right with launching your dental career. Regardless if you are a couple years into practice, or a well established dentist, you can rely on us to find a home loan that is specifically tailored for your needs.
Many dentists in Westland Michigan may not qualify for conventional loans for various reasons such as minimal savings for a down payment, big student loan financial obligation or little to no work history.
Despite these reasons smart financial institutions know that dentists are a good choice considering that they historically have an exceptionally low default rate on loans, high earning potential and stable jobs.
Not all mortgage lenders offer this specialized product and within banking institutions that do simply talking with the right home loan officer makes a significant difference.
Purchasing a home doesn’t have to empty your savings and the process doesn’t need to drain your time.
What if you have some funds to put down or are looking at 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 mortgage paid off sooner and save thousands on interest too.
Additionally, don’t overlook that having equity in your house will definitely provide more security and flexibility, particularly if something unexpected happens. With the 100% financed dentist mortgage loan, you should expect to begin underwater. If something does not work out and you are 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 home.
Regardless of whether you’re moving down the road, across town or across the country, we are here to lend a hand you throughout the dentist home mortgage process:: because you deserve it!
Dentists, get the home of your dreams with our Westland Michigan dentist home mortgage program!