FOREIGN NATIONAL PROGRAM FINANCING FOR NON –US CITIZENS

ARE YOU A CITIZEN OF ANOTHER COUNTRY WHO WANTS TO PURCHASE A HOME IN THE UNITED STATES? WE HAVE A MORTGAGE JUST FOR YOU THAT MAKES HOME FINANCING EASIER, FASTER AND LESS RESTRICTIVE.

HERE ARE THE HIGHLIGHTS AND ADVANTAGES OF OUR FOREIGN NATIONAL LOAN PROGRAM:

1)   Borrow up to $650,000 per property

2)   Fixed rate terms ( 10,15,20,25 &30 )

3)   Adjustable rate s ( 5/1,7/1,10/1 )

4)   New home loans and refinance

5)   No Pre-Payment Penalty

6)   Up to 65% loan-to-value

7)   Second Homes OK

8)   Self employed

**We have what is also called “Delayed Financing” which means if Foreign National purchases a property for all cash they have up to 60 days to finance with us at 55% LTV to basically recoup some of their money.

Foreign National Loans are very hard to find in today’s market.  In fact study shows that more Foreign Nationals will be purchasing in the upcoming years especially if the new Senate Housing Bill goes through (see article below)  

http://thehill.com/blogs/on-the-money/1091-housing/188903-senators-bill-designed-to-attract-foreign- investment-in-the-us-housing-market

Click at the link bellows for examples of documents needed for Self Employed and Credit Reference

http://summitlendings.com/fncreditrefexample.pdf

 http://summitlendings.com/fnincomeexample.pdf