Foreign National Loans

 

We offer loans for true Foreign Nationals with incredible terms. This loan can be made on a 2nd home or investment property in the US for a resident of another country.  There are many investor options and some require very little documentation to close.  For investment properties, the loan can be qualified using only the cash-flow on the subject property or Debt Service Coverage Ratio (DSCR).

 Loan Features

• Loans of up to 70%-75% of the property value or contract price.
• Loan amounts up to $5,000,000.
• Excellent mortgage rates.
• Fixed Rates, ARM's, and Interest Only options.
• NO US credit required.
• Single Family, Condo, Townhome, Multi-Family and Commercial Loans.
• Purchase, Refinance, and Cash-outs. 

Loan Qualifiers

• Must have valid foreign Passport.
• Must be able to source down payment with current bank statements (overseas bank account is okay).
• Will require 2 months bank statements showing cash to close, any large deposits will have to be sourced.
• Must have foreign, current address.
• Must live and work in another country.
• Income documentation varies by investor and borrower's profession.

 

Please note, even you meet all of these qualifiers you still may not be eligible for financing.  Please call or email to see if you can be approved for this type of loan.

 

CALL US at 888-713-2526 or email at LoanInfo@mymortgageace.com

 

Available in TX, CA, FL and more states to come soon.