We are a national direct lender based out of Columbus, OH but my office is hear locally in Tampa, FL. I would be happy to discuss our Foreign National program with you further but here are some basic guidelines.
â€¢Foreign Nationals Only (a non-U.S. Citizen with a valid passport and valid visa)
â€¢Loan amounts: $100k â€“ $650k
â€¢Fixed rate terms (10, 15, 20, 25, 30 & 30 year I/O)
â€¢Adjustable rates (5/1, 7/1, 10/1 & 10/1 I/O)
â€¢Purchase and Refinance rate and term (not available for cash out)
â€¢No pre-payment penalties
â€¢Up to 65% loan-to-value financing on Purchase (Max 55% LTV on Refinances)
â€¢Eligible properties include single-family homes, condos and townhouses
â€¢Occupancy includes owner occupied and second homes
â€¢All loans must establish an ACH debit for mortgage payments from a U.S. bank
â€¢No previous bankruptcies or foreclosures permitted
â€¢Borrowers who are politically exposed are ineligible. All involved entities must be cleared through the OFAC SND list
Please feel free to contact me if you have any other client needs.
Joshua A. Lerette - Sr. Loan Officer
Residential Finance Corp.
NMLS ID 331906
~ Investors allowed to finance up to 20 properties!
~ Non-warrantable condo loans!
~ Credit score enhancement programs
~ Foreign National Loans
~ Expanded Debt to Income Programs( up to 58%)
~ No Mortgage Insurance Loans
~ USDA, FHA,VA, 203k Streamlines, Jumbo and Super Jumbos
~ HARP specialists ( ANY Lender, including MI )
2450 Maitland Center Parkway, Suite 202
Maitland, Florida 32751
Apply On-line: http://www.newpennfinancial.com/cbarcia