Financing in 89123>Question Details

Shawn Sugend…, Home Buyer in Las Vegas, NV

I am a Singapore Citizen who is looking to buy a property in Summerlin Las Vegas. I want to know what kind of financing is available for me ?

Asked by Shawn Sugendran, Las Vegas, NV Mon Mar 25, 2013

Please advise on whether a reserve is required and if yes how much. My budget is between 300,000 to 400,000USD. Cheers

2 votes Share Flag Financing in 89123

Help the community by answering this question:


This post is from 6 months ago. Hopefully, the original poster found their answers by now.

If you have not found a property and are still looking then let me help.

If you would like to start your free buyer's search click this link:

I hope to do business with you in the future.

Angela Adams
The Adams Team at
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1 vote Thank Flag Link Thu Sep 12, 2013
Since I posted my answer 6 months ago we have switch our website around so some of the links may not work. If you are looking for the most up to date thoughts on the Las Vegas market I would recommend reading this article as the Las Vegas market is about to change:…

If you would like ot discuss the market further or if you have any other questions I can help with please let me know! I look forward to hearing from you!

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Robert Adams
The Adams Team at
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1 vote Thank Flag Link Thu Sep 12, 2013
Financing for foreign investors is few an far between but no impossible. However, Las Vegas is in a hot seller's market and you will have a much better chance of getting your offer accepted if you can purchase the homes cash and then refi afterwards.

Las Vegas has VERY low inventory and VERY high demand right now. In this HOT seller's market you need to come in with clean, strong offers. If you can find pocket listings (listings that agents have that have not yet been listed on the ML) then you can get offers in before the bidding wars, often times equaling a better purchase price for you the buyer. Inventory is remaining very low (below the 5,000 mark). Deals are getting harder and harder to lock down. You can read a thread about the competitiveness of the current market here:

If you want to hear about the possible softening of the market then read this link:

With that being said, if you find a property that you want to purchase, it is important that you write up a clean, strong offer. Here are some tips to getting you offer(s) Accepted:

If you would like my team and I to represent you in purchasing your next home please send us what type of home you are looking for by filling out our Buyer's Form. If you need Sell your home please fill out our Seller's Form.

We hope this is informative and we thank you for your business!

Best Regards,
Robert Adams
1 vote Thank Flag Link Thu Mar 28, 2013
We are direct lenders and have a loan program for foreign nationals.
Please call me to discuss.

Ila Kripalani
Branch Manager
Citywide Home Loans
871 Coronado Center Drive, Ste 200,
Henderson, NV 89052
(702) 749-1502 office
(702) 355-2126 mobile
(702) 749-1503 fax
NMLS # 372379
NV MLD #49852
Corporate NMLS #67180
0 votes Thank Flag Link Mon Jan 20, 2014
Hi Shawn,
Great to hear that you are still looking to purchase in Summerlin, Las Vegas and still looking for financing. Please contact my lender Kathryn Stevenson listed below and she will be happy to prequalify you for a loan.

Stephanie Chee
Century 21 Aadvantage Gold
Las Vegas, NV 89107
(702) 214-1400

Kathryn Stevenson
Sr. Loan Officer
Evergreen Home Loans
nv mld#3130/nmls#118699
8945 W Russell Rd # 210
Las Vegas, Nevada 89148
Ph: (702) 496-7635 cellular
Ph: (702) 269-4368 office direct
e-fax: (877) 732-6044
0 votes Thank Flag Link Sun Jan 5, 2014
Yes! We offer foreign national loans. Depending on your situation, your down payment will be between 20-35%.

Let's discuss your loan scenario in more detail. Contact me at 800 315 8803, or 702 562 7915, or email me at My name is Bart and I have been in the mortgage business since 1987. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario.

Bart Gabe

800 315 8803 or 702 562 7915

NMLS# 20743 - my licensing information - link to look up my license number
0 votes Thank Flag Link Sat Jan 4, 2014
Not sure if this is an active thread. But for anyone else I've sold quite a few homes for nationals from people that reside in China the people that reside in Canada. Anyone is always happy to contact me. And I'll get you in touch with a loan officer that has experience in this field.
0 votes Thank Flag Link Thu Jan 2, 2014
Hello Shawn,

There is a world of opportunity available to you.

Your post was in March 2013 and I'm hoping you found your Summerlin property.
If so, congratulations!!

Should you still be searching, you'll need a great lender to help you wade through the loan process.
The down payment rules are different and the interest rate will be impacted as well.

Feel free to reach out and I'll connect you to a handful of lenders that can help you with this.
0 votes Thank Flag Link Wed Oct 16, 2013
In my experience, foreign buyers are usually not afforded financing through the US funding institutions. As a result, the foreign buyers that I have worked with have all dealt in cash. Good luck with your home search in Summerlin Las Vegas and do keep me in mind once financing arrangements have been firmed up. I would be glad to help you find a nice home in our city.

S. Stephanie Chee
Century 21 Aadvantage Gold
Las Vegas, NV 89107
(702) 214-1400
0 votes Thank Flag Link Tue Oct 15, 2013
Foreign National Loans

Borrowers using TIN Okay
Borrowers with NO CREDIT SCORE
Borrowers with NO SSN
Foreign Nationals {Expatriate}- NO PASSPORT {Must have valid work visa or 30% Down}
70% LTV Purchases
65% LTV Rate & Term Refinance
50% LTV Cash Out {Possible higher if financials are up to par}
Multiple properties OKAY
Corporation purchasing and refinancing OKAY

Richard- El Bey
Avarice Investments
(706) 399-7813 cell
(678) 752-8062 Office
0 votes Thank Flag Link Mon Oct 14, 2013
This is hilarious not one real answer to the question - just: "call me so I can sell you what i have" as "answers" ... that's NOT what this is designed for!

These guys are supposedly helping foreign nationals:

Christopher Wyatt | Mortgage Consultant | RBC Bank (USA) | T. 407-244-6002 | F. 775-429-7554 | C. 407-739-2265 (Canadian bank in the US that does Foreign National Financing)

Rafael Perez, CMP, Certified Mortgage Planner
Direct 888.928.0112 x3128 | fax 877.411.1563

Ray Blindauer, CLA, CMPS
Mortgage Services Professionals
An Affiliate of Wells Fargo Home Mortgage
Phone: 415-577-1856
0 votes Thank Flag Link Thu Sep 12, 2013
Hello Shawn,
I do lending for Foreign Nationals. Call me today, or click the link to apply online. I would be more than happy to walk you through the process. I look forward to hearing from you.…

Thank you for choosing City First Mortgage Services,

Nathan T. Kessler | Sr. Mortgage Loan Originator
City First Mortgage Services
8871 W Flamingo Rd Suite 202
Las Vegas, NV 89147
(C) 702.683.3126 | (F) 702.974.0848 | (O) 702-522-6743
Company NMLS # 3117 | Branch NMLS # 819501
Individual NMLS # 377217 NV #46175
0 votes Thank Flag Link Mon Jul 29, 2013
Hi Shawn,

Yes there there is available financing for non-resident purchasing vacation/second homes in the U.S.A. Best way to buy is for cash. There are some steps by law that you have to follow and buying with cash that should not be a problem. In that budget that you stated,you should not have a problem to find suitable home for you.
During my career I've worked in Singapore in '90s. Call me or email me and I can give you more info about that and also as a Realtor I can help you in choosing right home for you.


Rado Cvijin
Platinum Real Estate Professionals
0 votes Thank Flag Link Mon Mar 25, 2013
Great I can be reached at
Flag Tue Mar 26, 2013
I think financing may be difficult. I will do more research and see what I can find. Summerlin is a great area . are you here in Las Vegas or are you in Singapore ? I would love to set up a personal search page for you. I just need your criteria.This will allow you see what is available in the Las Vegas market. Another service that our team provides is property video. My partner can video most homes. It is a great advantage for you to be able to do a video walk through of that potential purchase from Whereever you are located. Do you use Skype? I would be happy to answer any of your questions .
Thank You
Suzie Marquardt
0 votes Thank Flag Link Mon Mar 25, 2013
Shawn: If you have no entity & no Social Security number it will probably be difficult to get financing. I work closely with an Attorney who can set you up with an LLC or other Entity & that might get you the financing you are looking for. Additionally, the more cash you have down the better the chances of a lender giving you consideration. There are lenders who deal with "Foreign Nationals" & I can introduce you to those folks.
0 votes Thank Flag Link Mon Mar 25, 2013
This sounds interesting ! I can be reached at
Flag Tue Mar 26, 2013
My wife and I specialize in helping foriegn buyers and investors. We have a few ways tong here to help you. We can to resale home or new homes with traditional loan with 25 to 30% down and interest rates from 3.5 to 4% roughly. We cam also help you with Owner Will Carry transaction with minimum of 10% down but interest is higher from 5 to 6%. we have helped hundreds of buyers and we've lived here in Vegas since 1976. We would appreciate speaking with you about your needs. Thank you, Matthew D'Ercole 702.501.0973
0 votes Thank Flag Link Mon Mar 25, 2013
I can be reached at
Flag Tue Mar 26, 2013
Hi Shawn,

At this price point there are plenty of resells and new contstruction.

I can be reached at 702.274.4430.

Thank you,
Allan Herman
ALL Vegas Valley Realty
0 votes Thank Flag Link Mon Mar 25, 2013
Hi Shawn,

90% of my business is International buyers and I work with a mortgage lender that provides finnancing for non-resident purchasing vacation/second home in the U.S.A.

It requires minimum down payment of 30% and six months mortgage monthly mortgage payments reserve. The interest rates are low and current market. Great terms 25 years loans with very very low closing fees.

One stop shop that offers AAA+ service that includes a team of professionals and certified: Appraisers, attorneys, building inspectors, property management,title/escrow companies,insurance agencies, Certified Tax advisors (CPA), translators, Contractors/small repairs and more.

Please contact me at 702-612-7099 or email me at
To search for all the current homes for sael in Las vegas and Summerlin, please visit

Rena Levy
Certified International Property Specialist
702-612-7099 Direct
Realty Executives Intentional
Web Reference:
0 votes Thank Flag Link Mon Mar 25, 2013
I can be reached at
Flag Tue Mar 26, 2013
I know a few contacts. Please call me for details.


James Bellile
iProperties International
0 votes Thank Flag Link Mon Mar 25, 2013
There are some programs and each lender has different guidelines. Feel free to get in touch with me.
Thank you!
0 votes Thank Flag Link Mon Mar 25, 2013
Hi Allan, that sounds great. My email is
Flag Mon Mar 25, 2013
There are only a few programs for foreign nationals. I think mostly, though, that as hard as it is to get these programs that you would be better off paying cash for the property, if you can.
0 votes Thank Flag Link Mon Mar 25, 2013
Hi Myra,

Thanks for the quick reply. Is there a reason why you would recommend paying in cash instead ? Also is it an advantage in negotiations to pay cash ?
Flag Mon Mar 25, 2013
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