Im from the UK and looking to take advantage of the low prices during the crunch. Can i get a 95% mortgage?

Gary
Home Buyer
Kissimmee, FL

being a non national ? thanks gary

Answers (4)
Phil Moody
Agent
Jacksonville, FL

Gary,

If you do not live here, do not have a green card or work visa, the answer is no!

I spoke with my inhouse mortgage person. You need 65% down but you can get a mortgage. Condos that are bank owned can be had for less $60,000. USD. With the Euro increasing in value vs dollar, it's still a great value if you have the down payment!!!

Good luck,

Phil Moody
phillip.moody@PrudentialNetworkRealty.com

Thu Jun 25 2009, 10:33
Arif
Agent
Folsom, CA

If You Don't have Legal-status in usa,Than Answer is NO....You cannot have Mortgage !!!

Wed Jun 24 2009, 22:08
Carlos German
Agent
Central Florida, Orl...

I second that, the short answer is certainly no. You may want to explore other avenues like getting a home equity loan overseas if you’re currently an owner with equity, or getting a stock loan if you currently have stocks in a qualifying country.

Both of those options would make you a cash buyer and may allow you to get a better deal.

Best Regards and Good Luck!

---
Carlos German
When in doubt, talk to a Realtor who understands your goals.
Am I that person for you? There's only one way to find out…
Contact me today! 407 744 7190 or http://www.rebycarlos.com

Web Reference: http://rebycarlos.com
Wed Jun 24 2009, 19:11
Joshua A. Leret...
Mortgage Broker
or Lender

Saint Petersburg, FL
FIRST ANSWER

So you do not live here now? If you do not live here and do not have a green card or work visa or anything like that...simple answer is no, sorry. Foreign National borrowers need a minimum of 25% down.

Joshua A. Lerette - The Tampa Bay Mortgage Pro
727-488-7355
josh@thetbmortgagepro.com

Wed Jun 24 2009, 18:44

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