Hector R. Gastelum
Realty Executives Dillon
2240 Otay Lakes Rd. #306
Chula Vista, Ca 91913
My advice to you is to listen to your current lender. You are not going to find many lenders offering a lower down payment or lower interest rate to a non-resident with a limited credit and work history.
The mortgage crisis has reduced your financing options to what you have been quoted as most all portfolio lenders who used to cater to foreign nationals like yourself are no longer in business.
You are are doing the right thing by buying up SoCal real estate as you see we have hit the bottom of this real estate cycle and although the recovery will still have ups and downs, they are minor compared to the upside potential to make some great investments.
Good luck and keep investing in America!