I am thinking of purchasing a property at 146K, I can put down at leas 80K , will it be hard to get a

Patrick Connolly
Home Buyer
London, England

mortgage for the rest seeing as we are the UK?

Answers (4)
The Leonardo Te...
Agent
Rancho Mirage, CA

Hi Patrick,

There are special rules for foreign born buyers. Please let me know if you are still interested and i can assist you with further information.
Leonardo

Sat Feb 14 2009, 14:26
Elaine Stewart
Agent
Palm Springs, CA

It should not be a problem, most lenders will do up to 30% down for a foreign national. Please contact me at the website below and I can give you my lenders information.

Wed Jun 4 2008, 10:32
Paul Kaplan
Agent
Palm Springs, CA

You should be okay with 50% down as a foreign national. There are other factors involved as well to determine your qualifications. However, feel free to contact our in house lender, Fred Van Veen, at fvanveen@dc.rr.com and he will be able to help you determine if you will qualify. (You may not have to put that much down, either. If I can be of further assistance, please let me know. We deal with a number of foreign national buyers these days. I have a website that will provide you additional information too. http://www.PaulKaplanRealtor.com
Paul Kaplan
760-285-8559
Pacific Union GMAC Real Estate

Sat May 31 2008, 10:21
Cherie Chassaing
Agent
95945
FIRST ANSWER

Depending on the actual market value of the property when your lease option is up and you apply for a loan, and depending on your credit scores at the time, you shouldn't have any problems getting a mortgage loan. I don't know if it matters that you are from London, England... I'll have to check on that and get back to you.

Sat May 31 2008, 09:47

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