Home Buying in 10028>Question Details

Richard Bois…,  in New York, NY

Other than HSBC, is there any other mortgage companies or banks offering overseas investors loans for apartments in Manhattan?

Asked by Richard Boisvert, New York, NY Thu Oct 17, 2013

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Answers

13
Richard- El Bey’s answer
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
thegocp@gmail.com
0 votes Thank Flag Link Mon Nov 11, 2013
Hello Richard,
We have an in house Mortgage banking alliance as well as a myriad of wonderful banking relationships I can introduce you too that our domestic and international clients are quite pleased with. Please email me for details. Lc@fhirny,com
0 votes Thank Flag Link Thu Mar 12, 2015
It is possible but we would have to review a couple of items first. The first question would be how much are you looking to put down?
0 votes Thank Flag Link Fri Feb 6, 2015
Hello Richard,
Absolutely! I can get you in touch with a few amazing mortgage brokers that quite a few of my international clients have been extremely happy with. Please email me for details.
0 votes Thank Flag Link Thu Feb 5, 2015
Watch out the guy named Ricard - EI Bey.
He is a fraud. He cannot get you any loan at all. What he does is cheat your money for appraisal which he will never done. Once if he got the money, he will not answer your phone or email anymore. You can search at Georgia License website, he does not have license at all. Just a fraud.
0 votes Thank Flag Link Wed Feb 4, 2015
I have a lender relationship for second homes in NY. For investment properties I believe it is only HSBC. My contact information is given below if you like to discuss.

Thanks

Sanjeev Ahuja, NMLS #148731
Mortgage Broker
Home Funding LLC
110 Jericho Turnpike Ste 214
Floral Park, NY 11001
Direct Phone 917-517-2552
NYS Registered Mortgage Broker, Dept of Financial Services, Loans arranged through third parties (NMLS # 885573)
0 votes Thank Flag Link Sat Jan 18, 2014
At TOWN Residential Fifth Avenue, we have built an amazing strategic partnership with our individual account Reps below. Please feel free to reach out to them directly:

Robyn Stern or Marc Sokobin
(Loans Managers)
Bank of America Home Loans
50 Rockefeller Plaza, 11th Floor
New York, NY 10020
646-556-2720
marc.sokobin@bankofamerica.com

I hope this info is useful to you.

Best,

-Les
0 votes Thank Flag Link Fri Jan 17, 2014
Citi offers mortgages to clients with Citi bank accounts held at least for 2 Months.

East West Bank offers 60%
Wells Fargo has some programs, as well
0 votes Thank Flag Link Wed Oct 23, 2013
Richard,

Wells Fargo will do it but with limitations. If someone lives over seas and wants a second home here they can. But if it’s a straight investment property it is still only HSBC.

Best,
Warner M. Lewis
Associate Broker Ι Producers Council Ι Platinum & Gold & Silver Circles

The Harkov Lewis Team, Halstead Property
T 212-381-6590 C 917-592-6880 F 646-775-6590 831 Broadway, NYC, 10003
wlewis@halstead.com Ι Bio, Press, & Exclusive Listings

“The Highest Compliment is Your Referral.”
0 votes Thank Flag Link Tue Oct 22, 2013
Hi Richard,
As to your question yes there is ,I have contacts in private banks and public banks who can help you. If your interested in moving forward call me.

Hector De La Cruz
Realtor Associate NY and NJ
Nest Seekers INTERNATIONAL
Manhattan • LIC • Brooklyn • Miami • Hamptons • International
415 Madison Avenue
Ny, Ny 10017
O + 212.252.8772
C + 973.986.3903
F + 212.252.9347
0 votes Thank Flag Link Mon Oct 21, 2013
Good Afternoon Richard:

As a portfolio lender, one of the strengths of Quontic Bank is Foreign National Loans in the NYC area. The following is a snap-shot of what we will do:

* Loan amounts up to $5,000,000
* No Social Security #, Green Card, or Visa is required
* No FICO Score is required - we will accept foreign credit reports or alternate credit to prove eligibility
* Valid Passport and a 2nd acceptable form of ID is required
* We will lend up to 60% LTV (40% Down payment)
* Up to 70% LTV ($1 million limity) if borrower is Permanent Resident Alien (green card) or Non-Permanent Resident (Visa)

I am a very experienced mortgage professional in the NYC market and have originated and closed over $500 million in real estate finance transactions. Quontic Bank is a strong Jumbo loan portfolio lender specializing in Condo, Co-op, and 2-4 Family townhouses throughout the NYC area. We utilize a Common Sense underwriting approach. If a deal makes sense, we find a way to get it done at a very competitive rate!!! Call me for more details.

SHAWN CARSON
SENIOR LOAN OFFICER

(718) 215-4069 direct
(718) 218-4382 mobile
scarson@quonticbank.com (email)
NMLS ID# 1098281
31-05 broadway astoria ny 11106
Follow me on Twitter: @ShawnLCarson
https://twitter.com/ShawnLCarson
0 votes Thank Flag Link Mon Oct 21, 2013
I have used Congress Capital Group for foreign nationals financing in the past, they usually fund 50%-65%.
http://www.congresscapitalgroup.com
0 votes Thank Flag Link Fri Oct 18, 2013
Please contact me. My name is Dennis and I can be reached at 212-714-1027 ext 12. Thank you and good luck.
0 votes Thank Flag Link Thu Oct 17, 2013
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