I was told that you can only obtain a mortgage from an American bank/Mortgage co. if you are legally working in the USA (must have a valid work visa). The rates are higher for non Citizens of the USA
Yes, Anna, you will find the interest rates slightly higher for foreign buyers today. The percentage difference will vary from company to company so it would be advisable to do some investigation to be certain you are obtaining the best rate.
Additionally, loans to foreign nationals are being made with the expectation of a 30-35% deposit on the subject property.
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Susan & Bill Eckler
Michael Saunders & Company