However, the difficult arises with establishing â€˜credit historyâ€™. Assuming you have neither US nor Canadian credit history, you will need to fully document past credit and begin to establish a US credit profile.
Beyond generalities, in these cases the details become tremendously important, and there are indeed a number of things you can do before leaving your home country to make the process both easier and faster once you emigrate to the US.
That said, among other reasons, as you are moving to a new country it is likely best for you to rent when you first arrive in the US. If properly aware, in worse case, after 12 months of residency and employment you should have no problem obtaining a US, government insured mortgage loan.
For more detail and a relocation consultation, please feel free to contact us anytime.
Palm Springs Realty (Commercial & Residential)
U.S. Housing and Urban Development Approved Broker
Licensed Real Estate Broker, Mortgage Banker, CPA (inact.)
FBC Mortgage, LLC
They are also able to vacation homes. Alan Salerno
Loans are definately being made to foreign nationals at this time. We understand Wells fargo is doing so with a 30-35% deposit. I'm sure there are others.
Check out their website: http://www.wellsfargo.com
Our buyers have also had success by looking for a branch of their bank in the US. One of our Canadian customers found a branch of his bank in Venice, Fl that would lend money with a much smaller deposit required. Consider looking for this type of opportunity as well.
If you have any interest in Sarasota County, we would be happy to suppor them.
Susan & Bill Eckler
Michael Saunders & Company
I understand it is possible, and I should have more and better answers by evening Tue.
Hope might I contact you with my New found information.
Banking Relationship Requirement: HSBC Premier Banking with minimum $100,000 Global Relationship with HSBC; combined deposit in bank or investment accounts
Top 10 Highlights of our Premier Deluxe Mortgage:
1. No US Credit is required - We can leverage your International Credit and Payment history
2. No US Social Security Number is required
3. Lend to borrowers with various US Work Visa's - Lend to Foreign Nationals - Borrowers with a B1 Visa or part of US's Visa Waiver Program Call or Email me for details
4. No Prepayment or Early Termination Fees on our Mortgages
5. Verification of your overseas employment, residence, and assets are simplified
6. Portfolio Mortgage with competitive programs, guidelines, and rates. Fixed, Adjustable Rate Mortgages and Interest Only options are available- Call or Email me for details
7. Down payment options as low as 25% for a Primary Residence, 30% for a Second Home, and 40% for Investment Property.
8. Finance up to $3,000,000
9. $1,500 Closing Cost Credit
10. Underwritten Pre-Approval available for To Be Determined properties
Please feel free to call or email me with any questions. I am here to help.
Premier Mortgage Consultant
Senior Mortgage Consultant
Top Regional Mortgage Professional- Los Angeles Magazine 2014
Top 1% Mortgage Originator 2013- Mortgage Executive Magazine
I have a few banks that do foreign national loans. Please feel free to send me an email so I can forward their info to you.
In the meantime below is the link to homes for sale in Lake Mary:
Hope this helps..
Top Producer Realtor® with over 26 years of experience
Awarded as Exit's TOP Buyer side Transactions for the State of Florida
Exit Realty Access, LLC
Direct: (407) 744-2533
Fax: (407) 444-9925
Search Entire MLS At: http://abidhendi.orlandopropertiesonline.com/search
Kissimmee Office: 391 N. Main St., Kissimmee, FL 34741
Altamonte Springs Office: 660 Palm Springs Dr., Suite D, Altamonte Springs, FL 32701
In terms of brokers, here's one that can handle what you are after:
Find your next house with the click of a mouse.
Search the MLS without obligation or registration from my website.
e-mail is firstname.lastname@example.org or apply online at http://www.fbchomeloans.com/shenderson.
I would like to help you if you are not currently not using a Realtor. Take time to explore my Trulia profile; http://www.trulia.com/voices/profile/real_estate_pro-orlando
and my website below,
Dave Lowe, Broker, Two4One of Orlando
GRI - e-PRO - GREEN - (designations)
Innovative - Save Money - Great People
I am a BRITISH Realtor working here in Longwood.
I myself made the move from the UK 4 years ago.
I have a super contact here in Altamonte Springs who can help you with a foreign national loan every step of the way.
Look forward to hearing from you soon.
Weichert Realtors, Hallmark Properties
I have a couple and if you contact me through my email I will give you the heads up.
I have my own Real Estate Company and my wife works for a developer and she just finished a home sale with a buyer from the UK.
Dave Lowe, broker
GRI / ePRO / GREEN designations
Search Central Florida Coast to Coast: http://www.myfloridahomesmls.com/davelowe
My Bio: http://brokerdave.topproducerwebsite.com/daves-bio-.asp
Customer Testimonies: http://brokerdave.topproducerwebsite.com/customer-testimonial.asp
RBC bank lends to Canadians and most any bank here in the U.S. will lend to a foreign national buyer. They are usually required to put down 30-35%.