Florida Home Purchase by UK Citizen

Asked by Neilhlm2003, , Sun Oct 14, 2012

Second Home Buyer In Orlando
Looking to buy new home in Florida as a UK citizen with excellent credit history. Anyone do 75% to 80% LTV mortgages rather than 70%? Looking for 30year fixed at 4% if possible.

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Sun Oct 14, 2012
Looking at all comments and I have a portfolio
Lender that can accomodate 25% Loan to Value for majority of my foreign national investors. Would love to hear more about your objectives of your purchase Identifying a property that has higher return will have greater impact than reducing initial investment if looking for cash flow.
Look forward to assisting you further.
Kind Regards,
Lisa Hartwell
Certified Investment Agent Specialist
JC Penny Realty
0 votes
Alan Martin, Agent, Orlando, FL
Sun Oct 14, 2012
I am from UK ( Cambridge ) I have been helping folks, like you, to buy homes here close to Disney for the past 13 years. I have extensive experience in this market. I would be very interested to learn who has offerd you the loan and given you a loan pre approval. It would be in your interest to get this offer of a loan checked out and I would be happy to do that for you. I would also like it to be true because I have a long queue of buyer wanting a loan to buy here

Please get in touch


407 832 4888



Alan Martin
0 votes
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Sun Oct 14, 2012
Mortgage Broker responds:

Again, won't happen.

You are being given what is called a "Hope To Gain."

Maybe I'm wrong, but I bet you don't have:

1. a Good Faith Estimate

2. an Approval Letter with those terms on it.

Am I right?
0 votes
Neilhlm2003, Home Buyer, ,
Sun Oct 14, 2012
I've already been approved with a 30% deposit at 4.00% but a 25% deposit would be more beneficial as it gives me some funds to do things with. I may be best going with this unless anyone knows of someone who offers similar rates with a 25% deposit? Thanks for your replies...
0 votes
Patricia Var…, Agent, Ft Lauderdale, FL
Sun Oct 14, 2012
Hello there,

I am from London and work as an agent in Florida. If you need advice as a UK citizen please feel free to send me an email or give me a call to discuss your options. Also if you watch my website it has all the current listings and information on neighbourhoods. http://Www.floridamoves.com/patricia.varley


Pat Varley
Coldwell Banker Residential Real Estate
0 votes
Raquel Berdi…, Agent, Oviedo, FL
Sun Oct 14, 2012

Your best chance is to get equity release in the UK. The intrest rates for foreign residents are very high. If you can refinance your home there, or something similar you should be able to finance a property here.
Please let me know if I can be of further help.
Please take a look at my website. I specialize in foreign investors.
0 votes
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Sun Oct 14, 2012
Mortgage Broker responds.

That will not happen.

0 votes
Donald Flemi…, Agent, Celebration, FL
Sun Oct 14, 2012
Have you thought of owner financing? There are some available with 20% down
0 votes
Julie Rosent…, Agent, Jupiter, FL
Sun Oct 14, 2012
Hi, Please let me know how I may help you! Julie Roenthal, Broker, GRI, ABR, TRC, EcoBroker, CAM, Helping people buy, sell and rent Florida real estate 30 years. Phone: (561)827-6789 Email: julier6789@gmail.com Sell all Flrodia properties at: http://www.Buy-Sell-Rent-Flroida.com
0 votes
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