You can get financing, we are located in Marin County and I will be delighted to meet with you.
We will require credible documentation for 2 yrs. + year-to-date Income, credit report or alternative credit to demonstrate â€˜Aâ€™ quality credit worthiness, and seasoned funds in a known financial institution (does not have to be seasoned in a US bank account). Translation of documents may be necessary if the statements from Thailand are not in English.
No Credit required(as you might not have an established credit in the US if you moved to Thailand 5 yrs ago)â€¦but some credit references required â€“ alternate credit from Thailand is okayâ€¦international credit reports are also acceptable. (We usually Google the applicant's Country of residence to determine if they have credit reports & tax filing).
We require 2-years income verification history but it is not necessary to have U.S. tax returns (although if you are a US citizen you must have filed U. S tax returns)â€¦Tax documents from country of residence are okay. If Thailand does not require to file the equivalent of tax returns, then we need an employment letter on your company's letter head explaining compensation. If the employment letter is in a language other than English we need to get a statement from a tax preparer or equivalent that can provide evidence of your credentials by translating the documentsâ€¦it must be on letterhead so that we can verify the company through 3rd party sources.
We must be able to source seasoned assets in a known verifiable worldwide financial institution (i.e., Credit Suisse, HSBC, UBS, Bank of Tokyo)â€¦the funds may not be in an Institution which cannot be verified. The main reason for sourcing the income and assets is for OFAC (Office of Foreign Assets Control) which monitors foreign countries, regimes, known terrorists, etc.
Power of Attorney (POA) is allowed for a US citizen. Or you can go to an American Consulate to sign and have loan documents notarized.
Feel free to call me to stop by my office in Marin County
Senior Loan Consultant
By Referral Only
All California Mortgage, Inc
P: (415) 464-8261
C: (415) 378-7508
F: (415) 464-2367