Here is my lenders responce to you getting a loan.
Stan â€“ I have an option â€“ looks case â€“ by â€“ case â€“ I would have the prospect send over all asset statements (bank, retirement, etc) and employee items if he is Entering the US. Is this the case? Thanks!! Eric.
Immigrant / Expatriate loan program
This program is for professional immigrants entering the USA on an acceptable visa.
No SSI or TIN number required.
When no credit score is present or we have a false score, we will consider these clients as having a 740+ credit score when qualifying with only a +.75% rate adjustment.
We do not have restricted markets. Product is available in all 50 states.
Loan sizes up to $3,000,000.00 allowed with no LTV reduction from the standard.
80% ltv to $1,500,000.00.
Foreign assets are considered on a case by case basis for reserves and down payment.
We will qualify on offer letters and / or first paystubs.
The program is also offered to US citizens living abroad working for a US based company, even if no credit score is present.
US citizens working abroad for foreign companies may be considered on an exception basis if US tax returns have been filed showing the foreign income.
This program has been a huge hit for our brokers with lead sources within relocation companies, executive recruiters, and HR departments within the Oil and Gas industry, Tech industry, and medical fields.
V.I.P. Mortgage, Inc
4900 N Scottsdale Rd, Ste 6000
Scottsdale, AZ 85251