Not a US Citizen, but You want to buy a home
No problem, Our Foreign National Loan Program makes buying a home in the US easy for non-US citizens. While the guidelines on these loans are different than conventional, conforming or other federally insured loan programs, we are confident that our loan program can meet your needs.
.. Competitive interest rates.
.. Borrow up to $750,000 per property (minimum amount borrowed is $100,000).
.. Multiple Fixed rate terms from which to choose (10, 15, 20, 25 & 30).
.. Multiple Adjustable rate terms (5/1, 7/1, 10/1).
.. Purchase a New home or refinance your current home.
.. Debt-to-income ratios are 50% (“Assets for income” option).
.. No pre-payment penalties.
.. Finance up to 75% loan-to-value (if home is worth $500,000, we lend up to $375,000).
.. Eligible for multiple property types: single-family homes, condos and townhouses.
.. Available to Self-employed foreign national borrowers.
.. Some seller concessions are allowed (Max 6% up to 65% LTV)
.. Escrows: Taxes and insurance escrows are required
Talk with Loan Officer (626) 701-4159