If you cannot qualify for standard financing. we have investors that work "Outside the Box". They will typically have a higher interest rate and closing costs, but they allow you to purchase where traditional financing will not. I view them as band-aid loans until you can qualify for traditional financing.
Foreign National Program
- Up to 75% LTV
- No US credit required
- Fewer country restrictions
- DTI up to 50% considered
- Second homes and investment properties
- SFRs, townhomes, condos, 2-4 units
- No SSN or ITIN required
- 12-months reserves required
- Non-warrantable condos considered
- 5/1 ARM or 30-year fixed
- Loans up to $750,000 (minimum $75,000)
- Seller concessions to 2%
- Non-occupant co-borrowers not allowed.