right60% TO 70% LTV SUPER JUMBO FOREIGN NATIONAL LOAN

Available

 

For the borrowers purchasing properties where the loan amount is larger then $1,000,000 FOREIGNATIONALMORTGAGE.COM provides Super Jumbo Foreign National Loan. The borrower is required to place 30% to 40% down payment to obtain the loan. Also, six months of liquid PITI (principal, interest, taxes and insurance)reserves are reqired to be placed in the borrower own account. There are situations where the lender would require six months PITI to be placed and maintained in the borrowers account opened at the lending bank.

Foreign National Loan Program Details

LOAN SIZE: $1,000,000 to $50 Million

LOAN TERMS: Amortized from 5 to 30 years

LOAN TO VALUE: Up to 70%

DOCUMENTATION: No Income Verification and No Doc Loans Available

CLOSING: 45 days

Loan Documentation Required

• Accountant’s letter from Borrower’s country of origin. The letter must reflect the Borrower's current income together with income for the previous 2-years.

• Two (2) personal or business reference letter.

• Two (2) bank reference letters or VOD’s (verification of deposit) as source of funds from Borrower’s country of origin (Must have average balance for last 3 months).

• Corporate loans require: Articles of Incorporation, Good Standing Certificate,

Corporate Resolution, & By-laws

• Copy of visa or passport (foreign national only)

• If you can present those five documents you can obtain foreign national

mortgage in the United States.*

Please note, all documents must be translated into English. Property title can

be held in either personal or corporate name. 

Call us now at (954) 357-3838 to speak to one of our foreign national mortgage specialists or click here to have one of our foreign national loan specialists give you a call today.

  • If you are interested in applying for a foreign national mortgage loan, you can apply online now.

  • *All loans are contingent upon lenders underwriting upproval.


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