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allanvincent
70 Posts |
 Posted - 05/02/2008 : 11:39:18 AM
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| Looking for a lender for my realtor's clients, they are foreign investors looking to put a big down payment, around 30-40%, but does not have a social security, work visas, etc...they are looking to buy it as a vacation home, and can provide income docs but foreign...let me know please. |
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mganovsky
2114 Posts |
Posted - 05/02/2008 : 11:47:44 AM
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You should re-do your post, ask for foreign national lenders, there are still a few lenders out there that do foreign nationals. Wachovia/World is the best and easiest to work with.
All foreign national mortgage loans are done as a second home.
Just a note, all of the docs have to be converted into english and the foreign currency on pay stubs or taxes have to be converted into U.S. Dollars. |
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allanvincent
70 Posts |
Posted - 05/02/2008 : 12:01:05 PM
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| thanks, i appreciate it... |
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d and d
95 Posts |
Posted - 05/16/2008 : 08:57:26 AM
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Depending on which states. I can go up to 75%.
30 year fixed
No pre-pay.
Rates in the low 7s, paying you yield.
Can't do the condotels and non-warrantable condo's though....
Al Vargas
SouthTrust Funding
800-304-6188 X190
avargas@southtrustfunding.com |
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