| Author |
Previous Topic | Next Topic |
|
Coffee Is 4 Clos
1638 Posts |
 Posted - 05/14/2008 : 06:56:30 AM
|
I have a couple purchasing a second home in chicago. Excellent credit, own current home free and clear, 40% downpayment and dti under 30. My issue is that these borrower's are not citizens of US, not resident aliens, no green card- nothing. They just want to buy a vacation home in Chicago.
Any suggestions for lenders or programs? Please advise. |
|
MALIZNA
444 Posts |
Posted - 05/14/2008 : 07:08:54 AM
|
| Did you try WACHOVIA |
|
|
Coffee Is 4 Clos
1638 Posts |
Posted - 05/14/2008 : 08:14:54 AM
|
my company is not signed with wachovia... LOL. They are the one and only lender my boss will never sign with since he hate's them! Don't ask me why? But, we have 65 other lenders and if anyone else has a suggestions other than wachovia then please let me know!
Thanks! |
|
|
rgb2005
276 Posts |
Posted - 05/14/2008 : 09:05:29 AM
|
I would hook up with a Harris Bank retail lo, refer the deal to him, and see if you can charge half a point origination that will be on Hud and paid to you.
|
|
|
mganovsky
2074 Posts |
Posted - 05/14/2008 : 09:07:39 AM
|
| If they go thru thier own bank or the royal bank of canada they will get a much better Int rate, unless because of the coversion rates they want to pay in U.S. dollars |
|
|
jstar
721 Posts |
Posted - 05/14/2008 : 09:42:43 AM
|
I have had a few inquires from Canadian Citizens on the real estate side. I guess they feel with the conversion rates properties in Laguna Beach or more affordable....LOL.
Wachovia was the first lender that came to mind when they were asking about financing. |
|
|
oldmlb
138 Posts |
Posted - 05/14/2008 : 10:17:48 AM
|
| Maybe SunTrust/Crestar? |
|
|
juando67
115 Posts |
Posted - 05/15/2008 : 01:39:46 AM
|
| ING..... if you're not signed up with them, get in touch and perhaps we can work something out. |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
