A Game Changer for Foreign Investors: Buying U.S. Real Estate Made Easier
Ever wondered how foreign nationals can invest in the U.S. real estate with ease? David Lenoir from Coldwell Banker Realty joined by Rick Waldron from Guaranteed Rate Affinity unveil a program that's a game changer for Foreign Nationals. Foreign nationals are individuals who neither live nor work in the U.S but.
And what is needed to qualify? All they need is a valid passport. They can also close in the name of an LLC. What about the financial aspects? Guaranteed Rate Affinity offers purchase and rate and term refinances up to a 65% loan to value and for those looking to pull cash out of the property, 60% loan to value with a maximum of $500,000 in cash out can be provided.
What are the types of properties? 1 to 4 families, condominiums and planned unit developments are all covered. How about the loan amounts? Loan amounts up to $2,000,000, plus there's no need for credit. And what about the loan terms? Real flexible options are offered. Guaranteed Rate Affinity has a 5, 6 adjustable rate mortgage, as well as a 7, 6 adjustable rate mortgage, in addition to the traditional 15 and 30-year fixed rate terms. They even offer an interest only option for all of the above, with the exception of the 15-year fixed.
This program offers flexible loan options, competitive rates, and generous loan amounts for various types of properties --- a seamless way for foreign nationals to invest in the U.S. real estate. Let’s connect to make your U.S. real estate dreams come true.
For more information, DM me or call 781-734-7098.
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