Summary
We help foreign investors secure financing using common sense underwriting with minimum documentation needed.
Qualifications
Minimum Down Payment
30% of sales price (gift funds not allowed)
Minimum Credit Score
No US credit required
Cash Flow Ratio
110% Debt service coverage – Rent must cover mortgage by 10%
Eligible Property Types
Single family residence, 1-4 unit, PUD’s, townhouse, condo, and non-warrantable condo
Loan Amount
$100,000 to $1,500,000
Reserves
12 months reserves required and must be in a U.S. bank
Occupancy Type
Investment Only
Sourced Funds
Assets sourced and seasoned for 60 days - must be in a U.S. FDIC insured bank for a minimum of 30 days