Foreign Nationals can Finance a US Home with a US Mortgage
Investing in the U.S., specifically in Orlando, Florida or Southern states, which have not yet topped out as to value and desirability.
Almost anyone can buy property in the US. It is a common misconception that you need to be a citizen to own a home in the United States. It is also a common misconception that you will need a United States originated credit history to qualify for a mortgage. There are not all of the common 0 down payment and high LTV (Loan To Value) mortgages available to foreign nationals but it is easier then commonly thought.
Are there easy mortgages for foreign nationals In the United States? The answer is a resounding yes. Any one, not from a state department “Watch State” can easily get a mortgage in the US with as little as 20% down and no documentation as to credit worthiness or income.
There is still waterfront property in Florida, for instance, for under $150,000.00. A savvy investor could buy a 2-4 bedroom home use it when they want, and rent it to their countrymen as a vacation villa for far more then the monthly mortgage tax and insurance payment. Meanwhile in Florida, properties have been appreciating for from 5-25% annually for several years now. This is in my opinion not likely to let up any time soon.
Some better values may also be found around Atlanta Georgia, home to the largest aquarium on the planet. Perhaps San Antonio Texas, one of the most beautiful cities in the world, known as Venice Texas to many for its canals, beauty and temperate climate.
While you are visiting the US you may wish to stop by CFIC Home Mortgage to apply for funding a closing will be set to your convenience four to 6 weeks from your application. While you are here take the time to find your dream house.
Apply Here: http://www.mortgageseeker.biz/ForeignNationalquickapp.html
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