Details

Solutions for non-us citizen borrowers living overseas
  • Qualify on Asset Qualification or DSCR
  • LTVs up to 75 on purchases and 70 on refinances
  • DSCRs down to 0.75 allowed on DSCR
  • 150% of loan amount in post-closing assets on Asset Qualification
  • Second Homes and Investment Properties
  • Loan Amounts up to $3MM
  • No US credit required
  • 1-4 unit properties, warrantable condos, PUDs, and certain non-warrantable condos/condotels allowed
  • No foreign credit/liability validation
  • No limit on cash out
  • Vesting in an entity (LLC, partnership, corporation) allowed
  • A US visa is required
  • Escrow for taxes/insurance required
  • ACH from a US bank account required
  • AirDNA may be utilized to calculate short term rental income on purchase transactions
  • Temporary buydowns allowed
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