Purchase of Real Estate FAQ’s Download Below

  • Financing Requirements & Steps for Foreign Nationals

    • Fill out standard mortgage application with personal information regarding residence and work location
    • Provide valid e-mail address
    • 20-35% in deposits – Determined on case by case basis
    • Must provide a letter from accountant showing 3 years of income
    • Must provide source of funds for closing – bank statement ***All monies must be in the US before approval
    • Must provide two types of photo ID
    • 12 months of total payments on deposit with lending bank for auto pay (ACH) – new requirement
    • Foreign National and US credit report.
    • Must be present for closing, no mail away and no Power of Attorney
    • Buyer has the ability to close in name of a corporation – See attached
    • No limit to purchase price
    • No investors, second homes only

  • Purchase of Real Estate

    The purchase of real estate in the U.S. without the proper assistance can become a complex transaction. In addition to the unfamiliar vocabulary, there are a series of complex legal and title issues that will arise. Please download the PDF or Word document at the bottom of the page for more information.