We now have financing available for Canadian citizens who want to buy a second home in Arizona. I've heard that it can get awfully cold up there during certain times of the year. What better way to thaw-out than buy an Arizona home like Anthem at Merrill Ranch where you can pretty-much-wear-shorts-every-day-in-January if you want?
Anthem at Merrill Ranch will bring spectacular amenities and a small-town feel where you can truly live, work, and play. Anthem features an all ages side, called "Parkside", and an active adult (55+) neighborhood, called Sun City. Sun City Anthem Merrill Ranch (age restricted 55+) has a 48,000 square foot recreation center featuring:
- State-of-the art fitness and wellness center
- Resort style indoor and outdoor pools
- Indoor walking track
- Yoga and group fitness studio
- Massage rooms
- Arizona State University Lifelong Learning Academy
- Arts & Crafts rooms
- Social hall and demonstration kitchen
- Cyber cafe with wireless internet
- Expansive patio with views of the lake and Poston Butte Golf Club
In Parkside, you'll find a Big Splash Water Park, 60 acre community park featuring an outdoor amphitheater and catch and release lake, a bustling 43,000 square-foot community center, and world renowned Poston Butte Golf Club and 18 Hole Championship Golf Course, operated by Troon Golf are just a few of the amenities that will be located virtually in your backyard.
Starting about 6 months ago, lenders were pulling out of financing these loans, but we are starting to see some of them come back now. Not a lot of lenders,mind you - but at least one!
Mortgages For Canadian Citizens: Guidelines
- Must be a second home
- Will loan up to 70% loan-to-value
- International credit report required
- Verification of mortgage on primary residence
- Last 2 pay stubs and 2 years of T4's required
- 2 months bank statements
- Drivers license and copy of passport
- If self employed, last two years of Canadian tax returns along with a profit/loss statement and balance sheet.
Simply put, this is pretty much a full documentation loan for people with good credit. The interest rate on this 30 year fixed rate loan currently is .5-1% higher than today's conventional rates. The interest rate changes from time to time, but not every day.
Call Jessica for more info on this exciting community and available financing!
602-677-7977
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