Financing Available For Canadians Buying Real Estate in Palm Springs

Financing Available For Canadians Buying Real Estate in Palm Springs

I have a lot of Canadian buyers stealing deals in La Quinta and Palm Springs, CA. Now I also have a local lender who can help Canadian buyers looking to finance as a second home in Palm Springs. The criteria for Canadian financing in the Palm Springs area includes:

·          30% down second home only

·          6 months prepayment penalty

·          6 months of payments on deposit with the bank

·          6.50% fixed 25-year amortization/5 year balloon

·          Loan Amounts $150M-$800M

·          Canadian Loans typically close in 45 days or less

Please contact me for additional information.

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