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Florida Mortgages | Foreign Nationals Underwriting Guidelines / LTV Update

By Dustin R. Burke, Adonai Financial

We are very excited and please to announce we are now able to offer STATED INCOME loans to Foreign National clients with a down payment of 30% in central Florida. This includes loans secured by condotels. This is an increase in loan to value of 10% over our previous product offering. Stated income loans to foreign nationals were previously restricted to 60% LTV in central Florida on most loan amounts.

Full documentation loans are still available at 75%. Condotel loans are not available on this program.

If you have any questions about the new loan guidelines please contact our office at 863-680-2700 or send me an email to dustin.burke@adonaifinancial.com.

***Disclaimer: this is not an offer or commitment to lend by Adonai Financial Corporation - the borrower must meet all underwriting conditions required prior to the issuance of a loan commitment.

"Adonai Financial, your friends in the mortgage business!"

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Adonai Financial Corporation

http://www.adonaifinancial.com/

---The content of this blog is my opinion---

Posted by Dustin R. Burke on 03/06/2008 05:03 PM

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foreign nationals, mortgages, condotels, siva, full

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