Yes, we can do them! And NO, we ain't just saying....
Foreign Nationals By Express Capital Mortgage Inc.
Foreign National loans have been difficult or non-existent for quite some time. With so many Foreigners purchasing properties from Canada out here in Arizona we have not given up in our search for these types of loans. There is quite a demand for them, so we followed numerous sources to many dead ends.
The Trail for us as a Broker
AzMortgageMan has been on this quest for some time. You know those movies where the DEA is looking to find that crime boss and slowly moves up the chain of scum in order to end the whole battle. Well, this adventure was quite similar in some ways. We started with current industry relationships and follow leads until we get to....wait, what? You can finance a Foreign National? Ok, so what are the guidelines. Can you do Canadians?
Our answers to these leads varied. Most times we recieved information that was passed on from one source to another which ended in a bitter dead end. This is the dreaded chain where promises are made from one person to the next and with each promise another peice of the pie taken from the commission pot. Not to mention the dreaded Non-disclosure/Non-Circumvention agreement.
Success by Persistance
So who is our source for this special financing that Express Capital Mortgage has found? Well, for now we are going to point the finger at ourselves. We found a link, a link that if explained, would be a story that might come out similar to Shane Co. diamond guru going to the hills of Bangkok for his hand selected diamonds. Anyhow, the good news is there are some main positives.....
1. Excellent Rates! (Near current lows....ask AzMortgageMan
2. No increased fees to multiple lenders (remember that chain of bad guys)
3. Long terms (yep, like 30 years!)
Express Capital Mortgage Inc.
Posted By Ryan Kohl "AzMortgageMan"
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