Financing for International Buyers

By
Real Estate Broker/Owner with Ultimate Florida Real Estate, Inc

What financing options are available to international buyers investing in Florida & around the US?

Some international buyers choose to get financing from their home country. I often see buyers taking out a line of credit on another property in their home country. 

There are banks in the US that give loans to international buyers. I would like to start a list that I can provide to prospective international buyers. To start, I know that UBS and Royal Bank of Canada give loans to international buyers in the US.

Other options? All suggestions are welcome.

In my case, this mainly relates to second homes and rental properties.

Thanks for your input!!

Comments (2)

Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

We sell properties in the local area to European, out of country buyers and local banks handle them just fine. Just closed a home to an English buyer with our seller from Ireland. Do both sides, line up the bank, on to the next sale. 

Dec 06, 2010 06:47 AM
Susanna Grubb
Ultimate Florida Real Estate, Inc - Jupiter, FL
Jupiter Florida real estate agent

What % do they normally have to put down? Are the interest rates higher as they lack credit?

Thanks!!

Dec 06, 2010 06:53 AM