Lending Resource for Canadian Investors - Buying a Home in Southwest Valley of Phoenix, Arizona
Have you been looking for Canadian Investment Loans? Then I have good news for you.....they have arrived! Here in Arizona we have a lot of homes that are being sold to investors from Canada, and most of the time these sales are for CASH. As a result we get calls almost weekly from Clients looking for Canadian Investment Loans. There are already a few companies out there that cater to the second home market, but this is a true Canadian Investment Loan. These loans are underwritten to standard Fannie/Freddie guidelines. Processed, Underwritten and Funded in house.
Some of the details are as follows:
Down payment of 50% on each property is required
The minimum loan amount is $50,000 and the Maximum loan amount is $200,000
30 year Amortized Payment on a 5 year balloon
NO pre payment penalty for early payoff
NO limit to the number of properties financed
Initial items needed to qualify:
Full Application with 2 Year residence and work history
Credit report pulled with SIN
2 years full tax returns
Asset Statements
Copy of ID and SIN card
Current Pay Stubs
If you are a Canadian Investor interested in Buying a home in Goodyear, Litchfield Park, Avondale, or Buckeye, please contact our dedicated Buyer's Specialists Mike, Peggy or Kate (623)337-8277. You can also view available homes in the Southwest Valley of Phoenix, Arizona at thekroneteam.com.
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