Canadians are looking to buy American real estate. The loonie is at parity with the dollar and American housing prices are down some 20% from 2005. That presents quite a bargain if a Canadian is looking for a vacation home in America. We've talked to over ten Canadians in the past week; most are interested in the Sun Belt (Arizona, California, Florida).
How does a Canadian get a mortgage for American properties?
Documentation American lenders look for when lending to Canadian citizens: click here for the documentation list
A compendium of articles about how Canadian investors need mortgages from U.S. Banks: