 |
30
Year Fixed
|
 |
8.25%
Rate regardless of doc type (Full Doc/Stated/No Doc)
|
 |
90%
Financing on Purchase or Rate and Term Refinance
|
 |
85%
Financing on Cash Out Refinance
|
 |
620+
Credit for Full Income Documentation (Documented Proof of Income)
|
 |
680+
Credit for Stated Income Documentation (No Proof Of Stated Income)
|
 |
720+ Credit for No Doc (No Proof of Income or Employment
|
 |
Mortgage
secured against the real estate in the country where the property is being
purchased or refinanced
|
 |
Investment
Property financing to 90% & no limit to number of properties financed by
one buyer (case-by-case basis)!
|
 |
Dry
Closings available. We approve
and close the loan prior to the property being built.
Funding occurs when the property is complete.
Loan fees are paid at the closing, not at the time of funding.
|
 |
30-60
day average closing time, upon receipt of complete application and all
supporting documentation.
|
 |
4% Loan
Origination Fee, 2% Securitization Fee, Plus Third Party Fees.
|
 |
Available
in both “Restricted and Un-restricted Zones” in
Mexico
.
|
 |
Condo,
Single Family, Fractional, and Condotel property types
|
 |
Mexico
:
Any Notario/Bank Trustee/Closing Agent Allowed
|
 |
All
foreign nationals and local citizenship allowed
|
 |
Construction
to Permanent financing available!
|
 |
No
Cross Collateralization Requirements
|
 |
No Pre Payment Penalties
|
 |
$200
Application Fee
|
 |
No Loan Limits
|
 |
Available in All Caribbean Areas Except: Venezuela, Cuba & Columbia
|