Our programs offer non-citizen residents who have the qualifications, resources, and motivation to purchase a second home, vacation home or investment property in the United States have helped propel domestic real estate markets in tough times. We offer several different Foreign National Lending Programs designed to put home ownership in reach for qualified non-citizen seeking to put down roots in the United States. Our proprietary program offers flexibility, fewer restrictions and our signature stability and service that sets us apart from other lenders. LISTED BELOW ARE JUST TWO (2) OF THE MOST POPULAR PROGRAMS FROM THE LIST OF SIX (6) PROGRAMS WE HAVE IN OUR INVENTORY. CALL US AT 407-300-2558 FOR MORE INFORMATION FOREIGN NATIONAL LOAN PLATINUM PROGRAM - Click here to applyThe Platinum Program offers lowest rate and closes within 45 days •Minimum Loan Amount: $200,000 •3/1 ARM•RATES IN THE HIGH 4’s based on 60% LTV (VARIES BY MARKET) BASIC LIST OF DOCUMENTATION REQUIRED FOR OUR PLATINUM PROGRAM 1.Current American visa and passport in country of origin 2.Last month’s bank statement from all accounts 3.Last month’s credit card statements of all active accounts 4.If you are an independent employee, a letter signed by a Public Accountant indicating the entry of the last 2 years of income together with a year-to-date profit and loss including previous years . The accountants letter must be on the accountants letterhead including address, telephone number and email address. You must also send a copy of the professional accountant's license in the country of origin. 5.If you are employed, a letter on letterhead of the employer indicating salary, occupation and start date as well as the last proof of payment of your payroll. 6.A letter issued by the US bank indicating the balance to date. Also, you must have enough money to cover the (40% down payment), closing costs and 12 months' reserves. The reserve requirement is not tied to the mortgage itself, but rather provides confirmation that you have alternative funds available to cover the mortgage payment for up to 12 months in the unlikely event of a financial hardship The reserves can be in your country of origin. The reserves can be in your country of origin. 7.If you have a purchase contract. We require a copy of the deposit check of the contract. If the deposit to buy is transferred via wire transfer, all documents of the wire must be sent and a copy of the bank statement where the money came from. 8.Copies of a water, light or telephone bill with the name of the borrower and current address in their country of origin to evidence of borrower’s current primary residence.PROGRAMA DE PLATINO DE PRÉSTAMO NACIONAL EXTRANJERO - Haga clic aquí para aplicarLista de documentos para un prestamo de extranjero60% LTV with a $200,000 Min. Loan amount. El programa Platinum ofrece la tarifa más baja y cierra dentro de 45 días• Monto mínimo del préstamo: $ 200,000• BRAZO 3/1• TARIFAS EN EL ALTO 4's basadas en el 60% LTV (VARIES BY MARKET) LISTA BÁSICA DE DOCUMENTACIÓN REQUERIDA PARA NUESTRO PROGRAMA PLATINO1.La visa y el pasaporte actuales en el país de origen2.Enunciado bancario del último mes de todas las cuentas3.Estados de la tarjeta de crédito del mes pasado de todas las cuentas activas4.Si usted es un empleado independiente, una carta firmada por un Contador Público que indica la entrada de los últimos 2 años de ingresos junto con un año hasta la fecha de ganancias y pérdidas, incluyendo los años anteriores. La letra de los contadores debe estar en el papel con membrete de los contables incluyendo la dirección, el número de teléfono y la dirección de correo electrónico. También debe enviar una copia de la licencia de contador profesional en el país de origen.5.Si está empleado, una carta en papel con membrete del empleador indicando salario, ocupación y fecha de inicio, así como el último comprobante de pago de su nómina.6.Una carta emitida por el banco de los EE.UU. indicando el saldo hasta la fecha. Además, debe tener suficiente dinero para cubrir el (40% de pago inicial), los costos de cierre y las reservas de 12 meses. El requisito de reservas no está vinculado a la hipoteca en sí, sino que proporciona la confirmación de que tiene fondos alternativos disponibles para cubrir el pago de la hipoteca hasta 12 meses en el caso improbable de una dificultad financiera Las reservas pueden estar en su país de origen. Las reservas pueden estar en su país de origen.7.Si usted tiene un contrato de compra. Requerimos una copia del cheque de depósito del contrato. Si el depósito para comprar se transfiere por transferencia bancaria, todos los documentos del cable deben ser enviados y una copia del estado de cuenta bancario de donde proviene el dinero.8. Copias de una factura de agua, luz o teléfono con el nombre del prestatario y dirección actual en su país de origen para evidenciar la residencia principal actual del prestatario.NO SE CORRE CREDITO INTERNACIONAL *** EL VALOR MINIMO DEL PRESTAMO ES DE $200.000.00 *** DOWN PAYMENT 40% - INTERESES: 4’S (puede variar segun el Mercado)+++++++FOREIGN NATIONAL LOAN GOLD PROGRAM - Click here to applyThe Gold Program offers low rates and closes within 35 days •Minimum Loan Amount: $135,000 •5/1 ARM •RATES IN THE 7’s based on 75 % LTV (VARIES BY MARKET) •Reduced Documentation BASIC LIST OF DOCUMENTATION REQUIRED FOR OUR GOLD PROGRAM 1.Current passport in country of origin (Eligible Visas B-1, B-2, H-2, H-3, I, J-1, O-2, P1 and P2 )2.Last 2 month’s bank statement from all accounts 3.If you are an independent employee, a letter signed by a Public Accountant indicating the entry of 2015, 2016 and 2017. (The letter must be on Accountants letterhead including address, telephone number and email address). You must also send a copy of the professional accountant's license. 4.If you are employed, letter on letterhead of the employer indicating salary, occupation and start date as well as the last proof of payment of your payroll 5.Alternate income allowed such as 24 months of bank statements6.A letter issued by the US bank indicating the balance to date. Also, you must have enough money to cover the (25% down payment), closing costs and 12 months' reserves. The reserve requirement is not tied to the mortgage itself, but rather provides confirmation that you have alternative funds available to cover the mortgage payment for up to 12 months in the unlikely event of a financial hardship The reserves can be in your country of origin. 7.Funds to close must be sourced and seasoned for 30 days of which must be within a U.S. account
Our Foreign National Loan Application is for non-citizen residents who have the qualifications and resources to purchase a home or invest and would like for us to pre-approve their loan amount, quote rates and terms before making a full commitment to move forward with little or no documentation for with quick, easy approval. Non-Citizens Can Buy and Finance Real Estate in the US EasilyIf you are not an American citizen but want to purchase a house here, at Florida Direct Lenders, we can offer foreign national mortgage programs, which work very much like standard U.S. loans -- except that the required down payment is generally larger about 25% However, you may have another alternative. Foreign nationals can also qualify for FHAmortgages. When you indicate on your mortgage application that you hold something other than U.S. citizenship. In this case we will ask to examine additional documentation and determine your residency status.•Lawful permanent resident aliens. If we determine that you enjoy lawful "permanent resident alien" status, the FHA will insure the mortgage under the same terms and conditions as it does for U.S. citizens. This means that we can finance your home in the U.S. with as little 3.5% down, and do not even need to have a credit rating in the U.S. to be eligible. Documents that function as evidence of lawful permanent residency are issued by the Bureau of Citizenship and Immigration Services (BCIS, formerly the Immigration and Naturalization Service) within the Department of Homeland Security. You have to produce these documents when applying for your FHA mortgage.•Non-permanent resident aliens. Those on work assignments in the U.S. can buy homes too. The FHA will insure a mortgage made to a "non-permanent resident alien" if the property will be the your primary residence, you have a valid Social Security number, you have earned a satisfactory two-year credit history, and you can produce an Employment Authorization Document issued by BCIS showing that you are eligible to work in the U.S. If your authorization is set to expire within one year, and a prior history of residency status renewal exists, as direct lenders we are allowed to assume that continuation will be granted. If this is your first year in the U.S. and there are no prior renewals, our underwriters will have to determine the likelihood of renewal based on information from the BCIS.Foreign Nationals Can Have Trouble Coming Up with Credit Scores – No Problem One challenge faced by foreign nationals is the that their American credit history is likely to be minimal. At Florida Direct Lenders, we can work with you even if you have a thin file. We provide guidance on how to construct a credit report from your payment history with utility companies, landlords and any other accounts requiring regular payments. It costs more to get a credit report of this type, but it can make a mortgage and home ownership possible. If you are using non-traditional credit, it's more important for you than for U.S. citizens to be prompt with your telephone, rent and electricity payments -- your mortgage approval may depend on it.