Your #1 Foreign National Florida Lender

 

 

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Easy qualifications

 

Loan Requirements for a Home Purchase

25% DOWN PAYMENT REQUIREMENTS

Legible copy of passport or acceptable photo I.D., must be able to see photo clearly.

Foreign National International Credit Report $200 to be paid with a Visa/MasterCard/American Express.

Must have a U.S. Bank account.

U.S. check or credit card voucher (typically $350) for appraisal.

You must have at least two years at the same employment or same line of work. Please provide our sample letter to your accountant or employer to ensure all the required information is on it. Last 2 years gross income as well as net income.


VERIFICATION OF FUNDS TO CLOSE AND RESERVES

Must have a U.S. Bank account and provide documentation showing funds to close and 6 months reserves (PITI + HOA) in U.S. bank account prior to close.

Must provide ALL PAGES of most current 3 months bank statements from country of origin showing source of funds to close and reserves. If any large deposits are shown, additional documentation to show source of funds will be required.

Must provide all wire receipts showing funds being wired from country of origin to your U.S. bank account.


30% DOWN PAYMENT REQUIRED FOR CONDO PURCHASES.
40% DOWN PAYMENT REQUIRED FOR CONDO-HOTEL PURCHASES.


Please keep in mind that the lenders have the right to change their loan requirements at any time. We will do our best to keep all of our clients informed with any and all changes to make your mortgage process as smooth as possible.

 

 

Contact Roger Frechette at MetAmerica
+1 (863) 424 2404
rogerf@metamerica.com