Loan Program United States

Loan Program United States

RateStarting at 7%
Term30 year fixed
Max LTV80% (Expats), 75% (Foreign Nationals)
Max loan amountUS$3,000,000
Second home allowedYes
Borrower typeU.S. Expats or Foreign Nationals
Loan costsOrigination 2% (success fee)
Appraisal: $550-750 (on average)
Settlement costs: depends on state
Annual feeN/A
Lender feesLender fee: $1,600 (approx.)
Broker fees2%
Processing time30 - 45 Days
RequirementsDebt Service Coverage: 1:1 ratio
NO personal income tax returns required
Use ONLY rental income from property to qualify
Key selling pointsConditional approval in 72 hours
Can sign closing documents at U.S. embassy
Note
GMG contactnick.worthing@americamortgages.com