Foreign National Mortgages Miami Florida
Miami is a gateway to the United States. It is a hot spot for night life, beaches, cruise ship companies, sporting events, fishing, tourism and a great place to live.There is such a diverse group of people here from all parts of the world. Kind of likeNew York City except we have the ideal weather and some of the best beaches in the world.
People come here for whatever reason and don't want to leave. Fortunately I have a great foreign national loan program that can help foreign nationals who wish to purchase a home here even if they don't have an established credit history within the United States.
70% Financing to qualified applicants
If you can produce a letter from your accountant detailing your income for the last few years and can show the neccesary funds sitting in a bank account you to can purchase valuable real estate here in the United States and here in Florida.
70% financing with rates in the 5% range is actually amazing considering this program did not exist two years ago.
Another reason this program is great is because it provides equel pricing to primary residence, second home or investment properties. We don't even get that here in the US with Fannie Mae and Freddie Mac!
You've probably heard of the increasing number of foreign real estate investments in the United States. This is not surprising. With the troubles that the real estate investment market is facing in the United States, greater opportunities in real estate investment were opened to foreign investors.
With the dollar's value in its all time low, foreign investors are finding real estate bargains all over the United States. There are no shortages of deals in this market. More and more distressed properties are being sold everywhere and foreigners are pouring in millions buying these foreclosed or distressed properties. The United States real estate has become a fairly attractive long-term investment for foreign investors.
Foreign investors are lured to US real estate by the stability and security of the US Real Estate market. Generally they can enjoy a steady appreciation of US real property and without the volatility of financial markets, making the prospect of economic gain through rental income and capital growth the strongest attraction. With relative political and economic stability in the US, there are fewer barriers to foreign purchase of US real property. The weaker dollar and lower property prices make these investments even more attractive for foreign investors.
There is a caveat that an automatic payment plan must be set up with a US Bank but that is actually convenient for all parties concerned. Funds must come from a US bank account also but that only makes sense as well.
Fun Things to Do in Miami.
This list could go on and on but lets talk about the obvious.
South Beach - Internationally known for the beautiful women wearing very little and the outrageous night life that is second to none in the world. Once you spend a day here you will not want to leave.
Cruise Ships South Beach Florida - Americas Riviera is a port for many of the largest cruise ship companies that all leave Miami to embark on cruises arround the Carribean and even South America , Europe and Africa.
Miami Heat - We are the best basketball team in the world. A typical night at Miami arena is a star studded affair.