The Client
A retired Australian citizen living in Sydney inherited a rental property in San Diego from her late brother. She wanted to release equity from the property to expand her business in Australia but was unable to get approved by U.S. lenders due to her non-resident status.
How We Helped
America Mortgages stepped in with our Equity Unlock program for foreign nationals. Our team arranged a 60% LTV cash-out refinance based on current rental income and property value. The funds helped supplement her retirement lifestyle while keeping the rental generating income in the U.S.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| Australian | $980,000 | $588,000 | 60% | 7.99% |
| Term | Address | Property Type | Purpose | Loan Type |
| 30-Year Fixed | San Diego, CA | Single Family Home | Cash-Out Refinance | Residential |
