Wholesale Lending and Why it’s Important!

U.S. Mortgage Broker

Key takeaways:

  • A wholesale mortgage lender is an institution that funds mortgages and offers them to third parties, such as a mortgage broker, bank, or credit union
  • Non-bank lending accounts for about half of all U.S. mortgage origination
  • Wholesale mortgage lending differs from other mortgage options in that it requires the borrower to work with a mortgage broker instead of the lender
  • Wholesale lenders can offer cheaper rates and more relaxed eligibility guidelines compared to traditional lenders 
  • America Mortgages is the only U.S. mortgage broker outside the U.S. that focuses 100% of their business on Foreign Nationals and Expats living overseas

Wholesale Lending, Mortgage Brokers….and Why It’s Important for International Clients

The concept of wholesale lending is not understood outside the U.S. but actually accounts for about half of all mortgage origination in the U.S. 

One way to think about a wholesale lender is a bank that does not take customer deposits and only buys and sells mortgages.

A research article by The Ascent highlights the presence of non-bank financial institutions as the top three largest mortgage lenders in the U.S.

According to The Ascent’s analysis of the top 25 mortgage lenders, 72% are independent mortgage companies, and 28% are banks!

Thanks to a regulation called Dodd-Frank after the financial crisis, retail banks only focused on “Prime” borrowers since these mortgages eventually would be sold to Fannie Mae, a government-linked entity providing liquidity to the mortgage market.

Prime borrowers are U.S. citizens with very good U.S. credit who hold high-earning, long-tenured, salaried jobs and borrow for their primary residence. Nearly all other types of borrowers fall under wholesale mortgages.

This includes our clients => international borrowers, both foreign nationals and overseas expats!

The Customer Journey

Whether it’s a purchase loan or a refinance – retail lenders work directly with individual borrowers, while wholesale mortgage lenders don’t. 

Instead, they partner with mortgage brokers, who work with you to find the right loan — often at a discounted rate — and prepare your application.

America Mortgages => The world’s only U.S. mortgage broker with a 100% focus on Foreign Nationals and U.S. Expats!

What is a wholesale mortgage lender?

A wholesale mortgage lender is an institution that funds mortgages and offers them to third parties, such as a bank, credit union, mortgage broker, independent mortgage company, or professional.

How wholesale lending works

In wholesale lending, the borrower doesn’t have direct contact with the lender; instead, the borrower interacts with the third-party mortgage broker, who is responsible for facilitating the loan origination and application process and communicating throughout the lender’s underwriting. The mortgage broker works for the clients, and not just one bank or wholesale lender. This gives the clients more options of loan programs and qualifications.   

A wholesale lender lets mortgage brokers know what the loan options and terms are, and the third party then matches borrowers with an appropriate loan.

Once the loans close, wholesale lenders typically sell them in the secondary mortgage market to free up capital to fund more mortgages.

When working with America Mortgages, you gain access to our extensive network of over 50 wholesale lenders and will have access to competitive rates and more flexible loan options and requirements.

If you’re seeking the best mortgage rates and expert guidance through the lending process, opting for the broker and wholesale lender route is your best choice. 

America Mortgage’s sole focus is on overseas borrowers and we have the knowledge and experience to meet your specific needs. This is all we do!

The role of mortgage brokers in wholesale lending

You’ll work with our international-based loan officers to complete each step in the application process. Once your application is ready for review, we will coordinate with the wholesale lender’s underwriting team for a pre-approval in 72 hours.

You can then use the pre-approval to show proof of financing when you start house-hunting.

Our job as a mortgage broker doesn’t stop with assisting the prospective borrower with their mortgage application. 

We will also work to find you the best deal on a mortgage. Since we will have access to loan programs specifically designed for overseas borrowers, you will be able to secure more competitive rates and terms than you would if shopping for a home loan independently.

More importantly, since we understand the requirements of foreign borrowers significantly better than any U.S.-based mortgage broker, our team will be more effective and efficient in guiding you through the entire loan process.

Wholesale mortgage lending process

Below is an overview of what to expect if you decide to work with one of our internationally-based U.S. loan officers:

  • Step 1: Connect with our International Loan Officers to complete a standard loan application 1003 and gather documentation the wholesale lender needs to make a decision
  • Step 2: The mortgage broker confirms your application is complete and submits it to the wholesale lender for review
  • Step 3: Upon receipt, a member of the wholesale lender’s underwriting team analyzes your loan application, along with the supporting documentation, and verifies the entries to make a lending decision
  • Step 4: Once your application is approved, the mortgage broker provides you with a commitment letter from the wholesale lender detailing the loan terms and any applicable conditions
  • Step 5: The mortgage broker coordinates with the wholesale lender to close and fund your home loan. If there are any conditions the borrower must satisfy for the loan to close, the mortgage broker notifies the borrower during this step
  • Step 6: Once all conditions are met, the wholesale lender issues the “clear to close” to the mortgage broker, and the broker notifies the borrower. The borrower sends their down payment and the funds for closing costs to the title company shortly before closing
  • Step 7: At closing, the borrower signs the loan documents at the local embassy to finalize their end of the transaction and mails the documents to the title company
  • Step 8: The wholesale lender closes and funds the home loan

Key points of wholesale mortgage lending

  • A mortgage broker will search for the best loan option from a network of wholesale lenders
  • Less stringent eligibility guidelines
  • Potentially access more competitive rates and flexible loan terms
  • Personalized support from a mortgage broker
  • No direct contact with the lender
  • Mortgage broker fees  
  • Higher likelihood of loan sell-off following closing

Is wholesale mortgage lending right for you?

Getting a mortgage from America Mortgages is your only choice outside the U.S. if you are a non-resident foreign national or overseas expat looking to purchase an investment property or second home. 

A U.S.-based mortgage brokers WILL NOT know the ins-and-outs of borrowers living overseas, but THIS IS ALL WE DO – and we are in your time zone and speak your language!

Here are our popular U.S. loan programs

In conclusion, understanding the dynamics of wholesale mortgage lending is crucial for international clients, especially non-resident foreign nationals and overseas expats.

At America Mortgages, we navigate this landscape with over 50 established relationships with wholesale lenders, offering you access to competitive rates and flexible loan options.

If you’re seeking the best mortgage rate and a guided lending process tailored to your international needs, reach out to us today to take the first step toward securing your U.S. property with confidence.

America Mortgages and Abacus Wealth International Join Forces to Empower Clients with Wealth-Building Strategies

America Mortgage - Abacus Wealth International

America Mortgages Inc. Partners with Halo Financial to Revolutionize International Currency Exchange

America Mortgages Inc. partners with Halo Financial, improving real estate currency exchange. Expert support, no fees, tailored solutions, preferential rates.

LONDON, UNITED KINGDOM, September 4, 2023/EINPresswire.com/ — America Mortgages, the world’s only U.S. mortgage broker with an international presence, is excited to announce its strategic alliance with Halo Financial, a leader in currency exchange and global payments.

This partnership underscores their unwavering commitment to empowering clients, especially those navigating real estate transactions. Through this collaboration, they are dedicated to optimizing currency exchange processes, maximizing the value of international money transfers.

Halo Financial’s reputation as a leader in foreign exchange and currency transfer services is well-earned. As part of this partnership, Halo Financial’s experienced team of Currency Specialists will be exclusively focused on assisting America Mortgages’ clients in securing the best possible currency exchange rates, all within their specified timeframes.

In a world where borders are increasingly porous, transferring funds globally has become a pivotal facet of real estate transactions. This partnership seeks to simplify and enhance this process for America Mortgages’ clients, ensuring they receive optimal value for their international money transfers.

“We at Halo Financial are delighted to be partnering with such an innovative mortgage provider. Our companies are very well aligned in everything from customer focussed service delivery to culture and our commitment to finding reliable solutions for all manner of circumstances, means we can offer a broad variety of options to take the hassle and risk out of cross border mortgage arrangements.” says David Johnson, Founder and Director at Halo Financial.

Key Benefits of the Partnership:

– Dedicated Support: Halo Financial’s expert team provides personalized guidance throughout the transfer process.
– No Transfer Fees: Clients benefit from fee-free transactions, maximizing their currency exchanges.
– Tailored FX Solutions: Halo Financial offers flexible solutions aligned with individual needs.
– Expert Guidance: Clients receive guidance to secure the best rates within their timelines.
– Convenient Service: Streamlined, secure, and user-friendly exchange options available online or by phone.

America Mortgages’ clients will enjoy preferential rates and a complimentary consultation, providing insights into their international money transfer needs, further enhancing their ability to secure favorable exchange rates.

America Mortgages Inc. specializes in offering over 150 U.S. bank and lender programs to expats and foreign nationals globally. The partnership with Halo Financial seamlessly aligns with AM’s dedication to providing top-tier service and comprehensive solutions.

This collaboration marks a significant stride in simplifying and elevating international currency exchange for real estate transactions. Clients can anticipate streamlined processes, expert guidance, and unprecedented value in their cross-border financial endeavors.

About America Mortgages
Founded in 2020, America Mortgages, Inc. is a wholly-owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages headquartered in San Antonio, TX, with sales offices in 12 different countries, is dedicated to providing U.S. mortgage options for non-resident Foreign Nationals and U.S. Expats. 100% of America Mortgages [AM] clients are living and working outside of the U.S. Both GMG and AM focus on building quality, long-term relationships with its partners such as Private Banks, EAM, Family Offices, Realtors and other mortgage broker located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience. For more information, visit www.americamortgages.com or call +65 8430-1541.

About Halo Financial
Halo Financial is a trusted name in the realm of foreign exchange and international payments, offering a wide range of currency exchange solutions to clients globally. With an emphasis on delivering an industry-leading personalized service, expert guidance and mitigating foreign exchange risk, Halo Financial has earned a reputation for excellence in the industry.

Robert Chadwick
America Mortgages
+65 8430 1541
[email protected]

America Mortgages Launches Top Mortgage Loans for Non-Resident U.S. Real Estate Investors

Investment Property in Texas

America Mortgages Launches Top Mortgage Loans for Non-Resident U.S. Real Estate Investors, Providing Lucrative Investment Opportunities

— Robert ChadwickSINGAPORE, May 23, 2023/EINPresswire.com/ — America Mortgages, the leading provider of U.S. mortgage loans for non-U.S. residents and U.S. Expats, proudly introduces its top-tier mortgage loan program catering to non-resident U.S. real estate investors. This cutting-edge initiative aims to unlock unparalleled investment potential for international investors seeking to capitalize on the thriving U.S. real estate market.

With the U.S. real estate market experiencing sustained growth and stability, non-resident investors are increasingly drawn to the abundant opportunities for substantial returns. However, navigating the intricacies of obtaining a mortgage loan as a non-resident can present challenges. America Mortgages has responded to this demand by offering a specialized solution that addresses the unique needs of non-resident U.S. real estate investors, ensuring their success in the market.

Key Features of AM’s Mortgage Loans for Non-Resident U.S. Real Estate Investors:

Ease of Qualifying: “Make sense underwriting” Our mortgage loans qualify using the cash flow of the property and not the personal financials of the borrower.
Competitive Interest Rates: Our mortgage loans provide non-resident investors with highly competitive interest rates, maximizing their return on investment.

Flexible Loan Terms: Tailored to individual investor requirements, our loan terms offer flexibility, allowing investors to select durations that align with their investment strategies. This includes 40-year tenures with fixed rate 10-year interest servicing only loans.

Streamlined Application Process: Our user-friendly and efficient application process allows non-resident investors to apply for mortgage loans easily, eliminating unnecessary complexities.

Expert Guidance: Our team of seasoned mortgage specialists offers expert guidance throughout the loan process, ensuring a seamless and stress-free experience for investors.

Diverse Loan Options: We provide a comprehensive range of loan options designed to meet the specific needs of non-resident investors, including financing for single-family homes, condominiums, and multi-unit residential properties.

High Loan-to-Value Ratios: America Mortgages offers competitive loan-to-value ratios, enabling non-resident investors to secure significant financing for their real estate investments.

“Our mortgage loan program tailored for non-resident U.S. real estate investors marks an exciting milestone for America Mortgages,” said America Mortgages’ CEO Robert Chadwick. “We aim to simplify the mortgage application process for international investors, equipping them with the financial tools necessary to seize lucrative opportunities in the thriving U.S. real estate market. There are no other companies in the U.S. or globally with this sole focus.”

As a trusted name in the U.S. mortgage industry, America Mortgages has a proven track record of delivering customized solutions to investors worldwide. By adding to our services as the global leader in U.S. mortgage loans for non-resident U.S. real estate investors, we reaffirm our commitment to meeting the evolving needs of our diverse clientele.

For more information about America Mortgages’ best mortgage loans for non-resident U.S. real estate investors, please visit www.AmericaMortgages.com or contact Robert Chadwick at [email protected]

About America Mortgages
Founded in 2020, America Mortgages, Inc. is a wholly-owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages headquartered in San Antonio, TX, with sales offices in 12 different countries, is dedicated to providing U.S. mortgage options for non-resident Foreign Nationals and U.S. Expats. 100% of America Mortgages [AM] clients are living and working outside of the U.S. Both GMG and AM focus on building quality, long-term relationships with its partners such as Private Banks, EAM, Family Offices, Realtors and other mortgage broker located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience. For more information, visit www.americamortgages.com or call +65 8430-1541.

Robert Chadwick
America Mortgages. Inc
+65 8430 1541
[email protected]

America Mortgages and Steadily Insurance Join Forces to Offer Comprehensive Homeownership Protection For Global U.S. Real Estate Investors

Steadily - America Mortgages

Singapore/Texas – America Mortgages and Steadily Insurance have announced a strategic partnership to provide comprehensive protection to homeowners across the United States. This partnership brings together the expertise of two industry leaders, combining America Mortgages’ deep experience in the Foreign National and U.S. Expat mortgage industry with Steadily Insurance’s innovative approach to protecting homeowners from unexpected risks.

Under this partnership, America Mortgages will offer its customers Steadily Insurance’s comprehensive homeowners insurance coverage. Steadily Insurance’s coverage includes protection for a wide range of risks, including damage from natural disasters, theft, and liability claims. Customers of America Mortgages will now have access to this comprehensive coverage, allowing them to protect their homes and possessions from a variety of risks.

“We’re thrilled to partner with Steadily Insurance to offer our customers comprehensive protection for their investment properties,” said Robert Chadwick, CEO of America Mortgages. “This partnership is a natural fit, as both of our companies are committed to helping homeowners achieve their goals of investing in U.S. real estate while also providing them with the protection they need to safeguard their investment properties.”

About America Mortgages

Founded in 2019, America Mortgages, Inc. is a wholly-owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages, headquartered in San Antonio, Texas, with representation in 12 different countries. America Mortgages is the leading mortgage originator with one focus, providing U.S. mortgage financing for Foreign Nationals, Non-U.S. residents, and U.S. expats living and working abroad. With a focus on providing personalized service and competitive rates, America Mortgages has helped thousands of customers across the world secure the financing they need to purchase or refinance their U.S. real estate.

America Mortgages is committed to building quality, long-term relationships with its partners, such as Private Banks, EAM, Family Offices, Realtors and other mortgage brokers located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience.

For more information, visit www.americamortgages.com or call +1 830-217-6608.

About Steadily Insurance

Steadily is a mobile-first, direct-to-consumer insurance service founded by industry experts. With a focus on providing top-rated customer experience and a range of policies designed to meet customers’ needs, Steadily is poised to revolutionize the insurance sector. Headquartered in Austin, Texas, and Overland Park, KS, Steadily is supported by notable investors, including Matrix Partners, Zigg Capital, Nine Four Ventures, and SV Angel.

Customers can learn more about Steadily landlord insurance services and get a quote by visiting https://www.steadily.com. Stay connected with Steadily on Twitter @SteadilyInsure and Facebook.com/Steadily Insurance.

America Mortgages Brings “New Launch U.S. Properties Direct to Asia!” In-Person Seminar

U.S. Investment Propety

America Mortgages Launches No Ratio Mortgage Program for International Real Estate Investors

International Mortgage USA

SINGAPORE, October 27, 2022 /EINPresswire.com/ — America Mortgages, the world’s leading international mortgage brokerage, focusing on U.S. mortgage financing for non-resident investors, today announced the addition of a new Mortgage Loan Program that allows real estate investors to qualify using no ratio underwriting. This mortgage program for international investors features both fixed and adjustable rate mortgages (ARM), competitive rates, high LTV/LVR and loan amounts up to $5 million.

America Mortgages’ new No Ratio mortgage program can be used for investment properties in all 50 states. International borrowers can use credit from their home country to qualify.

Robert Chadwick, CEO of America Mortgages states “What makes this program very unique is that the borrower does not need to provide personal income documentation or rental income. Unlike underwriting requirements for conventional or standard non-QM mortgage loans that rely upon the information contained in tax returns, pay statements, rental income or various other ways to document income, America Mortgages’ no-ratio mortgages rely upon a borrower’s credit and overall financial profile. Self-employed borrowers find the relaxed documentation requirements of a no-ratio mortgage ideal, but it could also prove to be convenient for a salaried borrower with additional income that cannot be readily documented.” He goes on to state “This is a perfect loan program for all real estate investors when a conventional mortgage loan is not an option, and as there are no AUM requirements this is a perfect loan for our private banking clients.”

Although rental rates have increased at a much faster pace than mortgage interest rates, often borrowers have a difficult time qualifying using the standard DSCR formula where the loan qualifies on the projected rental income of the property. This is a perfect substitute for when DSCR or conventional income qualifying loans are not an option. America Mortgages’ No-Ratio loan allows a quick, viable and very aggressive loan option.

“We constantly strive to curate the best U.S. mortgage loan options for our global clients.” Stated Nick Worthing, VP of retail lending for America Mortgages. “As the market changes, we need to be fast, nimble and resilient. That is what keeps our company as the leader in U.S. mortgage financing for foreign national and U.S. expat investors”.

Some of the featured benefits of America Mortgages’ no-ratio mortgage include:

· Aggressive loan-to-value ratio (LTV) as high as 80% for both foreign nationals and U.S. Expats
· No tax returns or income verification
· No U.S. credit required
· Foreign passports allowed
· Investment property only
· Loans up to $5,000,000 or higher in some cases
· Loans available in all 50 states
· No restrictions on cash-out financing
· Interest-only terms available
· Approval within 72 hours

For more information on America Mortgages’ No-Ration U.S. Mortgage loan program, contact [email protected].

About America Mortgages and Global Mortgage Group

Founded in 2018, Global Mortgage Group PTE LTD [GMG], and headquartered in Singapore, is a full-service global mortgage financing firm offering mortgages for investment purposes in The United States, Australia, Canada, United Kingdom, Germany, France, Spain, Singapore, Hong Kong, Philippines, Thailand, Japan to name a few. For more information, visit www.gmg.asia or call +65 9773-0273.

Founded in 2019, America Mortgages, Inc. is a wholly-owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages headquartered in San Antonio, TX, with representation in 12 different countries, is dedicated to providing U.S. mortgage options for non-resident Foreign Nationals and U.S. Expats. 100% of America Mortgages [AM] clients are living and working outside of the U.S. Both GMG and AM focus on building quality, long-term relationships with its partners such as Private Banks, EAM, Family Offices, Realtors and other mortgage broker located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience.

For more information, visit www.americamortgages.com or call +1 830-217-6608.

Robert Chadwick
America Mortgages. Inc
+65 8430 1541
[email protected]
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America Mortgages Announces a Way to Obtain U.S. Mortgages based on Rental Income Only

Global Mortgage Group

America Mortgages, the leader in U.S. mortgage originations launched a non-QM lending program for non-resident investors to qualify purely off the rental income

SINGAPORE, September 21, 2022 /EINPresswire.com/ — America Mortgages, Inc., the leader in U.S. mortgage loan originations for non-resident foreign nationals and U.S. Expats announced today that the company has launched its non-Qualified Mortgage (“non-QM”) lending program for global U.S. real estate investors where showing their “true” ability to service debt is limited. America Mortgages Investor Series Platinum allows foreign and U.S. expat investors in the U.S. real estate market to qualify purely off the rental income rather than proof of personal or business income.

“As we look ahead to a healthy and growing non-QM market, we are excited to provide options to qualified borrowers that sit outside the traditional guidelines, such as entrepreneurs that may have significant paper assets but not provable income in the traditional sense.” said Robert Chadwick, CEO of America Mortgages. “With our leading lending platform, we have the expertise, resources, capabilities and sophisticated products to help complex borrowers find the right lending solutions and pursue their goal of creating a viable U.S. real estate portfolio.”

We have the expertise, resources, capabilities and sophisticated products to help complex borrowers find the right lending solutions and pursue their goal of creating a U.S. real estate portfolio. — Robert Chadwick

Through its America Mortgages Investor Platinum Series, America Mortgages has built a suite of multiple distinct mortgage products that meet the various needs of international borrowers of U.S. real estate who may not otherwise satisfy conventional financing requirements. Those who may be able to benefit from America Mortgages’ non-QM U.S. investment mortgage products include borrowers that fall outside the qualified mortgage requirement such as true foreign nationals and with no U.S. credit, self-employed borrowers, bank statement or asset backed, real estate investors, prime HNW (High-Net-Worth) individuals and more.

Across America Mortgages’ non-QM U.S. investment platform, the company has built an efficient lending process that utilizes both technology and human interaction, guiding borrowers from product selection through loan closing. Dedicated and experienced experts from sales, support desks, underwriting and operations working around the world assist throughout the loan process.

“As we further grow our footprint in Non Resident Foreign National and U.S. Expat mortgage lending, we are committed to underwriting quality loans that meet our guidelines and pricing models. Our product suite is differentiated with various options to fit specific borrower criteria and needs. Matched with our superior customer service, growing technology capabilities and end-to-end platform, each lending experience is treated delicately from start to finish. Our non U.S. resident foreign national borrowers will also benefit from our experience.” added James Morales, Head of Operations of America Mortgages. “100% of our clients are U.S. real estate investors living and working outside the U.S. No one does this type of mortgages better than America Mortgages.”

Headquartered in San Antonio, Texas and Singapore, and with representation across 12 different countries including the UK, Australia, Canada, Europe and Hong Kong to name a few, America Mortgages specializes in finding the right loan for every borrower. With loan officers in 12 different countries, speaking 8 different languages and working on a 24 hour clock, there is no longer the need for international U.S. real estate investors to speak with lenders at 3am or spend hours on hold. America Mortgages’ offers a wide range of U.S. mortgage products that do not require U.S. credit and can get LTVs (Loan to Value) up to 75% in all 50 states. Helping global real estate investors make the dream of U.S. ownership attainable. Visit AmericaMortgages.com for more information on products and instructions on applying for a loan.

About America Mortgages and Global Mortgage Group

Founded in 2019, Global Mortgage Group PTE LTD [GMG], and headquartered in Singapore, is a full-service global mortgage financing firm offering mortgages for investment purposes in The United States, Australia, Canada, United Kingdom, Germany, France, Spain, Singapore, Hong Kong, Philippines, Thailand, Japan to name a few. For more information, visit www.gmg.asia or call +65 9773 0273.

Founded in 2020, America Mortgages, Inc. is a wholly owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages headquartered in San Antonio, TX, with representation in 12 different countries, is dedicated to providing U.S. mortgage options for non-resident Foreign Nationals and U.S. Expats. 100% of America Mortgages [AM] clients are living and working outside of the U.S. Both GMG and AM focus on building quality, long-term relationships with its partners such as Private Banks, EAM, Family Offices, Realtors and other mortgage broker located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience. For more information, visit www.americamortgages.com or call +1 830-217-6608.

Robert Chadwick
America Mortgages. Inc
+65 8430 1541
[email protected]

America Mortgages launches an Equity Release Loan Program to Combat Inflation

Mortgages for Investment

America Mortgages introduces an equity release loan to give international investors of U.S. real estate an effective way to pay off debt from inflation.SINGAPORE, SINGAPORE, September 9, 2022 /EINPresswire.com/ — America Mortgages, Inc. the largest mortgage originator for non-resident foreign nationals and U.S. Expats investing in U.S. real estate and a member of Global Mortgage Group (GMG), today introduced an equity release loan (cash-out) to give international investors of U.S. real estate an effective way to pay off debt that has risen along with inflation.

Globally, everyone is grappling with a higher cost of living expenses and credit – driven by a combination of rising prices, and record-high credit card rates resulting from the Federal Reserve’s aggressive Fed funds rate increases. This combination has consumers looking for options to make their monthly payments more manageable.

“Our goal is to consistently curate U.S. mortgage products that help our non-resident foreign national and U.S. Expat clients achieve their goals,” said Robert Chadwick, CEO of America Mortgages. “In the current market, short-term interest rates have risen sharply – making it much harder to pay off credit card debt and in some cases daily living expenses. This is a global problem that impacts our clients, so it’s important that we act quickly and decisively. With our new America Mortgages equity release loan, clients can improve their lives by cashing-out from their existing U.S. real-estate property holdings, either commercial or residential having a payment they can more comfortably afford while paying off higher interest debt.”

According to the Federal Reserve, in total, there is more than $28 trillion in home equity. At the same time, a recent report from the Federal Reserve Bank of New York shows the U.S.’s total household debt stood at $15.84 trillion as of Q1 2022 – $1.7 trillion higher than at the end of 2019, before the COVID-19 pandemic. The report also showed that credit card balances in Q1 were $71 billion higher than in 2021. “Although these are U.S. figures, the current situation is global. As 100% of America Mortgages’ clients are living and working abroad but owning U.S. real estate, there needs to be a viable solution for these investors as well. We feel we’ve found one which gives our clients time to reset, relax and breathe.” Chadwick stated.

In all 50 states, global U.S. real estate investors can access up to 80% of their property’s equity in 30-40-year term, fixed-rate loans with interest only options available. This new product fits well into the America Mortgages’ platform, providing a financial solution no matter the need. With a variety of mortgage loan options, foreign national and U.S. Expat borrowers can qualify regardless if they have existing property debt, U.S. credit or income proof.

“America Mortgages’ talented and experienced U.S. focused product strategy and capital markets team members came together quickly to develop this important mortgage product, demonstrating the power and flexibility at America Mortgages,” stated Donald Klip, co-founder of America Mortgages.
Foreign National and U.S. Expats can connect with America Mortgages’ Foreign National and U.S. Expat Mortgage Loan Experts at [email protected] to learn more about this product.

About America Mortgages and Global Mortgage Group

Founded in 2019, Global Mortgage Group PTE LTD [GMG], and headquartered in Singapore, is a full-service global mortgage financing firm offering mortgages for investment purposes in The United States, Australia, Canada, United Kingdom, Germany, France, Spain, Singapore, Hong Kong, Philippines, Thailand, Japan to name a few. For more information, visit www.gmg.asia or call +65 8499-3229.

Founded in 2020, America Mortgages, Inc. is a wholly owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages headquartered in San Antonio, TX, with sales offices in 12 different countries, is dedicated to providing U.S. mortgage options for non-resident Foreign Nationals and U.S. Expats. 100% of America Mortgages [AM] clients are living and working outside of the U.S. Both GMG and AM focus on building quality, long-term relationships with its partners such as Private Banks, EAM, Family Offices, Realtors and other mortgage broker located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience. For more information, visit www.americamortgages.com or call +1 830-217-6608.

Robert Chadwick
America Mortgages
+65 8430 1541
[email protected]
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