Author: Premela R.

It’s now easier to apply for a U.S. mortgage loan! 

America Mortgages Launches New Application Platform for Non-Resident U.S. Real Estate Investors

The first step when buying or refinancing U.S. real estate is to get approved. This straightforward process ensures that every client is aware of and understands the mortgage options, associated fees, and is issued a pre-approval letter. This letter serves as assurance to the seller’s realtor that you have already completed the pre-approval process for a mortgage loan and are interested in purchasing their property.

We’ve now made this process easier and more transparent! 

America Mortgages, the leader in financing solutions for non-resident (foreign nationals and U.S. expats) U.S. real estate investors, is proud to announce the launch of its innovative online application platform. Designed with the unique needs of international investors in mind, the platform allows users to seamlessly complete a loan application from anywhere in the world, ensuring an easy, secure, and efficient experience.

The new platform offers a suite of advanced features aimed at simplifying the loan application process for non-residents:

  1. Multilingual Accessibility: Applications are available in a variety of languages, making it easier than ever for international borrowers to navigate the loan process without language barriers.
  2. 32-bit Encryption Security: With robust 32-bit encryption, the platform ensures that sensitive financial documents and personal data remain secure, providing peace of mind for investors.
  3. Personalized Experience: Each borrower receives a tailored experience, including a step-by-step timeline of their application’s progress. Borrowers can track each stage of the process, ensuring they are always informed and engaged.
  4. 24/7 Communication: The platform enables real-time communication with loan officers and support teams around the clock. Borrowers can ask questions, receive updates, and handle any issues without delays, ensuring a smooth loan application journey.
  5. Common Sense Underwriting: America Mortgages has loan programs that qualify only on the rental income of the property on a 1:1 ratio. If the monthly rent can cover the monthly mortgages, the loan will qualify. Loan features include up to 80% LTV, availability in all 50 states, and loan amounts ranging from $100k to $3M.

At America Mortgages, we have one focus: providing market-rate U.S. mortgage loans for non-U.S. residents. This is all we do, and we firmly believe no one does this better. 

The new platform reflects America Mortgages’ commitment to providing innovative, client-centric solutions for global investors. Whether you’re a first-time investor or expanding your portfolio, America Mortgages makes it easier than ever to secure financing for U.S. real estate investments.

Our team works 24 hours a day, 7 days a week, to assist our clients with their needs. If you’re ready to apply for a U.S. mortgage loan, you can use this link.

If you’d like to speak with a loan officer right away, you can call +1 (845) 583-0830, or you can schedule a call with a loan officer anytime here.

We look forward to working with you!

Home Equity on Demand! Asset-Backed Mortgages by America Mortgages

With the collective equity in U.S. real estate reaching $33 trillion, demand for asset-backed mortgages, often called bridge loans, is increasing. According to Business Insider, this surge in real estate equity wealth presents a prime opportunity for U.S. real estate investors to leverage their property value. These short-term loans let investors quickly access property equity to fund various financial goals.

America Mortgages provides customized asset-backed loans, which have become a popular choice for foreign nationals and U.S. expats looking for quick and flexible financing options for a variety of financial needs, such as buying new properties, funding renovations, or addressing business opportunities quickly and easily.

Why Use Asset-Backed Mortgages?

With banks continually tightening requirements for mortgage loans, asset-backed lending is becoming a vital tool for real estate investors. Rather than using personal or company financials, asset-backed mortgages allow investors to use their property as collateral to access cash quickly. These loans help bridge the gap between buying and selling properties, fund renovations, or support business opportunities. This type of financing can be particularly advantageous in scenarios like:

  • Quick Access to Cash: America Mortgages provides funding within 5-14 days, which is crucial for investors who need to act fast when opportunities arise.
  • Flexible Use: Asset-backed mortgages are useful when you need quick access to liquidity in a fast-moving market. They’re also practical if you’ve bought a new property but can’t sell your existing one in time.
  • Alternative for Financial Challenges: For those with financial challenges, including issues with payment history, asset-backed loans offer a workable alternative when traditional financing is difficult to obtain.

Key Benefits of America Mortgages Asset-Backed Loans

  1. High Loan-to-Value Ratios: America Mortgages allows investors to leverage up to 70% of their property’s value, giving them access to significantly more cash compared to standard loans.
  2. Short-Term Flexibility: Loan terms can vary from as short as six months to a few years, offering a temporary bridge to more long-term financing solutions when needed.
  3. Simplified Qualification Process: As with everything we do at America Mortgages, these loans are structured for foreign nationals and expats. These asset-backed loans do not require the rigorous credit checks and income documentation that are typically necessary with traditional loans, making the approval process more streamlined and accessible.

AM Bridge+ Loan Program

The America Mortgages Bridge+ Loan Program provides quick access to capital with competitive rates and streamlined processing tailored to meet the needs of global investors.

Key Loan Features and Requirements

  • Income: No personal income required
  • Credit: No U.S. credit is required
  • Eligible Loan Types: Purchase, refinance, and cash-out refinance
  • Term Lengths: 12-24 months
  • Loan Amounts: US$300,000 to US$100m
  • Payment Options: Monthly, interest-only, interest rolled up
  • Loan-to-Value (LTV): Up to 70%
  • Location: All 50 U.S. States
  • Underwriting: Property value-based only 
  • Amortization: Interest-only Servicing 
  • Closing Time: 5-14 days

Is an Asset-Backed Mortgage Right for You?

If you have equity in a property and need quick, flexible financing, an asset-backed mortgage might be the solution. America Mortgages offers options that help fund property purchases, renovations, and other financial needs—perfect for foreign nationals and U.S. expats seeking fast, flexible solutions.

For more information on how America Mortgages’ asset-backed loans can be advantageous for you, get in touch with us today at +1 (845) 583-0830. Whether you’re purchasing, renovating, or simply looking to tap into your property’s value, an asset-backed mortgage could offer the flexibility you’re looking for. Schedule a meeting with one of our loan officers using our 24/7 calendar link, and let’s turn your home equity into cash.

www.americamortgages.com

Expanded Cash Flow Loans for U.S. Real Estate Investors!

Loans for U.S. Real Estate | U.S. Mortgage

Have you been turned away by U.S. banks because of foreign-earned income? Can’t get a mortgage due to having no U.S. credit history? America Mortgages not only understands, we have lived it. Founded by two American expats, America Mortgages’ loan programs are tailored and specific to non-U.S. residents, whether they are foreign nationals, green card holders, or U.S. expatriates. 

Many overseas investors face challenges when trying to invest in U.S. real estate. Traditional lenders often ask for U.S. credit scores, tax returns, and strict income rules, which makes it hard for international investors to qualify for loans — even when they are more qualified than many U.S. borrowers. 

Having access to leverage in the world’s largest and most stable real estate market should be straightforward, logical, and affordable. But it’s not…until now! 

At America Mortgages, we accepted the challenge of making U.S. mortgage financing available for global real estate investors. That’s why we offer common sense underwriting. Instead of focusing on U.S. credit scores or tax returns, we look at the property’s cash flow and your ability to make payments. This approach makes it easier for foreign nationals and U.S. expats to secure a mortgage and invest in U.S. real estate. 

The Problem with Traditional Underwriting

One of the biggest challenges for international investors is that traditional underwriting relies on U.S. financial records like credit scores and tax filings. For foreign nationals who don’t have U.S. credit, this is a major roadblock.

Even U.S. expats, who may have great credit, can face problems because their income comes from outside the U.S. or they don’t receive a W2 (end-of-year statement). This can lead to rejections or less favorable loan terms, regardless of their relationship with U.S. banks.

Traditional U.S. bank underwriting doesn’t fit the needs of most international investors, creating unnecessary obstacles, stress and complexity when investing in U.S. real estate.

International Mortgages for U.S. Properties:

In certain countries such as Canada, some banks may offer U.S. mortgage financing but it comes with limitations and challenges. Besides impacting the local debt-to-income ratio in their home country, there are limitations on loan-to-value (LTV) and potentially the type of property and location. 

As America Mortgages uses onshore U.S. funding, it does not reflect nor impact the borrower’s home country’s credit report. 

What is Common Sense Underwriting?

America Mortgages uses a different approach with common sense underwriting. This system is built to help foreign nationals and U.S. expats, focusing on the property’s rental income instead of relying on U.S. credit scores and tax documents. This makes it easier for U.S. expat and foreign national investors to get qualified.

Introducing Two New Loan Programs: AM Complete and AM Expanded

AM Complete and AM Expanded – these loans are built on common sense underwriting, meaning they focus on the rental income of the property, not the borrower’s credit history or personal income. 

What Can These Loans Be Used For?

  • Property Purchase: Whether you’re buying your first investment property or expanding your portfolio, our loans can be used for property purchases.
  • Equity Release / Cash-Out: If you already own U.S. property and want to access the equity, you can use these loans for cash-out refinancing, giving you the flexibility to use the funds as needed.

AM Complete Loan Program

The AM Complete loan is designed for foreign nationals and U.S. expats focusing only on the property’s cash flow, not your U.S. credit history or tax returns.

Key Features:

  • Loan amounts from $150,000 to $3.5M
  • Up to 80% LTV for U.S. Citizens and 75% loan-to-value for Foreign Nationals 
  • No U.S. credit required for Foreign Nationals 
  • Interest-only option for the first 10 years, which helps increase rental yields
  • Can be structured for individuals, entities, or trusts
  • Fast, stress-free closing times

AM Expanded Loan Program

The AM Expanded loan is for investors with smaller to medium-sized loans. This program is excellent for those who may not meet strict traditional lending rules for income and property values. Like AM Complete, it focuses on the property’s rental income, not the borrower’s personal income. 

Key Features:

  • Loan amounts from $55,000 to $2M
  • Up to 75% LTV for U.S. Citizens, 70% for Foreign Nationals 
  • Interest-only option for 10 years, which helps increase the rental yields
  • Available only to U.S. entities such an LLC (not individuals)
  • Requires proof of 12 months of payments (non-encumbered)
  • Fast, stress-free closing times 

Why Common Sense Underwriting Works

Common sense underwriting is easier and more practical for foreign nationals and U.S. expats. America Mortgages looks at all investment property as a cash-flowing asset. If the rents cover the mortgage, then the loan will qualify. 

  • Focus on Rental Income: The property’s rental income is the main focus, not your personal income, making it a straightforward way to qualify.
  • Simple Process: With fewer paperwork requirements, such as tax returns, loans get approved faster.
  • More Access: Common sense underwriting opens U.S. real estate to global investors by making it easier for investors to qualify for a U.S. mortgage.

If you’re a foreign national or U.S. expat looking to invest in U.S. real estate, America Mortgages is here to assist. Our AM Complete and AM Expanded loans offer flexible and straightforward solutions focused on rental income and cash flow, making it easier for international investors to invest in the U.S. real estate market.

You can speak to a loan officer anytime by calling us at +1 (845) 583-0830 or schedule a no-obligation meeting using our 24/7 calendar link. We’re ready to help!

www.americamortgages.com

Rent’s are Red Hot, Is Your Portfolio?

International Housing Loans | Home Loan in America

The U.S. housing market is seeing changes as the summer season winds down, and certain cities are standing out as the hottest markets. According to U.S. News & World Report, Austin, Texas, and Kansas City, Missouri, tied for the top spot, according to the U.S. News Housing Market Index (HMI), which ranks areas based on demand, supply, and financial data. As 30-year mortgage rates drop 50bps for the first time in years, buyers and sellers are feeling hopeful for a market rebound.

The Top Housing Markets in the U.S.

  1. Austin, Texas – HMI Score: 72.8

    Austin is booming with job growth and a steady influx of new residents. It has strong demand, with very few rental properties sitting vacant and a demand score of 82.2. While the median home price dropped to $453,000, Austin remains popular thanks to its diverse economy and cool cultural vibe.
     
  2. Kansas City, Missouri – HMI Score: 72.8

    Tied with Austin, Kansas City has seen a rise in demand driven by its affordability. The median home price here went up by 5.7% to $350,000, making it a hot market for buyers and investors. The city has a strong job market and tight housing supply, with just 1.8 months’ worth of homes available.
     
  3. Philadelphia, Pennsylvania – HMI Score: 72

    Philadelphia has seen renewed demand thanks to its affordable housing and access to jobs. The city’s mix of affordability and urban lifestyle has made it one of the most resilient housing markets, attracting more people each year.
     
  4. Omaha, Nebraska – HMI Score: 71.9

    Omaha shines with great financial numbers, scoring 95.4 in the financial category. It’s a very affordable market, and Omaha’s steady job growth makes it a great choice for homeowners and investors.
  5. Houston, Texas – HMI Score: 71.8

    Houston rounds out the top five with high demand and solid financial stability. The city offers affordable housing prices and job growth, making it attractive to renters and buyers.

What’s Driving These Markets?

The cities at the top of this list share common features: growing job markets, affordable housing, and a steady supply of homes. Cities like Austin and Kansas City provide a nice balance of urban amenities without the high prices you’d find on the coasts.

Housing Trends to Watch

According to U.S. News & World Report, it’s good to keep an eye on markets like Denver, North Port (Florida), and Durham, North Carolina, which have all improved in their rankings between December 2023 and June 2024. Baltimore and New York City are also seeing rising demand, even as the economy fluctuates.

As the housing market stabilizes, expect Austin, Kansas City, and Omaha to keep doing well. With lower mortgage rates and strong job growth, these cities are ideal for buyers and investors.

Invest in These Markets with America Mortgages’ Rental Coverage+ Loan Program

For investors, America Mortgages’ Rental Coverage+ Loan Program is a great way to break into these hot markets. This program lets you qualify for a loan based on the property’s rental income, not your personal income. Here’s what you get:

Key Features:

  • Property Type: 1-4 units (one property)
  • Minimum Loan Amount: US$100,000
  • Loan-to-Value: Up to 80% for purchase & 70% for cash-out
  • Underwriting: Based on the property’s rental income
  • Credit Requirements: No U.S. credit required
  • Income Requirements: No personal income required
  • Closing Time: 30-45 days

If you’re interested in investing in U.S. real estate, whether you’re a U.S. expat or foreign national, America Mortgages is here to help. You can schedule a chat with a loan officer anytime, or if you want to speak to someone right away, call us at +1 (845) 583-0830. We’re ready to assist! You can also reach us at 

[email protected] or visit our website at www.americamortgages.com to get started.

U.S. Real Estate Investing Made Easy. Qualify Only On the Rental Income!

U.S. Real Estate Investing | International Mortgage

Great news! America Mortgages is proud to announce that we are now a direct mortgage lender. Whether you’re a foreign national, U.S. expat, new to real estate investing, or a seasoned investor, this means faster processing times, better rates, and more control over the loan process.

One of our key offerings is our improved cash flow loan, the AM Rental Coverage+ loan program.

How it Works

If you were to buy a commercial building that relied on cash flow, you wouldn’t qualify using your personal income. That just wouldn’t make sense. That is how we look at buying an investment property which has or will have cash flow. That makes sense!  

Our rental coverage loan is a straightforward way to evaluate a property’s ability to generate enough rental income to cover its mortgage payments. At America Mortgages, we offer rental coverage loans designed specifically for investors, removing the need for personal income documentation. Instead, we focus on the property’s ability to generate rental income, simplifying the approval process. Common sense underwriting! 

How to Qualify Without Showing Personal Income

At America Mortgages, we understand that real estate investors want smarter ways to obtain mortgage financing. The old days of translations of tax returns, conversions of funds, Requirements for a U.S. bank account, U.S. footprint, etc., are no longer required!

Regardless if you’re a foreign national or U.S. expat, the AM Rental Coverage+ loan program gives you the flexibility of fast underwriting, quick decisions and a variety of terms. 

What is needed to qualify:

  • No income tax returns or pay statements required: Instead, qualification is based on the projected or current rental income of the property using a 1:1 ratio. 
  • Focus on property income, not personal income: You don’t need to provide proof of personal income, making it easier for foreign nationals and U.S. expats with foreign-earned income.
  • No U.S. credit required: If you’re a U.S. Expat, you’ll need to have U.S. credit. If you’re a non-U.S. citizen / Foreign National – No U.S. credit is required!
  • Proof of funds: Provide two months of bank or financial statements showing you have sufficient funds for your down payment and closing costs. Foreign banks allowed. 

It’s that simple!

Why U.S. Real Estate?

The U.S. real estate market is the largest and the most resilient in the world. Every year, non-U.S. residents purchase a minimum of $50B worth of U.S. residential properties. What do they know?

Here are a few key reasons:

  • No Stamp Duty: Unlike many other countries, the U.S. does not impose stamp duty on property purchases, lowering your upfront costs.
  • Favorable Tax Laws: The myth that U.S. taxes eat up all property yield is exactly that, a myth. In fact, it is the exact opposite. For U.S. Expats and Foreign Nationals, U.S. tax regulations are designed to benefit real estate investors, including favorable depreciation and deduction rules.
  • Ownership Flexibility: Investors can choose to own properties individually or through entities such as LLCs, which provides flexibility in management, liability, and tax advantages.
  • Stable Market: The U.S. real estate market remains a reliable investment, known for its stability and long-term growth.
  • Top Rental Yields: U.S. real estate offers some of the best rental yields globally, making it an attractive option for investors.
  • 30-Year Fixed Loans: The U.S. is one of the only countries that offers 30-year fixed-rate loans, giving investors long-term security and predictability, regardless of the borrower’s age.
  • Interest Only: You have the option to choose between a traditional principal and interest loan or the flexibility of an interest-only option fixed for 10 years—a powerful way to optimize yields.
  • Low Barrier to Entry: With loan amounts as low as $100,000 and LTVs as high as 80%, anyone can build wealth as a U.S. real estate investor.

What Does This Mean for You?

With America Mortgages now lending, we can provide even better loan options for global investors. Our AM Rental Coverage+ loan program is designed to give you the flexibility and ease you need when investing in U.S. real estate.

Key Loan Program Details:

  • Property Type: 1-4 unit properties.
  • Minimum Loan Amount: US$100,000.
  • Loan-to-Value: Up to 80% for purchases and 70% for cash-out refinances.
  • Underwriting: Based on the property’s rental income, with no personal income required.
  • Credit Requirements: No U.S. credit required.
  • Closing Time: Quick, with closings in 30-45 days.

Is Now the Time to Invest or Wait for Further Rate Cuts?

Everyone is aware of the recent 50 basis point cut on September 18th. It’s likely rates may decrease further. If you’re waiting for additional rate cuts, you’ll likely be joining the millions of U.S. owner-occupied borrowers who are also waiting. In our opinion, with America Mortgages’ creative loan programs, very favorable current rates and the fact it is still a “Buyer’s Market”, now is the time to strike. If rates decrease again, it will likely trigger the pent-up demand which has been brewing amongst all buyers. Once owner-occupied and investor buyers flood back into the market, it will likely increase prices, limit availability and turn the market back into a “Seller’s Market”.  

America Mortgages has one job – helping foreign nationals and U.S. expats secure U.S. mortgages. To learn more, feel free to contact us at [email protected], visit our website at www.americamortgages.com or if you are ready to apply for a U.S. mortgage, you can use our secure application to apply.

If you’d like to discuss U.S. mortgage loans in more detail, you can reach a U.S. loan officer 24 hours a day, 7 days a week at +1 845-583-0830 or schedule a no-obligation meeting using our 24/7 calendar link.

www.americamortgages.com

Save $10,000 on Your U.S. Mortgage with America Mortgages!

U.S. Mortgage | Mortgage For Foreigners In USA

Recent research from Polygon, supported by Willow Canyon Advisors and United Wholesale Mortgage (UWM), found that working with an independent mortgage broker saves borrowers an average of $10,662 over the life of a loan compared to non-bank retail lenders. This perfectly aligns with what America Mortgages is all about: offering better value, more options and smarter solutions to its clients.

Why Borrowers Save More with Independent Brokers

According to the study, in 2023, when interest rates were “historically high”, borrowers in the broker channel paid an average of 115 basis points upfront for a 6.58% interest rate, while retail borrowers paid 148 basis points for a slightly higher 6.60% rate. Though the difference seems small, it adds up to significant savings over the life of the loan.

In addition to these financial advantages, America Mortgages offers an expertise that very few, if any, brokers are able to provide. 100% of our clients are either foreign nationals or U.S. Expats. Having loan officers globally, we work on your time and often in your language. We guide you through the mortgage process to secure the best terms and an enjoyable client experience.

What Makes America Mortgages Stand Out?

America Mortgages isn’t just the leading U.S. mortgage provider outside the U.S.; it’s a trusted partner for clients across the globe. America Mortgages delivers competitive interest rates, a wide variety of loan products, and substantial savings over the life of the loan. In a global market that’s constantly changing, having a flexible, experienced mortgage partner is essential.

Key Benefits of Working with America Mortgages:

  • $10,662 in Savings: On average, independent brokers save clients more than $10,000 over the life of a loan.
  • Higher Approval Rates: The broker channel has a proven track record of securing higher loan approvals for international borrowers, and America Mortgages has a 97% approval rate!
  • Personalized Service: America Mortgages offers tailored mortgage solutions designed to meet the unique needs of U.S. expats and foreign nationals.

At America Mortgages, we encourage investors to seize the opportunities that current market conditions present! To support your investment goals, we offer customized loan programs designed to ensure you don’t miss out:

AM Rental Coverage +

  • Property Type: 1-4 units (one property)
  • Minimum Loan Amount: US$100,000
  • Loan-to-Value: Up to 80% for purchase & 70% for cash-out
  • Underwriting: Based on the property’s rental income (personal income not required)
  • Credit Requirements: No U.S. credit required
  • Closing Time: 30-45 days

If you’re looking to invest in U.S. real estate, whether you’re a U.S. expat or foreign national, America Mortgages is the expert partner you need to make homeownership more accessible and affordable.

You can schedule a time to chat with a loan officer 24/7, or if you’d prefer to speak with someone right away, call us at +1 (845) 583-0830. We’re ready to assist!

6.8% cap rate multi-unit LA + Don’t wait for interest rates to drop before reading this!

Cap Rate Mortgage | US Mortgage Bank

[Super rare] Newly-constructed multi-family unit in Los Angeles with a 6.8% cap rate!

4 Units x 5 bedrooms + 5 bathrooms + attached garage (total 20 bedrooms!). Approximate Lot Size: 7,499 sq. ft. Year Built: 2024

The property will be delivered with a 5-year master lease with government-assisted transitional housing organization.

Located just 0.2 miles from the University of Southern California’s Health Sciences Campus and offers easy commutes to Downtown Los Angeles, Mid-City, and the Westside.

The 2024 construction ensures no deferred maintenance and strong in-place income. The property will be delivered fully occupied through 2024-2029, providing investors with immediate stabilized cash flow greater than 6.8% cap rate on current income.

Projected Monthly Rent: Y1 $23,000; Y2 $23,690; Y3 $24,400; Y4 $25,132; Y5 $25,886

Contact me directly for pricing and financing options.

Cap Rate | America Home Mortgage

A unique opportunity is emerging for U.S. expats and foreign national investors: the potential for a U.S. interest rate cut, which could lead to an immediate rise in real estate values. Recent comments from Federal Reserve Chairman Jerome Powell suggest that lower rates are imminent, which could create a huge opportunity for our clients to act.

What U.S. Expat and Foreign National Investors Should Expect

Markets and financial analysts are firmly expecting the Federal Reserve to cut interest rates at its upcoming meeting on September 18. This expectation is grounded in recent signals from the Fed, including comments from Jerome Powell at the Jackson Hole Economic Symposium, where he hinted that the time has come for policy adjustments.

As we’ve always said, if U.S. interest rates decrease, property prices will increase. Lower rates typically result in increased market activity, with more domestic and international buyers eager to secure properties at lower financing costs. For U.S. expats and foreign nationals, this could mean a potential increase in competition for U.S. real estate, which may drive up property prices.

30-Year Fixed Rate Mortgage Average in the United States

Fixed Rate Mortgage | Mortgage For US Expats

However, this also presents a strategic advantage for overseas investors. By acting before rates drop further and competition intensifies, investors can purchase a property before market demand pushes prices higher.

The Golden Opportunity

The possibility of a U.S. interest rate cut presents a golden opportunity for savvy investors. With the potential for lower borrowing costs and a more competitive market, acting now could position you ahead of the curve, allowing you to secure U.S. properties at favorable prices before the market shifts.

Why Now is the Time to Act

At America Mortgages, we understand the unique needs of U.S. expats and foreign national investors. We believe that this moment calls for decisive action. Waiting for rates to decrease further might mean missing out on prime U.S. properties at today’s prices. With the market poised for a possible surge in activity, those who move quickly — will likely benefit from more favorable purchasing conditions.

AM Investor +

  • Property Type: 1-4 units (one property)
  • Minimum Loan Amount: US$150,000
  • Loan-to-Value: Up to 75% for purchase & 70% for cash-out
  • Underwriting: Based on an income letter, not personal tax returns
  • Credit Requirements: No U.S. credit required
  • Tax Requirements: No tax returns required
  • Closing Time: 30-45 days

These offerings are designed to simplify the process and make U.S. real estate investment more accessible and rewarding for U.S. expats and foreign national investors.

Position Yourself for Success

We believe that by acting now, you can position yourself ahead of the curve, securing a property before the market shifts and competition intensifies. It’s still a buyer’s market, however, how long that will last is uncertain. 

America Mortgages is committed to providing the best loan solutions and expert guidance to help U.S. expats and foreign national investors navigate this potential turning point in the U.S. real estate market. With our enhanced loan programs, investors have the tools they need to make smart investment decisions. 

If you would like to discuss your loan options, schedule a call with one of our U.S. Loan Specialists 24 hours a day, 7 days a week. If you’d like to speak with someone right away, please call us at +1 (845) 583-0830.

Don’t miss out on what could be a significant moment for your investment portfolio. Contact us today to explore how we can help you take advantage of this unique opportunity.

2024 Housing Market Showdown: What’s Your Next Move?

2024 Housing Market | America Home Mortgage

As the 2024 presidential election approaches, the potential impacts on the U.S. housing market are at the forefront of many investors’ minds. Whether Donald Trump or Kamala Harris wins the presidency, the policies and economic strategies of the next administration will undoubtedly influence the real estate landscape, especially for U.S. expats and foreign national investors.

Trump Wins! What’s Next for the Housing Market?

A Trump victory could bring significant changes to the U.S. housing market. Trump’s approach is likely to focus on deregulation and tax cuts, which could stimulate real estate investments. Experts suggest that Trump’s policies might lead to a surge in refinancing and home sales, particularly if he influences the Federal Reserve to lower interest rates. However, while deregulation could boost the housing supply, it may also lead to increased inflation and higher interest rates over time.

Key Predictions:

  • Deregulation: Potentially easier building and zoning regulations, increasing the housing supply.
  • Economic Policies: Tax cuts and business incentives may boost demand for homes.
  • Interest Rates: Potential for lower interest rates, encouraging more real estate investments.

Harris Wins! What’s Next for the Housing Market?

In contrast, a Kamala Harris presidency is expected to emphasize affordable housing and economic equity. Harris is likely to continue the current administration’s policies, focusing on capping rent increases and supporting affordable housing projects. While these policies could stabilize housing prices and make homeownership more accessible, they may also introduce tighter regulations, potentially slowing down real estate investments. Additionally, the higher interest rates seen under the current administration may continue, which could temper the housing market’s growth.

Key Predictions:

  • Affordable Housing Initiatives: Increased support for affordable housing projects and first-time homebuyers.
  • Economic Stimulus: Continued government spending on infrastructure and social programs, potentially boosting housing demand.
  • Interest Rates: Higher borrowing costs could slow the pace of home price increases.

What This Means for U.S. Expats and Foreign National Investors

Both election outcomes present unique challenges and opportunities for U.S. expats and foreign national investors. Under a Trump administration, the potential for deregulation and lower interest rates could accelerate market growth, making it an opportune time to invest in U.S. real estate. Conversely, a Harris administration might focus on long-term stability and affordability, which could benefit investors looking for sustainable, socially responsible opportunities.

Regardless of the election outcome, America Mortgages remains committed to supporting non-resident investors in navigating these changes. Our loan programs are designed to cater to the unique needs of international investors, offering tailored solutions whether you’re looking to capitalize on a booming market or secure a stable, long-term investment.

Featured Loan Program: AM Investor +

  • Property Type: Single-family homes, Multifamily, Condo, apartments, second/holiday homes, investment properties.
  • Minimum Loan Amount: US$150,000
  • Loan-to-Value: Up to 75% for purchase & 70% for cash-out
  • Underwriting: Based on an income letter, not personal tax returns
  • Credit Requirements: No U.S. credit required
  • Tax Requirements: No tax returns required
  • Closing Time: 30-45 days

Whether Trump or Harris takes office, we believe the U.S. real estate market has outperformed the last few years. 

With the projected rate cuts and housing shortage, we are looking at a red-hot real estate market! 

America Mortgages isn’t merely a mortgage provider; we are your trusted partner in navigating these changes and achieving your investment goals. Your success is our success. 

For more information about our loan programs and how we can assist you, Contact our experienced loan officers today via our 24/7 link to start your U.S. real estate investment journey. Alternatively, you can reach us at +1 (845) 583-0830 24 hours a day/7 days a week.

Q&A: U.S. Mortgage Update: Big Rate Drop

U.S. Mortgage Update | International Mortgage Loans

Robert Chadwick, CEO of America Mortgages, and Donald Kilp, Co-founder of Global Mortgage Group, provided valuable insights in this webinar, which highlights the implications of U.S. mortgage trends, including the latest rate drops, market strategies, and investment opportunities. For those who couldn’t attend, the recording is now accessible here.

During the session, Robert Chadwick (RC) and Donald Kilp (DK) addressed a variety of inquiries, offering informative responses to help investors make informed decisions in the current market environment. Remarks have been edited for clarity and brevity.

1. What’s the likelihood of being pre-approved?

DK: Highly likely, depending on the loan program you’re seeking.

2. What is needed for the loan application? What documents should I have ready?

RC: To get a pre-approval for the loans, you’ll need your passport if you’re a foreign national. The biggest hurdle is usually the down payment for the property. For AML (Anti-Money Laundering) purposes, any money used in the transaction needs to have been in your account for a minimum of 60 days. The funds can be in a U.S. or overseas account. Once you submit all the necessary documents, your loan officer will review them along with the application, and you can receive a pre-approval in 24 hours.

3. Rates have come down but will they stay down?

DK: It’s uncertain, but it’s expected that rates will either stay flat or continue to go down over the next few years.

4. What would cause a loan application to be rejected?

RC: There are a few possibilities, such as insufficient credit for U.S. expats or a debt-to-income ratio that doesn’t work. However, American Mortgages has loan programs that can address these issues. Generally, it’s not about whether the loan qualifies or not, as they qualify 97% of their loans. The primary concern is whether the rental income covers the mortgage payment. If it doesn’t, it might just mean that you need to bring in a bit more cash.

5. What’s the most popular loan program America Mortgages offers?

RC: The “Rental Coverage Plus” loan program.

6. Which banks do you work with for the underwriting and disbursement?

RC: As of last December, we became a direct lender ourselves, which allows us to lend in our own name and gives us more control over our loan programs. For loans that do not qualify for our own lending, we have a variety of other options available. 

7. Are the banks the same as for a U.S. resident?

DK: We don’t use traditional banks, even for U.S. citizens. Instead, we work with banks that understand the unique needs of foreign nationals and expats. This approach is particularly effective when dealing with foreign-earned income.

8. Can the loan commitment be less than 30 years?

RC: Absolutely. If you prefer, you can choose a 15-year term instead of the standard 30-year term. While most of our loans are 30-year fixed to provide safety and security, you’re free to pay off your loan faster, make double payments, or opt for a reduced 15-year term. However, if you’re qualifying based on rental income, shortening the amortization period might present some challenges, but it is entirely possible and acceptable.

9. How do we make sure what the rental price is?

RC: To ensure the rental price is accurate, we order a supplement alongside the appraisal or valuation of the property. This supplement provides the exact average rent for the specific property, which is the number we use to qualify the loan. This process not only protects the lender but also protects you by ensuring that the rental income you expect aligns with the actual market data, confirming what you’ve been told by your realtor.

10. Could you give us an example of the type of properties that will not be able to get financing?

RC: Difficult to finance properties include rural properties, mobile homes, manufactured homes, and co-ops.

11. Some investor loans that fall into the better financing deals have a 4-unit max.

RC: Generally, our standard loan offerings, especially those we provide ourselves, are for properties with one to four units, and we handle these every day. However, we also have loan programs available for properties with five to eight units. If you find a fantastic property within this range, we can provide a loan for up to 75% loan-to-value for properties with up to eight units.

12. Can I close my existing loan midway through the tenor and reset my rate?

RC: Yes, you can close your existing loan midway through the tenor and reset your rate, but be aware of the prepayment penalty that typically applies to investment properties. This penalty usually decreases each year. If interest rates go down, you can calculate the break-even point to determine if refinancing makes sense. Once the prepayment penalty period ends, you can refinance without any penalties, whether you want to switch to a shorter loan term, pay off the loan, or even take out a brand new loan and pull cash out.

13. What is the minimum down payment required to qualify for a loan?

RC: 25% for foreign nationals with no U.S. credit; 20% for U.S. expats.

Robert Chadwick, CEO of America Mortgages, and Donald Kilp, Co-founder of Global Mortgage Group, provided valuable insights in this webinar, which highlights the implications of U.S. mortgage trends, including the latest rate drops, market strategies, and investment opportunities. For those who couldn’t attend, the recording is now accessible here.

During the session, Robert Chadwick (RC) and Donald Kilp (DK) addressed a variety of inquiries, offering informative responses to help investors make informed decisions in the current market environment. Remarks have been edited for clarity and brevity.

www.americamortgages.com