Author: Premela R.

Are your children attending university in the U.S.? Have they secured their F1 visa but are now faced with the challenge of finding suitable accommodation during their study period? Have you considered buying U.S. real estate not only as an investment but to also give your children a stable, safe place to live? 

Stand by…We have exciting news for you! 

America Mortgages recently launched an exclusive loan program, AM Student+, designed specifically for parents like you. As a parent, you can now qualify for a mortgage to purchase a home for your children to live in, whether you plan on going back and forth or if your children will reside there solely during their school years. This exceptional loan program offers up to 75% financing in all 50 states, enabling you to provide the ideal housing solution next to your children’s chosen university. The best part about this program is you no longer need to qualify using your personal income documentation! 

Simplified Qualification Process

Traditionally, qualifying for a second property in the U.S. requires personal income documentation and consideration of debt-to-income ratios in the U.S. and your home country. However, our program revolutionizes the process. With AM Student+ loan program, you can qualify using just the projected rental income of the property, even if your child will be the one residing in the property. This feature streamlines the qualification process, making it more accessible for parents to invest in properties for their university-bound children.

Loan Highlights

Our loan program offers several attractive highlights:

• Qualify using the projected rental income of the property: Instead of relying on personal income documentation, our program evaluates the property’s potential expected rental income, making qualification easier, quicker, and more efficient. 

• Flexible loan amounts: With a minimum loan amount of $150,000 and a maximum loan amount of $3 million, our program accommodates a wide range of investment options. 

• No U.S. credit needed: As a foreign national or non-resident parent, establishing a U.S. credit history can be challenging. With our program, no U.S. credit is required, making it accessible for parents residing outside of the country. 

• Suitable for 1-4 unit properties: Whether you’re considering a single-family home or a multi-unit property, our loan program covers a range of property types to fit your specific needs. 

• No personal income documents required: By eliminating the need for personal income documentation, our program simplifies the application process, saving you time and effort. 

• Competitive loan-to-value (LTV) ratios: For refinancing/equity release, we offer up to 70% LTV, while for purchase transactions, we provide up to 75% LTV.

• Great Rates with Flexible Terms – Our rates are some of the most competitive in the market, but we offer so much more. Interest-only options and loans with fixed tenures of up to 40 years regardless of the parent’s age. 

Investing in suitable housing for your children during their university years is now within your reach, thanks to AM Student+ mortgage loan program. By qualifying using the projected rental income of the property, you can overcome the traditional challenges of personal income documentation and debt-to-income ratios. With up to 75% financing available, covering all 50 states, this program empowers parents to provide their university-bound children with comfortable living arrangements next to their chosen universities.

Seize this exceptional opportunity to invest in your children’s education and well-being. What are you waiting for? Contact us today at [email protected] to explore how the new AM Student+ loan program can help you secure the ideal housing solution for your university-bound children. Don’t miss out on this exceptional opportunity.

As a company, America Mortgages‘ only focus is providing U.S. mortgage financing for Foreign Nationals, Non-Residents, and U.S. Expats. 100% of our clients fit that profile, and no one does it better. 

www.americamortgages.com

Real estate has long been a favoured investment choice for many global investors, including U.S. expat and non-resident investors seeking long-term returns. With the current market conditions and volatility, experts have been making their case for investing in hard assets like real estate.

Experts suggest that real estate investments are less susceptible to short-term market fluctuations and offer more stable returns over the long term. They also offer an inflation hedge, as real estate prices tend to rise along with inflation, preserving the purchasing power of investors, regardless of their residency status.

Another reason for investing in real estate is the ability to generate passive income through rental yields. Rental yields tend to be stable and can provide investors with a steady source of income. This makes real estate a popular choice for U.S. expat and non-resident investors seeking regular cash flow and long-term capital growth.

There are also various ways to invest in real estate, such as direct ownership, real estate investment trusts (REITs), or private equity funds. This diversity of investment options provides investors, including U.S. expats and non-residents, the flexibility to choose the best option that fits their investment goals, risk tolerance, and liquidity requirements.

For those looking to invest in real estate, experts suggest that research and due diligence are crucial. This involves understanding the local property market and the specific risks and opportunities associated with the investment. In particular, U.S. expats and non-resident investors need to consider factors such as local demand and supply dynamics, rental yields, potential regulatory changes, and tax implications that may impact their investment.

Experts advise investors to work with experienced and reputable professionals, such as real estate agents, brokers, and lawyers, who can provide guidance and support throughout the investment process. This is particularly important for U.S. expat and non-resident investors who may need to become more familiar with the local market or regulations. By partnering with America Mortgages, investors gain access to specialized expertise in international transactions and a deep understanding of the real estate landscape. 

Together with our trusted network of professionals, we ensure that you receive comprehensive assistance and make informed decisions in your real estate ventures.

Investors also need to consider the financing options available to them. America Mortgages specializes in providing tailored financing solutions to address the unique needs of non-resident investors. We understand the challenges they face and we offer a range of financing options for non-resident investors. 

Finally, experts suggest that investors need to have a long-term perspective when investing in real estate. Real estate is not a get-rich-quick scheme and requires patience, diligence, and a willingness to ride out market fluctuations.

Investing in real estate is an attractive option for investors seeking stable returns, passive income, and a hedge against inflation. With a variety of investment options available and long duration fixed rates, real estate can provide investors, including U.S. expats and non-residents, with a valuable addition to their investment portfolio. 

In the world of real estate investing, America Mortgages is your trusted partner. We specialize in serving U.S. expat and non-resident investors and understand the unique challenges and opportunities that these investors face. With our extensive experience and expertise, we provide tailored solutions to help you navigate the exciting world of real estate investment. From competitive mortgage rates to personalized guidance, we are committed to helping you make informed decisions and succeed in your real estate endeavours. Contact us today to explore the opportunities that await you with America Mortgages. [email protected].

www.americamortgages.com

If you’re a non-U.S. citizen interested in buying an investment property in the United States, you might think getting a mortgage is out of the question. However, this is not necessarily the case. It is possible to obtain a U.S. mortgage even if you are not a U.S. citizen or have a green card.

The type of mortgage you can obtain depends on your residency status. If you are a permanent resident alien with a green card, you can apply for a mortgage in much the same way as U.S. citizens. You will need to provide documentation showing that you have a green card and a social security number. Lenders will look at your credit history and financial situation to determine whether you are eligible for a loan.

If you are a non-permanent resident alien, meaning that you don’t have a green card but you do have a social security number or an ITIN (Individual Taxpayer Identification Number), in that case, you can still obtain a mortgage. To do so, you will need to provide a work permit or special employer-sponsored visa, and lenders will need to verify that you can live and work in the United States for at least three years.

Non-U.S. citizens who do not have lawful residency in the United States are not eligible for Fannie Mae, Freddie Mac, or FHA home loans. However, there are still many options available to them. Foreign national loans are available for non-residents who want to purchase a vacation or investment property in the U.S.

America Mortgages is the industry expert in foreign national loans. We offer two popular programs:

•  AM Express+: This program is designed for borrowers who cannot show the required income for various reasons, such as self-employment, lumpy income, or privacy concerns. It doesn’t require income verification, U.S. credit, or residency and has a high LTV (loan-to-value) ratio of 75%.

•  AM Investor+: This program is designed for borrowers who can show their foreign income through a simplified process, qualifying much like a U.S. citizen. Rates are comparable to what a U.S. citizen would pay, and the LTV can go as high as 75% without reserves required.

America Mortgages is the only global mortgage originator laser focused on U.S. real estate financing with offices in Singapore, Hong Kong, and Shanghai, London, Paris, and Sydney. They offer borderless mortgages, making it easy for U.S. expats and foreign nationals to purchase property in the U.S. without ever leaving their home country or country of residence.

One of the challenges that foreign borrowers face when trying to obtain a U.S. mortgage is the lack of credit history. It can take years to accumulate enough credit history to generate a good score. However, America Mortgages can accept a foreign credit report instead of a standard U.S. credit report. This is a unique feature that sets America Mortgages apart from other US-based lenders and brokers.

If you are a U.S. expat who files U.S. taxes but works for a foreign company and doesn’t receive a W2, America Mortgages has a program for you. Our expat mortgage program looks at your foreign income just as it would if it were paid in U.S. dollars. Your W2 is offset with other documents, and your loan is processed just as it would if you were in the U.S. This program does require sufficient U.S. credit, but if U.S. credit isn’t an option because you’ve been abroad for many years, America Mortgages has programs for these borrowers as well.

In summary, non-U.S. citizens can obtain a mortgage in the United States regardless if they have a green card or social security number. Foreign national mortgage programs, like the ones offered by America Mortgages, have made it easier for borrowers outside the U.S. to finance second homes or investment properties in the country. These programs allow borrowers to make smaller down payments and receive competitive interest rates. America Mortgages also offers programs for U.S. expats and those without sufficient U.S. credit, making it a welcoming option for almost every type of borrower.

www.americamortgages.com