The Client
Our client, Digby R, is a senior investment banker living in London. He is planning to make a switch from banking to be a CFO of technology and wanted to buy a place in Los Angeles to rent it out in advance.
How We Helped
Unable to find any bank that could help him given his ‘overseas’ income and the late nights trying to research almost made him give up. Then he reached out to America Mortgages on a referral by a former customer.
We managed to get him an incredible rate for a Foreign National at an incredible 3.35% for a shorter-term fixed period, which was perfect for his timing. Digby is now an owner of an incredible property in Pasadena and he is ever so grateful!
Loan Details
Nationality | Property Value | Loan Amount | LTV | Rate | Term |
U.K. Citizen | $2,600,000 | $1,600,000 | 60% | 2.85% | 3-year fixed, 30-year amortised |
City, State | Property Type | Purpose | Loan Type | Home use |
Pasadena,
California | Single-Family Home | Purchase | Residential | Investment |
Nationality | U.K. Citizen |
Property Value | $2,600,000 |
Loan Amount | $1,600,000 |
LTV | 60% |
Rate | 2.85% |
Term | 3-year fixed, 30-year amortised |
City, State | Pasadena,California |
Property Type | Single-Family Home |
Purpose | Purchase |
Loan Type | Residential |
Home use | Investment |
- Don’t Miss out on Investing in Your Children’s Future – Introducing AM Student+ Loan Program
- Top 10 Multi-Million Dollar Home Sales in 2022
- Have you heard of the BRRRR Method?
- Our Parent Company Offers International Property Loans in 15 Countries!
- Property Experts Make the Case for U.S. Real Estate Investing
- Top 10 Hottest U.S. Rental Markets Now