The Client

Our client was a former doctor at John Hopkins but moved back to Edinburgh, Scotland. He saw firsthand the number of international students applying to the university and the lack of housing.

How We Helped

Our client identified a cash-flow positive property that was currently rented to students. As he used to live and work in the U.S., he assumed he could call the local bank he used while living in the U.S. Even though he still maintained a checking and savings account with the local bank in Baltimore, they were unable to offer him a mortgage for the purchase. He came across our company online, was pre-approved in one week, and closed the transaction within a month.

Loan Details

NationalityProperty ValueLoan AmountLTVRate
U.K. Citizen $810,000 $567,000 70% 6.125%
Term Address Property TypePurposeLoan TypeHome use
5/1 ARM Baltimore, MarylandThree-unit triplex Purchase Residential Rental apartments for International Students
Nationality U.K. Citizen
Property Value$810,000
Loan Amount$567,000
Rate 6.125%
Term5/1 ARM
Address Baltimore, Maryland
Property TypeThree-unit triplex
Purpose Purchase
Loan TypeResidential
Home useRental apartments for International Students

Schedule a call with our U.S. Mortgage Specialist.