The Client
Our client had a limited budget and nothing available back home or in Munich in his price range. He found a small Single-Family Home in Dayton, Ohio, and came to us about a loan.
How We Helped
Our client had two rental properties in Germany that yielded 1% on average and had appreciated less than 8% over a 10-year period. He wanted to put his money to better use, and after extensive research on various global markets, he picked Ohio. As he was referred to us by a colleague who had closed a loan with our parent company GMG last year, he knew the type of financing we could arrange.
No U.S. credit. No U.S. income. Limited down payment. No problem. We were able to arrange 70% financing and closed the purchase within 33 days of entering the contract.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| Swiss Citizen | $145,000 | $101,500 | 70% | 5.875% |
| Term | Address | Property Type | Purpose | Loan Type |
| 30 year fixed | Dayton, Ohio | Single-Family Home | Purchase | Residential |
