Tag: single-family home

Australian executive purchases apartment unit in St. Louis, Missouri.

Post author By Premela R.
Post date September 2, 2021

The Client

Our client, an Australian Executive, wanted to invest in an apartment unit that was in an unliveable condition in St. Louis, Missouri, to fix and hold it.

How We Helped

Finding a lender was not easy for our client as he had no U.S. credit. He reached out to us in hopes that we’d be able to assist him. Within 20 days, our team found a lender using his local credit score and ARV and at an amazing rate of 7.85%!

We found the client a very competitive foreign national mortgage, and they were able to take advantage of this Tax Incentive.

Loan Details

Nationality	Property Value	Loan Amount	ARV	Rate
Australia Citizen	$450,000	$247,500	50%	7.85%

Term	Address	Property Type	Purpose	Loan Type
12 Months	St. Louis, Missouri	Single-Family Home	Fix-and-Hold	Residential

Tags Australian executive purchases apartment unit, foreign national us mortgage, Missouri, no us credit, single-family home, St. Louis, us mortgage for non resident

U.S. Expat buys distressed property in Oregon to fix and sell

Post author By Premela R.
Post date September 2, 2021

The Client

U.S. Surgeon living in Toronto was looking to purchase a Flix-and-Flip property in Oregon as an investment, mainly to earn rental yield.

How We Helped

Fortunately for our clients, situations like this are our specialty. We secured a loan for ARV (after-repair-value) using a short-term bridge loan. Being an expat meant that our client had no W2 and lacked U.S. credit.

Loan Details

Nationality	Property Value	Loan Amount	ARV	Rate
U.S Citizen	$550,000	$302,500	55%	6.55%

Term	Address	Property Type	Purpose	Loan Type
12 Months	Corvallis, Oregon	Single-Family Home	Fix-and-Flip	Residential

Tags distressed property in Oregon to fix and sell, purchase a Flix-and-Flip property, short-term bridge loan, single-family home, U.S. Expat

America Mortgages Inc. is a mortgage broker focusing only on U.S. Expats and Foreign Nationals living overseas. We offer over 150 U.S. bank and lender programs direct to our international clients. America Mortgages is wholly-owned by Global Mortgage Group Pte. Ltd. an international mortgage specialist based in Singapore.

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