Real Estate Investors Rejoice! AM Concierge is here!

With the continued home shortage in the U.S. of more than 3.8M properties, property developers are pulling back on new projects, and despite rising mortgage rates, U.S. property prices are holding strong. For the remainder of 2022 and going into 2023, The Washington Post stated recently, “As mortgage rates rise, prices should moderate, but low inventory will continue to be a problem.” The biggest benefit to this, bidding wars in hot cities where buyers were paying 10-20-30% over the asking price is likely going away. Now may be the time to buy while people are still figuring out the market. 

The continued feedback we get from clients is finding the perfect property represented by a vetted realtor that understands non-resident investors, with their interests in mind. This is the missing piece of the puzzle. Furthermore, looking for reputable homeowners insurance once the property is in contract is another problem. This is where America Mortgages comes in. We heard you, and our team now has solutions for both! 

If you are looking for a “full-service” solution when investing in U.S. real estate, getting a mortgage is only one step in the process. Recently, America Mortgages launched an option to match your needs with a vetted and trusted realtor. AM Concierge not only gives our clients the best mortgage options available, but they also have a reliable realtor network to choose from regardless of the U.S. state.

Upon being pre-approved for your mortgage, if requested, you will be teamed up with a Certified International Property Specialist to help you with a key step of the transaction – finding the right property! This is not a requirement for a mortgage loan. This is only an “extra tool” to assist if needed. If you already have a realtor you are working with or prefer to find a realtor on your own, please continue to do so. 

We believe that as a non-resident real estate investor if you have more resources available, you can make a more informed decision on which investment property you should buy.

AM Concierge offers;

 1. A mortgage loan tailored to your needs through a firm that are experts in non-resident, foreign national, and U.S. expat mortgage lending.

 2. A trustworthy realtor that will source a property that fits your requirements. A realtor that knows the specific market you’re interested in will show you only properties that meet your requirements, saving you time, effort and money. Often they will find properties you may not know exist. Just as it’s important to find a mortgage company that understands Foreign National and U.S. Expat lending, it is as important for your realtor to have this experience as well. Someone that works well with the mortgage professional and also understands the intricacies and nuances involved when buying from abroad. 

They will negotiate the purchase agreement and represent you through the transaction. Keep in mind, in the U.S.; the buyer does not pay for the realtor’s commission. This is paid for by the seller. It costs you nothing to have someone to represent you. 

The best part about our AM Concierge service is that there is NO cost to you!

At AM Concierge, we have a vetted and approved network of realtors in all 50 states that can assist you when buying a home as a foreign national, non-resident, or U.S. expat. These agents will work in your time zone and in your language to find a property that fits your requirements. Our agents are friendly, compassionate, and understand the process of international home buying. 

 2. Foreign Nationals and Expats Home Insurance & Other Insurance products 

If you have a mortgage in the U.S., you are required to insure the property for its replacement value, known as homeownership insurance. Living outside of the U.S., often finding a reputable insurance agent takes time and effort. It’s a small step; however, if you’re unfamiliar with the process, it can be confusing and frustrating. Again, we understand, and we are here to help. This is why America Mortgage’s home insurance mortgage solution comes from trusted insurance partners. They will assist you in obtaining a quote for homeowners insurance and other insurance needs you may have. If you’re a property owner, our trusted insurance partner will make it easy to get the coverage you need to be prepared for whatever may come your way. Again, this is a free service we provide to help your journey in U.S. real estate investing.

As a company, America Mortgages’ only focus is providing U.S. mortgage financing for foreign nationals and U.S. Expats. Getting pre-approved for a purchase or a refinance/cash-out normally takes 72 hours from application and document submission. Once you have your pre-approval, you are ready to begin the search for your dream international property. 

If you have any questions regarding mortgages, realtors, or homeowners insurance, please speak with one of our loan officers today. 

[email protected]

America Mortgages Launches No Ratio Mortgage Program for International Real Estate Investors

SINGAPORE, October 27, 2022 /EINPresswire.com/ — America Mortgages, the world’s leading international mortgage brokerage, focusing on U.S. mortgage financing for non-resident investors, today announced the addition of a new Mortgage Loan Program that allows real estate investors to qualify using no ratio underwriting. This mortgage program for international investors features both fixed and adjustable rate mortgages (ARM), competitive rates, high LTV/LVR and loan amounts up to $5 million.

America Mortgages’ new No Ratio mortgage program can be used for investment properties in all 50 states. International borrowers can use credit from their home country to qualify.

Robert Chadwick, CEO of America Mortgages states “What makes this program very unique is that the borrower does not need to provide personal income documentation or rental income. Unlike underwriting requirements for conventional or standard non-QM mortgage loans that rely upon the information contained in tax returns, pay statements, rental income or various other ways to document income, America Mortgages’ no-ratio mortgages rely upon a borrower’s credit and overall financial profile. Self-employed borrowers find the relaxed documentation requirements of a no-ratio mortgage ideal, but it could also prove to be convenient for a salaried borrower with additional income that cannot be readily documented.” He goes on to state “This is a perfect loan program for all real estate investors when a conventional mortgage loan is not an option, and as there are no AUM requirements this is a perfect loan for our private banking clients.”

Although rental rates have increased at a much faster pace than mortgage interest rates, often borrowers have a difficult time qualifying using the standard DSCR formula where the loan qualifies on the projected rental income of the property. This is a perfect substitute for when DSCR or conventional income qualifying loans are not an option. America Mortgages’ No-Ratio loan allows a quick, viable and very aggressive loan option.

“We constantly strive to curate the best U.S. mortgage loan options for our global clients.” Stated Nick Worthing, VP of retail lending for America Mortgages. “As the market changes, we need to be fast, nimble and resilient. That is what keeps our company as the leader in U.S. mortgage financing for foreign national and U.S. expat investors”.

Some of the featured benefits of America Mortgages’ no-ratio mortgage include:

· Aggressive loan-to-value ratio (LTV) as high as 80% for both foreign nationals and U.S. Expats
· No tax returns or income verification
· No U.S. credit required
· Foreign passports allowed
· Investment property only
· Loans up to $5,000,000 or higher in some cases
· Loans available in all 50 states
· No restrictions on cash-out financing
· Interest-only terms available
· Approval within 72 hours

For more information on America Mortgages’ No-Ration U.S. Mortgage loan program, contact [email protected]

About America Mortgages and Global Mortgage Group

Founded in 2018, Global Mortgage Group PTE LTD [GMG], and headquartered in Singapore, is a full-service global mortgage financing firm offering mortgages for investment purposes in The United States, Australia, Canada, United Kingdom, Germany, France, Spain, Singapore, Hong Kong, Philippines, Thailand, Japan to name a few. For more information, visit www.gmg.asia or call +65 9773-0273.

Founded in 2019, America Mortgages, Inc. is a wholly-owned subsidiary of Global Mortgage Group PTE LTD [GMG]. America Mortgages headquartered in San Antonio, TX, with representation in 12 different countries, is dedicated to providing U.S. mortgage options for non-resident Foreign Nationals and U.S. Expats. 100% of America Mortgages [AM] clients are living and working outside of the U.S. Both GMG and AM focus on building quality, long-term relationships with its partners such as Private Banks, EAM, Family Offices, Realtors and other mortgage broker located around the world by offering a wide variety of mortgage loan programs focused on specific markets with an exceptional client experience.

For more information, visit www.americamortgages.com or call +1 830-217-6608.

Robert Chadwick
America Mortgages. Inc
+65 8430 1541
[email protected]
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