The Client

Our client is a Healthcare Executive working for a U.S. biomedical company and living in Sydney.

How We Helped

He wanted to refinance his investment property in Virginia to take advantage of the lower interest rates. His current mortgage was 3.45% on a 30-year fixed.

He came to us informing that he was denied a mortgage from his hometown bank in Virginia – with whom he has an existing mortgage with. The bank informed him that as he moved to Sydney and is now making ‘overseas’ money, they could not offer him a loan-even as a U.S. Citizen.

Our loan officers found a lender to refinance the loan at 2.85%!!!!

Loan Details

NationalityProperty ValueLoan AmountLTVRateTerm
U.S. Citizen$750,000$525,00070%2.85%30-year fixed
StateProperty TypePurposeLoan TypeHome use
Great Falls,
Virginita
Single Family
Residence
RefinanceResidentialSecond Home
NationalityU.S. Citizen
Property Value$750,000
Loan Amount$525,000
LTV70%
Rate2.85%
Term30-year fixed
StateGreat Falls, Virginia
Property TypeSingle Family Residence
PurposeRefinance
Loan TypeResidential
Home useSecond Home

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