The Client
Our client came to us through his client, a technology founder who saw our press release about disrupting the U.S. mortgage space for overseas borrowers. He wanted to purchase a property in San Diego as a second home for vacations with his son.
How We Helped
Our client had been in Asia for a long time but has been compliant in filing taxes and still maintaining a healthy FICO score. However, his bank, which he still keeps a deposit in, will not offer him a loan since he does not earn a U.S.-based income.
It’s hard to explain to our clients that it’s not that banks can’t help; it’s that they won’t help. Since we have been working with our lenders for almost five years now, they know that when they receive a loan application, we understand how to work with clients to make sure the loan makes sense to both the bank and the borrower.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| U.S. Citizen | $3,750,000 | $2,000,000 | 53% | 2.50% |
| Term | State | Property Type | Purpose | Loan Type |
| 5/1 ARM | San Diego, California | Single-Family Home | Purchase | Residential |
| Nationality | U.S. Citizen |
| Property Value | $3,750,000 |
| Loan Amount | $2,000,000 |
| LTV | 53% |
| Rate | 2.50% |
| Term | 5/1 ARM |
| State | San Diego, California |
| Property Type | Single Family Home |
| Purpose | Purchase |
| Loan Type | Residential |
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