The Client

Our client was referred to us by a friend of America Mortgages. He’s been living in London for five years and has slowly accumulated a rental portfolio in the U.S. His thesis is that college towns offer the best rental yield opportunities. Our client did his MBA at the University of Chicago, so he was very familiar with the landscape.

How We Helped

Finding mortgage options as a U.S. citizen living overseas can be challenging, especially if you have been away from home for an extended period. The good thing about our client is that he still maintained an almost-perfect credit score of 810 and was a very high (and stable) earner – exactly what a bank wants to lend to!

Loan Details

NationalityProperty ValueLoan AmountLTVRate
U.S. Citizen $1,050,000 $735,000 70% 3.35%
Term AddressProperty TypePurposeLoan Type
30 year fixed Chicago, Illinois CondoRefinanceResidential
NationalityU.S. Citizen
Property Value$1,050,000
Loan Amount$735,000
LTV 70%
Term30 year fixed
Address Chicago, Illinois
Property Type Condo
Loan TypeResidential

Schedule a call with our U.S. Mortgage Specialist.