Commercial loan for non resident alien?


#1

Howdy

I have approximately $ 1.3 m in multis and SFHs in San Bernardino county. And 6 low-end rentals in Etowah County, AL.

My wife is a citizen but we live in SE Asia. both have been paying taxes for years. The properties are owned free and clear and we would like to get a commercial loan on the portfolio for other investments, not personal consumption.

Q1: Do you know a bank operating in AL and in CA which might handle such a deal?

A long-term fixed rate is our preference.

Thanks!


#2

Hey Kru_Chris,

To answer your question, I do know of a bank that handles Foreign Investor financing in AL and CA.

It is a 30-year fully amortizing loan term with either a 3- or 8-year fixed-rate option. No personal income documentation will be required. Current promotions on commercial appraisal fees.

Feel free to reach back if you’d like to discuss your scenarios.

Thanks,
Alex Roter


#3

We offer Blanket loan for Foreign Nationals nation wide in the US, 3/1 5/1 10/1 Arms, 5, 10 and 30 yr fixed terms.
Feel free to contact me to discuss or email me at john@newbridgehomeloans.com or 713-777-9996.
Regards, John Broussard