Posted by Max-Va on May 28, 2006 at 24:56:17:
should not be a problem,
credit score, time on job, trade lines, are more important.
financing for expat - Posted by TKP, Houston
Posted by TKP, Houston on May 28, 2006 at 24:50:44:
My son is a U.S. citizen working overseas for a U.S. company. He wants to buy a single family investment property in Texas. His credit score is 700+ but he has no resident or rental history in the U.S. He is looking for a 90% mortgage. My contacts says rental history is critical.
Can he be financed? TKP, Houston
Re: financing for expat - Posted by John Corey
Posted by John Corey on May 28, 2006 at 06:11:46:
For many lenders your son is going to fall outside of their criteria.
Some will look at the details and consider the overseas income, etc.
There are alternatives if he has a problem raising the financing.
John Corey