Brick Underground

How to get a mortgage if you're not a U.S. citizen [1]

If you are not a U.S. citizen, you will have trouble getting a mortgage from a U.S. bank unless you are a private banking customer of theirs overseas, you are in business here and the bank wants your business account, or the bank wants accounts overseas that it doesn’t currently have.

Exception: You may be able to take out an interest-only ‘commercial’-type loan with a balloon payment due at a specified time in the future, or one that requires you to keep a certain amount of money in the bank as a minimum balance during the term of your loan.

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How to buy a NYC apartment: The international edition » [2]


Source URL: https://www.brickunderground.com/agent-referral/financing-international-buyers

Links
[1] https://www.brickunderground.com/agent-referral/financing-international-buyers
[2] http://www.brickunderground.com/blog/2013/02/how_to_buy_a_nyc_apartment_the_international_edition