Foreign Nationals and Permanent Residents Investment Real Estate (Detroit, MI)

Foreign Nationals and Permanent Residents Investment Real Estate

Lawful Permanent Residents (LPR)Lawful permanent residents (LPRs) also known as green card holders are non-citizens who are lawfully authorized to live permanently within the United States. Move quickly with no personal income verification required. We offer multiple loan terms rates and leverage based on your FICO (Minimum 680 Credit Score) 4-month cash-out period Refinance your property and take out equity in just four months after the finance transaction. LPR Loans currently available for permanent residents in AL AR AZ CA CO CT FL GA KY IN KS MA MD MI MN MO NC NJ NV NY OH OK OR PA SC TN TX VA WA WI and WV as well as Washington D.C. Foreign National Financing Offers borrowers who live outside the United States flexibility when purchasing or refinancing investment property in the U.S.This loan falls under our debt service coverage ratio (DSCR) product which means qualification is based on cash flow of the property instead of the borrower s income. Foreign National loans are easy qualifying and quick to close for those who are eligible. Minimum Credit Score 680 Maximum LTV of 70% Maximum LTV of 65% for cash out Loan amounts up to 1.5 million minimum loan amount of 75 000 A DSCR program with a 1 1 ratio on cash flow ( Monthly cash flow is equal to monthly expense of the property) Assets sourced and seasoned for 60 days must be in an U.S. FDIC insured bank for a minimum of 30 days 12 months reserves required and must be in a U.S. bank ACH auto-payment is required and form must be completed at closing No sanction listed countries allowed Cannot reside in the United States Must have an eligible Visa B-1 B-2 H-2 H-3 I J-1 J-2 O-2 P1 P2 Call (740) 908-5626 (740) 908-LOANorEmail info(at)InvestCapitalFunding.com