Foreigner Finance in the US

[Ian MacLean]

Hi there

I'm a South African currently living in the Cayman Islands looking to get into the US market.

As a non citizen / non resident I am struggling to obtain 30 year finance at decent rates in the US.

I am investigating the possibility of using finance from back home to cover the cost of a unit, then refinancing in the US to squash the mortgage back home and effectively backdoor finance in the US.

Does anyone have any experience with this, and have any comments in whether US banks may be more willing to provide refinancing to an already purchased asset held by a foreigner?

Thanks so much!