Loans

4 Replies

Hello, I just got an signed contract for 830K Multifamily.

I would like to know how (and if) I get get an asset base mortgage on that property.

Down payment- up to 35-40%.

I am forigen with no SSN.

THANKS

Originally posted by @Lior Shaashoua :

Hello, I just got an signed contract for 830K Multifamily.

I would like to know how (and if) I get get an asset base mortgage on that property.

Down payment- up to 35-40%.

I am forigen with no SSN.

THANKS

 Do you mean you have 35-40% to put as a down payment? 

@Lior Shaashoua

There's a whole forum for foreign investors in the US

The top post discusses your exact question.

Long story short, you can't get conventional financing but there are lenders who will do it. Your best bet might be to work with an international bank with presence in both the US and your country. That thread mentions HSBC but there are others too. For example I know Citi does international personal/small business banking and I'm sure there are more.

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