Banks loaning to Foreigners?

[Account Closed]

Hi Everyone, 

I was wondering if anyone has heard of a traditional bank / Community Bank in or around Kansas City offering finance to Foreign Investors?

My business partner and I are foreigners (no green card etc.), we have an established LLC (4 years old) with proof of income from 6 Single family homes the LLC owns outright. we are looking to borrow against the existing properties at a 50% Loan to Value ratio to purchase more properties in KCMO.

Any advice would be appreciated!

[Aaron L.]

@Ian Reeves your Canadian friends can get a mortgage to purchase a second home in the US through the Royal Bank of Canada. Depending on their credit, etc. they'll need to put 20% dp for a secondary home (vacation property, etc.), and 40%+ for an investment property. The dp is a bit steep, but the interest rates in Canada are way lower... and getting a mortgage in Canada is a dream compared to the US. Just an idea!

https://www.rbcbank.com/help-and-faqs/mortgages-and-loans/top-10-u-s-mortgage-questions/index.page