Updated almost 7 years ago on . Most recent reply
Would CASH REFI be best for this?
Unique situation, property in Indiana 46226 zip, valued around 60k. Being rented out for $740/monthly until 2020, yearly taxes $1000, and home is owned OUTRIGHT. Zero debt! Owner lives in Norway, is NOT a US citizen, but has an ITIN, works for a big US corporation, and has US bank accounts. This is an investment property, he will never occupy this property. He would like 75% LTV. Is this something banks or credit unions or lenders would assist with? Since it's such a low amount (around 45k?)
Most Popular Reply
Google Shawn Huss with chemical bank. Does these all day (smaller loans in IN)... Not sure about the NON citizen part though.
- Ryan Mullin