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Private Lending & Conventional Mortgage Advice

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Marianne Lopez-Henthorn
  • Rental Property Investor
  • Fort McMurray Alberta, Canada
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62
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Lending for Canadians investing in Memphis?

Marianne Lopez-Henthorn
  • Rental Property Investor
  • Fort McMurray Alberta, Canada
Posted Sep 19 2020, 16:46

I'm looking for lenders in the Memphis & DeSoto county, MS areas that will lend to Canadian investors. 

What I'm looking for:

- 30-year fixed-rate mortgage

- Single Family Home

- $125,000 or less purchase price

- I have a W2 job (T4 in Canada) that I have lots of history on

I know RBC Bank and TD Bank are Canadian/American cross-border banks, but RBC Bank does not do 30-year fixed rate mortgages, they only do ARM. TD Bank does do 30-year fixed but they only lend to US east coast states (excluding GA).

I understand this will be difficult to find, but I'm hoping these lenders are out there, so I don't have to look at other states in order to get a mortgage through TD Bank.

Thanks!!

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