Updated over 4 years ago on . Most recent reply
Lenders that will lend to US citizen working abroad.
Hello,
I would like to connect with banks/lenders and mortgage companies that would lend for a US citizen working outside of USA. Plan is to buy the property to make it home on return. Due to the current work situation, will not be able to occupy the property. Technically it may not be a primary home, but effectively it is, once on return to USA. Unknown duration of return.
Not sure how many conventional banks/mortgage companies or lenders will consider such a customer.
Therefore, I would also like to connect with anyone that may have creative financing option, private lenders, or anybody that has a suitable Idea that would work in this situation. Please advise.
Thanks.
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#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Fort Worth, TX
@Naveen Desai you've got some good comments above and just to add one item - as long as your are still claiming your income on your US tax returns you are fine to get a standard, conventional loan. If you declare it, and are taxed on it, then it can be used to help you qualify for a Fannie/Freddie loan. Hope it all works out for you. Thanks!