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Lianne Ottaviano
  • Investor
  • Ontario, Canada
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Foreign National looking for lender

Lianne Ottaviano
  • Investor
  • Ontario, Canada
Posted

Hi all, I'm a foreign national from Canada. I have investment properties in a few states and looking for more. I am finding it extremely difficult to find good LTV and good rates to refi and scale. Does anyone have recommendations on the lender that has a really good product for my situation I have an ITIN and LLCs.

  • Lianne Ottaviano
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    Erik Estrada
    #3 Mortgage Brokers & Lenders Contributor
    • Lender
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    Erik Estrada
    #3 Mortgage Brokers & Lenders Contributor
    • Lender
    Replied
    Quote from @Lianne Ottaviano:

    Hi all, I'm a foreign national from Canada. I have investment properties in a few states and looking for more. I am finding it extremely difficult to find good LTV and good rates to refi and scale. Does anyone have recommendations on the lender that has a really good product for my situation I have an ITIN and LLCs.


     Hey Lianne, 

    On Foreign National DSCR Loans, you may refinance up to 70% of the appraised value. You qualify based off foreign national credit or U.S. credit (at least 1 FICO score must show on the report).

    If your FICO is above 740, DSCR is pricing at 8.5%-8.9% on a Foreign National loan.

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