Orlando, FL · Member since 2016 · 69 posts · 11 votes
Hello,
I just moved to Orlando from Dominican Republic. I am allien resident since 2013 but I have low references and credit history in US. I bought an apartment here in Orlando in Janurary/2014 and rented it. This is my only income right now here and I receive other incomes from Santo Domingo. Is it possible to get a mortgage in my situation? Where could I go? I appreciate this great community for your help. I hope to be helpful in the future too. Thank you.
I just moved to Orlando from Dominican Republic. I am allien resident since 2013 but I have low references and credit history in US. I bought an apartment here in Orlando in Janurary/2014 and rented it. This is my only income right now here and I receive other incomes from Santo Domingo. Is it possible to get a mortgage in my situation? Where could I go? I appreciate this great community for your help. I hope to be helpful in the future too. Thank you.
Domingo, there are lenders who lend to foreign nationals if you need non-US income to qualify. A good mortgage broker will have a relationship with a lender that offers a Foreign National loan.
Lender · CA · Member since 2015 · 9k+ posts · 10k+ votes
10y
@Domingo Santana, it depends entirely on just what that income from Santo Domingo is, what you can document, documented probability of continued receipt, etc.
I just moved to Orlando from Dominican Republic. I am allien resident since 2013 but I have low references and credit history in US. I bought an apartment here in Orlando in Janurary/2014 and rented it. This is my only income right now here and I receive other incomes from Santo Domingo. Is it possible to get a mortgage in my situation? Where could I go? I appreciate this great community for your help. I hope to be helpful in the future too. Thank you.
Domingo, there are lenders who lend to foreign nationals if you need non-US income to qualify. A good mortgage broker will have a relationship with a lender that offers a Foreign National loan.
"Monthly income" is insufficient information. Really you need to get tight with a local mortgage professional that has access to portfolio products, and need to cough up aaaaaaalllll the paperwork to get a meaningful answer.