Our client, a Chinese foreign national residing in New Zealand, needed a cash-out refinance on his investment property, a condo in Chicago, Illinois.
Despite the high crime rate in the subject property’s neighborhood, we were able to get him approved for a 30-year fixed-rate mortgage at 75% loan-to-value.
Our client did not need to travel to the United States to sign the loan documents. Instead, he was conveniently able to do a mail-away closing by signing the documents at his local U.S. Embassy in New Zealand.
Are you a foreign national looking to purchase or refinance properties in the United States? We can help. Contact us here.