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David A. Krebs is a licensed mortgage broker with over 15 years of experience offering loan options beyond traditional banks

Cash-Out Refinance for Chinese Foreign National in New Zealand on His Chicago, Illinois Property

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Foreign national loan Auckland Chicago

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.


Posted on

August 9, 2021

Miami mortgage broker

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