EN PT ES 321-239-2781 NMLS # 285280

Non-Warrantable Condo Financing for Venezuelan Foreign National to Purchase Investment Property

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Non-Warrantable Condo Financing for Venezuelan Foreign National to Purchase Investment Property

On behalf of a foreign national from Venezuela (one of the riskiest countries for which there are many restrictions on U.S. lending to its citizens), we obtained $200,000 in non-warrantable condominium financing to allow him to purchase a condominium in Orlando and close in ten days.  As background, his other bank had refused to close the loan, and only notified him of the cancellation when he was already on the plane from Venezuela to attend the closing in Florida.  We were able to step in and find an alternative lender who closed the deal for him. 

 

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