What US financical institutions will loan 75% LTV mortgages to Canadians?
I would like to purchase a property in Philadelphia and am finding it moderately challenging to find an institution that wants to lend to foreigners. Any suggestions are reaction.
Answers:
No...not if you live in Canada.
If you don't live here, you can't be sued if you don't pay. US Courts don't hold jurisdiction in Canada.
That is why you have to pay packet cash if you are not a citizen. Source(s): Many, many years as a solid estate agent/broker as well as a former mortgage underwriter/broker, and as always, followed by my Y!A "thumbs down" stalkers.
Related Questions:
Changes of getting mortgage loan approved right after a pre-approval?
Two weeks ago I placed on a offer on a house. In order for the volunteer to be valid, the seller required that I get pre-approved near a specific bank (SUNTRUST). I got pre-approved a year later, submitted my offer and my volunteer ended...
Answers:
No...not if you live in Canada.
If you don't live here, you can't be sued if you don't pay. US Courts don't hold jurisdiction in Canada.
That is why you have to pay packet cash if you are not a citizen. Source(s): Many, many years as a solid estate agent/broker as well as a former mortgage underwriter/broker, and as always, followed by my Y!A "thumbs down" stalkers.
Related Questions:
Changes of getting mortgage loan approved right after a pre-approval?
Two weeks ago I placed on a offer on a house. In order for the volunteer to be valid, the seller required that I get pre-approved near a specific bank (SUNTRUST). I got pre-approved a year later, submitted my offer and my volunteer ended...