“Yes, I can do Foreign National Mortgages”

   “Yes, I can do Foreign National Mortgages”

 

 

 

 

Hi Joe,

Your name was given to me by my USA attorney, as I will need a mortgage to purchase a second in your state. We are in the negotiation stage, the purchase price will most likely be around 2.4 million. I am told by few different bankers that a mortgage for a foreign National isn’t anything that they do, that is why I am contacting you. Can you do this type of mortgage? Here is some basic information.

I have joint Nigerian and British Citizenship

I have USA visa on my Nigerian Passport - I do not require visa on British Passport. I normally come in to USA on the Nigeria because I get minimum 6 months stay stamped on.

I have a home in UK and in Nigeria presently. I practice Law in both countries. I qualified as a Barrister 33 years ago. I have a B1/B2 Visa Currently.

I am okay w 25 years amortization. But I plan to pay off under or not longer than 5 years. So I need to be able to do that without penalty for early repayment.

 

 

We have been doing mortgages for Foreign Nationals that cannot get regular conventional type mortgages. Fortunately, we have a couple of different lenders that offer these mortgage products.

 

There are so many different types of visas and we can do mortgages for most of them. Most of these loans require a down payment of 25% or more and offer terms up to 30 years.

 

I can do these mortgages in CT, RI, MA, ME, NH, VT, NY and FL.

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 5 commentsJoe Petrowsky • May 30 2018 12:57PM

Comments

That buyer's attorney knew the right person to refer him to!

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, 914-419-0270, kat@thehousekat.com) about 2 months ago

I wish you could do mortgages in the DC metro area! I would be calling you constantly

Posted by Lise Howe, Assoc. Broker and Attorney Licensed in DC, MD, VA, (Keller Williams Capital Properties) about 2 months ago

Good morning Joe. Hard to understand why so few do these types of loans. Good for you. Enjoy your day!

Posted by Wayne Martin, Real Estate Broker (Wayne M Martin) about 2 months ago

Good morning, Joe Petrowsky you have the sources for the product needed.... and obviously the referral base to feed the buyers to you....

Posted by Barbara Todaro, "Franklin MA Homes" (RE/MAX Executive Realty ) about 2 months ago

Wish you could do them in Oklahoma but I am using two sources. I do quite a lot of investment property for foreign nationals.

Posted by Joe Pryor, REALTOR® - Oklahoma Investment Properties (The Virtual Real Estate Team) about 2 months ago

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