MortgageDepot Obtains Financing for a International Nationwide Borrower in Aventura, FL

MortgageDepot focuses on assembly the challenges confronted by debtors who’re international nationals. Our entry to a number of lenders providing quite a lot of financing choices and applications fitted to nontraditional debtors, helped a consumer beneath contract buy a apartment in Aventura, Florida.

The consumer was a international nationwide, non-permanent resident and a first-time homebuyer. He was self-employed in Ukraine and his enterprise had solely been integrated in the USA for one 12 months, however had been producing earnings within the U.S. for 2 years. After beforehand searching for financing for the apartment elsewhere with no success, he contacted one among our proficient mortgage originators, Julia Knurova, for help, who was capable of ship options tailor-made to his scenario.

Within the transaction, Julia translated Ukrainian paperwork into English to supply an in depth clarification of the scenario to the underwriter. The consumer was rate-sensitive and wanted a mortgage with no prepayment penalty. By MortgageDepot’s artistic mortgage applications, Julia was capable of efficiently get the consumer an 80% loan-to-value on a warrantable apartment. With an ARM mortgage, the consumer certified for a decrease rate of interest.

Finally, Julia and the MortgageDepot group have been capable of accomplish what different lenders couldn’t. To debate your distinctive lending scenario with a talented mortgage mortgage originator, contact MortgageDepot right now.