Canadian Resident: Your Investment in America Is Only a Mortgage Application Away
Thousands of Canadian citizens yearn to live in their own dream property in the US. Our job is to make that dream come true.
Making your American dream come true
The process of applying for a US mortgage for Canadian citizens
The application process to get a home mortgage in the US is straightforward.
- Find a buyer’s agent who specializes in helping foreigners purchase homes in America.
- Zero in on a property you like, and negotiate the final price.
- Make an initial goodwill deposit (also known as token advance in some places)
- Sign your property purchase contract
There are a number of fees you will have to pay at this stage. These include stamps, taxes, property insurance, and other fees. By the time you sign the contract, you should have arranged your mortgage. If you have not, an overseas mortgage specialist can help you find the cheapest loan possible. Gaining access to the best rates on premium loan products helps you purchase better properties than you initially had planned to.
Mortgage brokers have access to insider information, and to contacts, so that you get the best rates possible. Most importantly, you can eliminate documentation hurdles. The last thing you want when you’re halfway through negotiations is to realize that your documents are not sufficient.
What can make or break a loan application
Additional factors that may help
You own a property back in Canada
You have rented out your property in the Canada
Seek help right from the outset, or at least now
What is best for me?
As a foreign national, you are likely to face certain hurdles when it comes to getting a US mortgage. Canadian citizens have the option of seeking a US mortgage, applying for a mortgage in Canada, or refinancing a property in Canada. It really depends on what is truly best considering your unique situation.
We help Canadian home buyers make the right decision based on a number of factors. We have a proven track record of helping Canadian citizens gain access to American mortgage market.
For a quick consultation and personalized advise, contact us today.