Frequently Asked Questions

Non-US resident mortgages are offered by many different lenders. However, rates and terms can vary significantly, so it’s important to compare options carefully before choosing a lender.
Both first-time homebuyers and existing homeowners can apply for an FHA loan. There are no income limits, but you must have a good credit score and demonstrate financial stability.
To be eligible for an ITIN loan, you must have an ITIN number and meet the other eligibility requirements for this unique loan program. Check with the lender to see what those requirements are.
DSCR loans are important because they can help to ensure that a property generates enough income to cover the costs of the loan. This type of loan can also help to protect lenders from loss in the event that a borrower defaults on the loan.

There are a few reasons to consider refinancing:

  1. Lower your monthly payment
  2. Switch from adjustable to fixed rate
  3. Lower your interest rate
  4. Cash out to pay off other debt
  5. Change term of your loan.
Jumbo loans allow borrowers to finance the purchase of high-value properties and are an attractive option for anyone looking to buy luxury homes, vacation homes, or investment properties. Besides, borrowers can choose from a range of loan terms, including fixed or adjustable rates, and may negotiate more favorable loan terms based on their financial situation. A jumbo loan may be a good option, however, it is crucial to consult with a professional mortgage broker and consider the costs and benefits before making a decision.
A jumbo loan is called so because it refers to a mortgage loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency. The conforming loan limits are the maximum loan amount that Fannie Mae and Freddie Mac, the government-sponsored enterprises that purchase mortgages from lenders, can guarantee.
DSCR loans are often used for large commercial real estate projects, such as office buildings or shopping centers. The loans can be used to finance the purchase, development, or construction of the property.
There are a few reasons why you might need a DSCR loan. Perhaps you’re looking to expand your business or make some improvements to your office space. Whatever the reason, a DSCR loan can give you the financial boost you need to reach your goals.