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    Last updated: 03/28/2011     

 

 

 

Mortgage requirements for Foreign Investors

 

To obtain mortgage from an US bank, foreign investor must meet the following requirements:

  1. Minimum of 30% down payment

  2. Bank statement

  3. Valid Passport

  4. Employment Certificate with income

with above requirements satisfied, as of 10/09/2008, I was quoted 7% APR 15 years fixed w/ 3yrs ballon.