What products are available with the Foreign National Finance program?
- Home Loans
- Commercial
- Construction
- Home construction
- Commercial construction
Elite Home Loans provides Home, Commercial, Construction financing solutions for qualified non-U.S. citizens and non-permanent residents who are purchasing or refinancing a residence or investment property in the United States.
Loan Programs:
Foreign Nationals basically have access to a variety of fixed or adjustable rate programs with loan repayment terms up to 15 years, 30 years or "interest payment only" which lower your monthly payment.
What are the most common Mortgage, Commercial and Construction Loans available for Foreign National borrowers?
Foreign Nationals basically have access to a variety of adjustable rate products with loan repayment terms up to 30 years with several different monthly repayment options including "interest only" which minimizes your monthly payment.
How much of a down payment do these loans require?
Loans for Foreign Nationals require a minimum of 40% down for Home Loans. For others please send us your inquiry.
How long does it take to "Process" (From Loan Application To Closing)?
The normal processing time to closing is less than 30 days. However, construction loan required 45 to 60 days.
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