Foreign National Home Sales in Florida
There is a growing trend of real estate from Foreign Nationals in Florida. In Florida, almost 30% of all homes sales were contributed by Foreign Nationals. Over 80% of these home sales in Florida were cash buyers. These programs have helped U.S. Home sales during the down market and now home sales and market are rising again. Foreign Nationals sales have incredible value to the real estate market in Florida. Our Hard Money Network investors are happy to assist Foreign Nationals with all home or commercial refinancing or financing needs.
Advantages of Our Investors Foreign National Programs:
- No Credit Check or Report Needed
- Refinance and Home Equity Loans Bad Credit Offered
- Fast Underwriting
- No Bank Hassles
- Limited Documentation
- Quick Closings with clear title
- Bad credit not an issue
- Equity Based Loans
- Review time: 24 hours
- Loan amount: 60% LTV
- Terms: 5/7/10/15/20/30 years
- Prepayment Penalties: 1/2 or 3 years
- Closing Times: Free and Clear properties in 5 to 14 days
- Brokers Protected
What is a Foreign National Loan?
A Foreign National is a person that lives in the United States for a short amount of time every year. Their permanent residence is in their home country such as Canada, England, France, Australia, Dubai but they require a secondary home in the U.S.
Lauderdale areas have risen tremendously within the last few years. Since Florida real estate has dropped so low, Foreign nationals have the opportunity to buy vacation homes, investment properties, secondary homes, and commercial real estate while paying cash for these properties.