Mortgage Programs

Types of Mortgages

Two of the most common types of mortgage loans are fixed-rate mortgages and adjustable rate mortgages (ARM). The interest rate on a fixed-rate mortgage will remain the same for the entire life of your loan while the interest rate on an adjustable rate mortgage (ARM) may adjust at regular intervals and may be tied to an economic index, such as a rate for  LIBOR or Treasury Securities. When the interest rate on an ARM adjusts it may cause your payment to increase.

Please see below our latest loan programs for foreign national mortgages in the USA. Note that these are subject to change at any time and are for information only. Please contact us to confirm.

 Mortgage RateLending Locations Maximum LTV  Loan PurposeDocumentation Notes 
5.25% 5/1 ARMAll States70%Purchase and Refinance Fully Documented*  Bank Account required. Rate & Term refi only
5.5% 751 ARM

All States

80%Purchases and RefinanceFully Documented

For the purchase of a main residence in the USA. Must have qualifying visa

4.875% 5/1 ARMAll States70%Purchases and Refinance

Fully Documented

Rate & Term refi only

5.875% 5/1 ARMAll States50%Cash-Out RefiFully Documented Maximum Cash-Out $2,000,000
6.5% 15 year fixed Selected States 70% Purchase, Refi and cashout Low Documentation Investment & Commercial property only 

Equity based loans or mortgages based solely on rental income are also available. These are usually capped at 60% loan to value, but there can be exceptions to get higher.

* Fully Documented mortgages require full disclosure of income. This may include copies of tax returns dating back the last 2 or 3 years. You will also need to provide satisfactory proof of identification, residency and source of deposit.