Foreign Nationals
Our Foreign National Home Mortgage program provides home financing solutions for qualified non-U.S. citizens who are purchasing or refinancing a residence , second home or investment property in the United States.
The Websource FN Borrower program will furnish qualified homebuyers with a mortgage pre-approval letter, which can be a very powerful negotiating tool when shopping for a new home. It shows that you are serious about your desire to purchase a home and the you have gone through the process of inquiring about a mortgage approval. And, if you are looking to refinance your current US mortgage, we can have a conditional approval within 48 hours.
Is a preapproval program right for you ?
Applicants may be conditionally pre-approved for a mortgage loan prior to selecting a property. Our mortgage professionals will review your information, and be able to issue an immediate conditional pre-approval and, if you qualify, we will assist you until your mortgage closes.
Qualified clients will be sent a personalized pre-approval letter indicating the amount for which they are approved. Our staff will be happy to work hand in hand with your realtor and Title Company to ensure a smooth and professional purchase.
What are the features of the Websource FN Buyer program?
Our knowledgeable Loan Advisors can complete your loan application over the phone in minutes.
We can conditionally approve qualified applicants and provide you with a pre-approval letter to use as a powerful negotiating tool with prospective sellers. This letter will also put your realtor at ease freeing them to work hard for you in your search for a property.
You can do your home search with confidence.
Time savings by determining the appropriate price range of homes you should be targeting and, you will have a blueprint for what will be required for Full Loan Approval and the actual mortgage closing.
We can also help you with a Realtor referral along with the other businesses involved in the process…Title companies, insurance agents, etc.
We specialize in loans to Foreign National borrowers with no credit history in the U.S.
Our loans, have very competitive rates, will help you establish a credit history
Mortgage Loans (First & Second Mortgages)
Websource serves its customers' needs in a friendly, efficient, and highly personalized manner while providing selected products and services appropriate to their needs :
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80% Financing (20% Minimum Deposit)
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Documentation Required: Foreign Passport, Income, Employment, Assets, etc.
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Primary Residence
Second/Vacation Home
Investment Property
Purchase
Refinance
Cash-out refinance
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Income stated
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Bank Deposits Verified (Assets)
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Cash Reserves Required
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Low Interest Rate
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