Are there any lenders that will qualify a foreign national that holds a L-1 Visa?
I have a client that owns a U.S. company, Has U.S. corporate tax returns and holds the L-1 Visa. However, he is a Canadian citizen and does not have U.S. citizenship, nor green card, nor is a non resident alien. Are there any lenders, besides hard money lenders that may be open to lending to a client like this. The profile of the borrower is excellent, the company has sales of over $2m per year and the borrower earns over $150k per year from the company ( but not as a salary). The client is willing and able to invest 20% as his down payment. Please let me know your thoughts about this scenario. Thank you. by sean2109 from Orlando, Florida. Feb 15th 2013
Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions
Hi Sean! I believe I can be of help. Send me an offline message for more details. Thank you!
Joe Shamie (Joe Shamie)
#4 ranked lender in New Jersey - 1,412 contributions
Who is sponsoring the Visa?
Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions
There several programs that can help you. Call the Lender411 rep in your state to help.
Craig Prickett (cpmtgnow)
#159 ranked lender in Florida - 98 contributions
I have a product that will meet this need. We are a full lender and can also broker. Florida is fine. 954 558 4430
Linda Miller (Linda Miller)
#2 ranked lender in Utah - 572 contributions
L1 is an accepted Visa - so you should be able to get this done. Contact one of the Lender 411 mortgage professionals in Florida. I know they will be able to give you good advice for your client's situation. Good luck.
Ray Lewis (RayLewis)
#0 ranked lender in Texas - 35 contributions
The answer is yes! We can help your client with the purchase of the home in any state. Please feel free to contact me (Ray) at 254-449-7196 or rlewis@englending.com
Joel Lobb (kentuckyloan)
#3 ranked lender in Kentucky - 192 contributions
I can do them at 75% ltv or less on conforming with some investors
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions
The simple answer is yes... the devil is in the details.
Josh Lund (Josh_Lund)
#44 ranked lender in Minnesota - 113 contributions
No problem. We do these all the time. L-1 Visa is all you need. Flagstar bank will complete these loans. Just closed this EXACT same situation. Call or email with questions! Happy to help out.
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