Loan or Mortgage for US Citizen living abroad

Hey Bill.. It's not an easy question to answer.. in regards to a person who lives overseas, but has a US credit report, and has US income being reported, and paying taxes, then there is nothing stopping you from being able to purchase or refinance a home you already own.. The problem comes into play is the fact that it's a condo. Lending guidelines for condos have restrictions and tests that the condo project has to pass before you can get conforming financing... for instance, what is the percentage of owner's vs. renter's vs. vacant or foreclosed units. How much $ in reserves does the association hold, are there any illegal restrictions in the CCR's, etc... so if you really want to be sure, you should contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Yes. I live and work in this area so I know about some of these nicer propertis in Philadelphia. Give me a call and I can firm up rates once I have some more info. I am also speak with you on Saturday. Mark 800-485-1387 Extension 107

You might qualify to do this but more information is needed. Feel free to call me to discuss more. 201-962-3555 All the best. Michelle

Yes, we can do that. My email is joe@libertyfinancial.net

As mentioned before, you should qualify from an income perspective. Just because you're living overseas right now, it doesn't mean you can't get a loan, but be prepared to answer questions about occupancy status on the property. The other questions about the condo itself will also be a factor. I suggest you speak with someone who is local to Philadelphia to help you out; more detail will be needed to quote you an actual rate and terms, etc.