Video Transcript:
Most people think you need a U.S. credit history for a loan. For foreign buyers, this is incorrect. The entire system is built on different pieces. I am David Ghazaryan. My work is structuring these foreign national loans. I link the buyer’s company to their personal promise, making the whole system work. All your papers must be translated into English. Think of your job letter, your pay slips, and your home country’s tax papers. You cannot do it yourself. A U.S. account is not optional, it is required. Open one right away to move your down payment money and to set up your automatic loan payments. You must plan for selling even before you buy. A law called FIRPTA will hold back a big part of your sale money for your future taxes. The system has a clear path if you know it. I share more on my social platforms. The links and the full article are in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/florida-mortgage-checklist-for-foreign-buyers
