Long Beach Real Estate-Long Beach Condos

How does a Canadian citizen  get a mortgage for American properties? 

Here is an example of the documentation American lenders look for when lending to Canadian citizens:

1- Identity Proof:  Some lenders require a copy of your Canadian passport- many accept a Canadian driver's license.

2- Proof of Employment or Business Ownership:  Most lenders seek a two year history.  We perform a verification of employment with your employer or look for a copy of your business registration or incorporation paperwork.

3- The very best terms are extended to Canadians who can document income by furnishing a two year history of the T-1 General Form.

4- Assets need to be documented by a recent bank statement.