How Canadians Get American Mortgages

Canadians desiring an American mortgage need this documentation


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.



http://www.longbeachrealestatehome.com/009069
Posted on November 22, 2007 13:47:14 by Laurie Manny
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To begin your search for the perfect home or to sell your home in the Long Beach area, begin your journey by calling Laurie Manny at (562) 212-5420.