This purchase was made by a foreign national from China for investment purposes....
$275,000 First Mortgage 7.99% rate at 60% LTV in Fort Lauderdale, Florida. Borrower’s were from Canada. This loan was a refinance. Funds will be used to purchase another rental property, this time in California....
$285,000 First Mortgage, 7.99 rate at 65% LTV in Naples, Florida. Borrower was Canadian looking for a quick close on a vacation property for next winter....
Borrower was Canadian looking to use this property as a rental, for income purposes....
Borrower is Canadian and will be using this as rental/vacation property....
$2,235,000 First Mortgage 8.99% rate at 65% LTV in Tampa, Florida. Borrower was Canadian Looking to expand his US real estate portfolio....
Canadian borrower purchased this brownstone for investment purposes....