Are your children attending university in the U.S.? Have they secured their F1 visa but are now faced with the challenge of finding suitable accommodation during their study period? Have you considered buying U.S. real estate not only as an investment but to also give your children a stable, safe place to live?
Stand by…We have exciting news for you!
America Mortgages recently launched an exclusive loan program, AM Student+, designed specifically for parents like you. As a parent, you can now qualify for a mortgage to purchase a home for your children to live in, whether you plan on going back and forth or if your children will reside there solely during their school years. This exceptional loan program offers up to 75% financing in all 50 states, enabling you to provide the ideal housing solution next to your children’s chosen university. The best part about this program is you no longer need to qualify using your personal income documentation!
Simplified Qualification Process
Traditionally, qualifying for a second property in the U.S. requires personal income documentation and consideration of debt-to-income ratios in the U.S. and your home country. However, our program revolutionizes the process. With AM Student+ loan program, you can qualify using just the projected rental income of the property, even if your child will be the one residing in the property. This feature streamlines the qualification process, making it more accessible for parents to invest in properties for their university-bound children.
Loan Highlights
Our loan program offers several attractive highlights:
- Qualify using the projected rental income of the property: Instead of relying on personal income documentation, our program evaluates the property’s potential expected rental income, making qualification easier, quicker, and more efficient.
- Flexible loan amounts: With a minimum loan amount of $150,000 and a maximum loan amount of $3 million, our program accommodates a wide range of investment options.
- No U.S. credit needed: As a foreign national or non-resident parent, establishing a U.S. credit history can be challenging. With our program, no U.S. credit is required, making it accessible for parents residing outside of the country.
- Suitable for 1-4 unit properties: Whether you’re considering a single-family home or a multi-unit property, our loan program covers a range of property types to fit your specific needs.
- No personal income documents required: By eliminating the need for personal income documentation, our program simplifies the application process, saving you time and effort.
- Competitive loan-to-value (LTV) ratios: For refinancing/equity release, we offer up to 70% LTV, while for purchase transactions, we provide up to 75% LTV.
- Great Rates with Flexible Terms – Our rates are some of the most competitive in the market, but we offer so much more. Interest-only options and loans with fixed tenures of up to 40 years regardless of the parent’s age.
Investing in suitable housing for your children during their university years is now within your reach, thanks to AM Student+ mortgage loan program. By qualifying using the projected rental income of the property, you can overcome the traditional challenges of personal income documentation and debt-to-income ratios. With up to 75% financing available, covering all 50 states, this program empowers parents to provide their university-bound children with comfortable living arrangements next to their chosen universities.
Seize this exceptional opportunity to invest in your children’s education and well-being. What are you waiting for? Contact us today at [email protected] to explore how the new AM Student+ loan program can help you secure the ideal housing solution for your university-bound children. Don’t miss out on this exceptional opportunity.
As a company, America Mortgages‘ only focus is providing U.S. mortgage financing for Foreign Nationals, Non-Residents, and U.S. Expats. 100% of our clients fit that profile, and no one does it better.
