The Client
Our client, Digby R, is a senior investment banker living in London. He is planning to make a switch from banking to be a CFO of technology and wanted to buy a place in Los Angeles to rent it out in advance.
How We Helped
Unable to find any bank that could help him given his ‘overseas’ income and the late nights trying to research almost made him give up. Then he reached out to America Mortgages on a referral by a former customer.
We managed to get him an incredible rate for a Foreign National at an incredible 3.35% for a shorter-term fixed period, which was perfect for his timing. Digby is now an owner of an incredible property in Pasadena and he is ever so grateful!
Loan Details
Nationality | Property Value | Loan Amount | LTV | Rate | Term |
U.K. Citizen | $2,600,000 | $1,600,000 | 60% | 2.85% | 3-year fixed, 30-year amortised |
City, State | Property Type | Purpose | Loan Type | Home use |
Pasadena, California | Single-Family Home | Purchase | Residential | Investment |