The Cuttler Team

Residential Sales Specialists

Financing Your Home Purchase As A Foreigner

 

 Financing can be a real challenge for non-resident aliens. Most US financial institutions do actually treat Canadians like full-fledged Aliens! For some reason, they either don't want or can't read Canadian tax returns and credit reports. If you ask me, they're just lazy. This has made it very challenging to get competitive financing options for Canadians in Arizona - especially in the tight credit market we are currently in!

We are finding that many Canadians, after researching financing here, are choosing to arrange financing in Canada and bring cash to purchase. Not only are they finding better terms on their loans in Canada, but this option also allows them to sometimes negotiate a better deal with the seller by proving their ability to close quickly with little hassle.

Recently, lending to foreigners has loosened up considerably - especially for Canadians because of the volume of Canadians that have 'invaded' our real estate market over the past 5 years.  We have found a few lenders that may be able to assist you and your 'alien' families. You can speak with them directly to obtain finance terms for your home purchase:

 

Kirk Anderson - BNC National Bank

602-508-3777

480-235-3491 cel

Bob Breverman - imortgage
602-989-5455
bob.breverman@imortgage.com

Jamie Cordova - Washington Federal - 602-803-5358

http://www.washingtonfederal.com/Home-Loans/Mortgages.aspx