MORTGAGE
LOANS FOR PROPERTIES VALUED BETWEEN $100,000 AND $500,000
INITIAL DEPOSIT: 20% - 30%
(Non US Residents must put down a minimum of 20%)
(US Residents may qualify for a lower deposit)
Your
will require copies of the following:-
A. Copy of borrower(s) and co-borrower(s) passport and visa, SS# or
D.L.
B. Employment history, please provide one of the following items:
Letter from employer stating 2 year gross year to-date. Examples provided
upon request.
2 most recent pay slips and two years Tax Returns or P-60's.
If self employed. Letter from accountant showing 2 year gross year to-date
income.
Pension statement (if applicable).
C. Copies of 3 most current months of bank statements for accounts that
funds will be coming from.
D. U.S. account with all funds for closing, including a reserve for
six months of monthly payments: Mortgage payment, interest, tax and
insurance. (Please see our loan contact our loan officer if you need
information to open an account).
E. Copy of stock certificates (if applicable).
F. One (1) Bank reference letter.
G. One (1) Credit reference letter, this must come from a place, which
you have established credit with. H. 2001 Annual Mortgage Statement
for home in country of origin.
