Looking for a foreign national lender for a UK borrower. Purchasing a condo in FL.

The condo is in a 4 story building (not high-rise), established community, and the purchase price is $281,000.
  • December 01 2009 - Sarasota
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Answers (6)

I may be able to  help.  Where is the condo located? 
  • October 25 2010
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Put in loan request on Zillow with all the details.
  • December 06 2009
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Steven,

Last time I was in FL several banks in most larger communities flew along with our country's flag, a Canadian & British flag. That's who's door I would knock on. .... Good luck!
  • December 03 2009
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Profile picture for Liberty Mortgage

Foreign National Banks have really disappeared over the last few years although there are still a few available-  Rates and Fees will be high if your client can handle it-  The unit being a condo may force a larger down payment, say 30% and the condo must be solvent and current on HOA dues with very few delinquencies.  Most of the lenders only deal with South Florida as well.

  • December 03 2009
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Profile picture for SunTrust
There are (or were) banks in the UK that would lend to UK citizens on Florida properties. Your client may want to check that avenue as well.
  • December 01 2009
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  • December 01 2009
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