Zillow Advice: Lenders - Are there any Florida lenders granting loans to foreign nationals for 2nd homes in Florida http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ Zillow Advice | Zillow Real Estate [Hotlink removed by Zillow ... http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ [Hotlink removed by Zillow moderator. Please see our&nbsp;<u><a style="text-align: right;" rel="nofollow" title="Good Neighbor Policy" href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a></u>&nbsp;for information.] Thu, 19 Dec 2013 01:58:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ 2013-12-19T01:58:00Z Hello Nauds,Unfortunately, ... http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ <p>Hello Nauds,<br/>Unfortunately, <a href="http://www.zillow.com/mortgage-glossary/Fannie-Mae/">Fannie Mae</a> and <a href="http://www.zillow.com/mortgage-glossary/Freddie-Mac/">Freddie Mac</a> recently changed guidelines and no longer allow foreign nationals as eligble applicants.&nbsp; Financing is still possible but through "Hard" money <a href="http://www.zillow.com/directory/lenders/">lenders</a> or private investors who are willing to take the risk for you at a higher cost.</p> Tue, 03 Feb 2009 23:21:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ 2009-02-03T23:21:00Z There are programs but rates ... http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ There are programs but rates and fees are high.&nbsp; Typical down payment would be around 30%.&nbsp; Additionally, try and find a single family, not a condo as the single family is much more easily financed. Tue, 03 Feb 2009 15:05:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ 2009-02-03T15:05:00Z The best thing to do is put ... http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ The best thing to do is put in a quote on Zillow like Marcelo mentioned. Put in all the inormation in the notes. I'm sure someone will get back to you.<br/>Good Luck. Mon, 02 Feb 2009 00:27:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ 2009-02-02T00:27:00Z If you are fortunate enough ... http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ If you are fortunate enough to have a large amount of money in stocks or bonds, ( 20% more than the price of the home you are buying ) then you can do a securities based <a href="http://www.zillow.com/mortgage/">loan</a>. Say $500k, you can borrow 80% of that, or $400K, then you can finance 100% of the sales price. Rates around 4% - 4.5%&nbsp;with up to 10 Year term, interest only payments. There is no <a href="http://www.zillow.com/Mortgage_Rates/">mortgage interest</a> deduction since you are leveraging the securities and not the home. Sat, 31 Jan 2009 14:27:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ 2009-01-31T14:27:00Z Yes there are but you will ... http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ Yes there are but you will have to pay more for a <a href="http://www.zillow.com/mortgage/">loan</a> like that. Several points up front, higher rates and 40% down.<br/>It's not real appealing. Sat, 31 Jan 2009 02:10:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ 2009-01-31T02:10:00Z YES.Put in a request thru ... http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ YES.<br/><br/>Put in a request thru Zillow for a quote.<br/><br/>Good Luck. Wed, 28 Jan 2009 13:10:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Florida-lenders-granting-loans-to-foreign-nationals-for-2nd-homes-in-Florida/193268/ 2009-01-28T13:10:00Z