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Updated over 1 year ago on . Most recent reply
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Foreign investor loan interest rate in the US
Hi, I'm new to the US real estate market. As a foreigner, I know I have limited options to obtain a loan in the US, but still possible. My questions are:
1. What is the average interest rate now for a foreigner to obtain a loan in the US?
2. Have you heard of Lendai? I've found this is a Fintech that offers loans for foreigners. Any reviews of this company?
Thanks!
Most Popular Reply
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Rates for foreign investors can run from the upper 8%s to 13%...it really depends on the situation. There have been many restrictions over the years on non-US citizens attempting to purchase property in the US. Most recently, Florida has banned purchases of property near military bases and other sensitive infrastructure by people from such countries as Iran, Russia, and China. You'll want to research those restrictions before moving money to the US.