Canadians Looking for Mortgage for Florida Home

[Samantha Gray]

Hello !

My husband and I have recently put an offer in on a house in Florida, we went through 2 months of back and forth with a bank out of Michigan, only to be declined two days before the closing date (We literally were packed and ready to go.) They decided foreign income was not acceptable.

We are looking for advice on getting a mortgage to finance the U.S home. We have all paperwork (appraisals, surveys, inspection, insurance, etc) Everything is wrapped and ready to go. 

Would really appreciate some advice from you seasoned home buyers. 
Thanks!

[Nicholas Covington]

Hello Samantha, sorry that you have had a negative experience trying to close on a home loan in the states.

Foreign national programs are quite popular but are normally for investment properties. I would assume that since this is an investment website, you are looking to purchase a rental home, but did not want to assume. 

I would say a mortgage broker is likely going to have an easier time getting this to the finish line than a bank.

If you would like some assistance in locating someone to get this done, feel free to reach out.