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99
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18
Votes
Colin McMahon
Pro Member
  • Lender
  • Miami
18
Votes |
99
Posts

The Cost of Waiting to Invest in the U.S. Real Estate Market!

Colin McMahon
Pro Member
  • Lender
  • Miami
Posted

Are you an international investor looking to buy, refinance, or cash out on a U.S. investment property? Our specialized mortgage services cater to non-U.S. residents interested in properties up to 8 units. Even without a FICO credit score, SSN, or U.S. income, you can qualify for our tailored loan programs.

The cost of waiting

Waiting for interest rates to drop can be costly. For a $350,000 home:

  • At 8%, your monthly payment is $2,568.18.
  • At 7.5%, your monthly payment is $2,447.25.
  • The difference is only $120.93 per month.

Meanwhile, the median home price in Florida increased by approx. $20,000 in one year, (^5.2%) far exceeding the annual difference in mortgage payments of $1,451.10. Focus on securing your investment now rather than waiting for a minimal interest rate change.

Key features of Milo’s loan programs:

  • Loan Options: Buy, refinance, or cash out with up to 75% LTV for purchases, 65% LTV for refinancing, and cash-outs.
  • Minimum Loan Amount: $150K.
  • Eligible Properties: Including short-term rental properties.
  • Downpayment: Minimum of 25-30% required.
  • Fast and Efficient: Prequalify in under 5 minutes through our secure online platform; our mortgage pre-approval application can be completed in 10 minutes with instant rate and fee transparency.
  • Quick Closing: We typically close in 21 days or less. In qualifying states, you can close fully remote without needing to visit the U.S.
  • Tailored for Foreign Nationals: Social Security Number, U.S.-based income, or credit history not required.
  • Extensive Coverage: Servicing Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Mississippi, Missouri, Montana, Nebraska, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, and Wyoming.

Invest in the U.S. real estate market with ease and confidence. Contact us today to begin your journey towards successful property investment!

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