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Updated over 4 years ago on . Most recent reply

Looking for refinancing for non US citizens
Hi,
I own a duplex in Franklinton neighbourhood in Columbus Ohio and I'd like to check out some refinancing options.
ARV should be around 220,000+.
I am not a US citizen and I don't live in the so today I don't have a credit score and this is my first property.
I'd like to contact any bank or company that does long term loans for 20-30 years.
Any recommendations and what from your experience is the percentage loan I can get and the fixed interest rate?
Thanks for all responders!
Sharon
Most Popular Reply

This is a sticky wicket for sure. Your best option will likely be achieved through a commercial loan, a joint-venture type of partnership, or with a conventional loan.
With the current trends in banking I would anticipate a higher LTV for the upcoming refi than you may have previously anticipated.