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Updated over 9 years ago,
Refinancing as a Foreigner
Hello All, I am an architect living in Singapore for the past 5 years. Prior to that, I lived in the Chicago area and own a condominium there since 2007. At the time of the purchase, the interest rates in U.S. were on the higher side so I locked in a 30 year fixed loan at 6.125%. Now that the interest rates are considerably lower, I am looking to refinance.
I have spoken to a few lenders in the Chicago area but they are unable to assist me as I am not a resident or citizen of the US. Does anyone have any advice on how I can refinance?
Thanks much for your guidance.
rahul