My relationship manger at the bank has explained that obtaining a mortgage over here is a non-starter as my credit history in the US is practically non-existent and I don't have the two years worth of tax returns needed as a minimum requirement.

We explained the large commercial buyers like to do due diligence before committing to a new project and if word gets out early it can scare them off and create a public black eye for when it is announced they have committed and have not.When all properties for the project are under contract THEN the site plans are submitted with going public etc.

You don't have to explain the legalities of subject to to them.

Hey Guys,Could you explain how you determine what grade a neighborhood is from A - D?

BTW, the original poster misspelled "principal" as "principle" which may explain the lack of search results.

This is a clause that's established as explained to me by another regional loan center representative , due to the fact that active duty members can use the loan and occasionally these members have to move due to orders.

Once you find one you feel comfortable with you should have them run your scenario and explain any obstacles you may need to hurdle.

Eli,So if you are doing it with no money or credit can you explain that trick to everyone on BP.Joe Gore

can someone please explain how Fannie Mae Homepath works for investors?

Please explain!