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| Subject:
Canadians buying property in the United States
Category: Family and Home Asked by: ratburger-ga List Price: $2.00 |
Posted:
13 Apr 2005 23:16 PDT
Expires: 13 May 2005 23:16 PDT Question ID: 509058 |
what US lenders will loan Canadian residents money to buy a second home in the US? |
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| Subject:
Re: Canadians buying property in the United States
From: mikeleebrla-ga on 19 Apr 2005 12:48 PDT |
Lenders are licensed on a state by state basis. What state is the propery in? |
| Subject:
Re: Canadians buying property in the United States
From: ratburger-ga on 20 Apr 2005 12:56 PDT |
the property is in Arizona |
| Subject:
Re: Canadians buying property in the United States
From: nosoliciting-ga on 22 Apr 2005 13:29 PDT |
You may want to contact a Mortgage Broker in Arizona and ask if they are familiar with International Mortgages. Your local Canadian bank may have some resources, try TD Bank, as they have TD Waterhouse in the US (GMAC does Mortgages in Canada and the US as well so they may be of assistance). Because laws differ from state to state and from lender to lender they should be experienced enough to tell you what you need to do step by step rather than guessing and have a deal fall through for not being fully prepared. You may also want to find someone else who is a Canadian who has purchased property in the US and ask how they did it. First hand experience is probably best. |
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