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MortgageDepot focuses on assembly the challenges confronted by debtors who’re worldwide nationals. Our entry to numerous lenders providing a wide range of financing alternatives and packages fitted to nontraditional debtors, helped a consumer beneath contract buy a home in Aventura, Florida.
The patron was a worldwide nationwide, non-permanent resident and a first-time homebuyer. He was self-employed in Ukraine and his enterprise had solely been included inside the USA for one yr, nonetheless had been producing earnings all through the U.S. for 2 years. After beforehand on the lookout for financing for the home elsewhere with no success, he contacted considered thought-about one in all our proficient mortgage originators, Julia Knurova, for help, who was capable of ship selections tailor-made to his state of affairs.
All through the transaction, Julia translated Ukrainian paperwork into English to provide an in depth clarification of the state of affairs to the underwriter. The patron was rate-sensitive and wanted a mortgage with no prepayment penalty. By means of MortgageDepot’s creative mortgage packages, Julia was capable of successfully get the patron an 80% loan-to-value on a warrantable home. With an ARM mortgage, the patron licensed for a cheaper price of curiosity.
Lastly, Julia and the MortgageDepot group had been capable of accomplish what utterly completely different lenders couldn’t. To debate your distinctive lending state of affairs with a proficient mortgage mortgage originator, contact MortgageDepot in the mean time.
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