Foreign National Home Loans

30% down payment. 6 months of reserves.

Assets Held in U.S. Bank – The down payment, closing costs, and reserves must be verified with a VOD or computer bank statement. and deposited in a U.S. bank prior to closing.

Self Employed Borrowers:

• Two (2) years foreign tax returns are required from borrower’s resident country (if available based on tax reporting laws of country of origin), P&L and Balance Sheet.  A letter from an independent accountant and or attorney that is not related to borrower’s business in any way.

Salaried Borrowers:

• Paystubs covering a minimum of 30 days (which include YTD income) AND one (1) of the following: 1) W-2 equivalent or 2) Two (2) years tax returns from borrower country of origin;

OR

• A letter from employer on company letter head providing current monthly salary, YTD earnings and total earning for the past 2 years. Letter from employer must be on company letterhead, including address and company web address, Employer to be independently verified (LexisNexis, D&B, Google, other). All docs must be translated by an independent certified translator; AND

• Two (2) years foreign tax returns are required from borrower’s resident country (if available based on tax reporting laws of country of origin)

702-326-7469 – talk/text           Email: DSherbondy@AllWestern.com