Our very own account executive, Janice Chernitzky, was recently published in the February 2022 issue of the Scotsman Guide! See what she has to say about Foreign National borrowers, and why loan officers should be open to meeting the demands of this lucrative space in the non-QM market.
“Foreign nationals spend billions every year on homes in the U.S. — and many of these affluent buyers pay cash, even if taking a mortgage would make more sense for their financial situations. These buyers simply don’t realize that they can finance a property on American soil. As a result, there’s an incredible untapped opportunity in lending to homebuyers who don’t live in the U.S…” (Click here to read more)