Bank financing in the US is simple and efficient. Banks lend up to 70% to real estate prices in Florida, without any restrictions on foreigners.
The first step is the pre-qualification, which is done with a financial institution, through the documents presented by the buyer.
The following is an updated list:
1 - Copy of passport with valid visa
2 - Copy of income tax (last two years)
3 - Copy of the last 3 bank statements,
4 - Copy of the statement showing the amount of down payment
5 - International credit - Serasa
7 - Proof of salary or accounting letter showing the amount related to the monthly payment
In this way the pre-qualification would be a letter provided by the financial institution, and the bank would certify that the buyer will preliminarily be able to make the purchase.
American banks finance the foreigner in up to 70% of the value of the property with a term of financing of 15 or 30 years.
The term for approval of bank credit varies from 30 to 60 days.
For more information consult one of our brokers! Make the investment of your life!