The Client
Our client, an Australian Executive, wanted to invest in an apartment unit that was in an unliveable condition in St. Louis, Missouri, to fix and hold it.
How We Helped
Finding a lender was not easy for our client as he had no U.S. credit. He reached out to us in hopes that we’d be able to assist him. Within 20 days, our team found a lender using his local credit score and ARV and at an amazing rate of 7.85%!
We found the client a very competitive foreign national mortgage, and they were able to take advantage of this Tax Incentive.
Loan Details
| Nationality | Property Value | Loan Amount | ARV | Rate |
| Australia Citizen | $450,000 | $247,500 | 50% | 7.85% |
| Term | Address | Property Type | Purpose | Loan Type |
| 12 Months | St. Louis, Missouri | Single-Family Home | Fix-and-Hold | Residential |
| Nationality | Australian Citizen |
| Property Value | $450,000 |
| Loan Amount | $247,500 |
| ARV | 50% |
| Rate | 7.85% |
| Term | 12 Months |
| State | St. Louis, Missouri |
| Property Type | Single-Family Home |
| Purpose | Fix-and-Hold |
| Loan Type | Residential |
