Have us contact you to see how much you may be able to borrow.. 20% down payment since mortgage insurance is not available for investment properties.
Due to government and regulatory differences in the U.S., you can expect a few differences in the mortgage process from what you are used to in Canada with TD Canada Trust. For instance, the mortgage process will take longer and also you or a Power of Attorney must be present in the U.S. for the Closing.
News stories of U.S. condos going for 50 cents on the dollar can get your juices flowing. The question is, as a Canadian, can you get a mortgage? The answer is yes. Chase Brodsky, a Florida mortgage advisor at LynxBanc, says getting a mortgage is straightforward for most Canadians. ‘Typically you’ll need 25% down,’ says Brodsky.
When Donald Trump, on his first day as president, halted a planned rate cut for government-backed mortgage insurance, Carlos Fernandez was worried about what it meant for his plans to finally buy a.
In the U.S., with healthy credit, you can expect a minimum down payment of 20%-25% for a primary residence or second home and 20-50% for an investment property. The down payment can come from your personal canadian savings, or by accessing the equity from a Canadian property with a home equity line of credit or mortgage equity take-out.
We are Canadian, and own a property in Canada and another in Florida. We have a car in Canada. Can we buy a car in Florida, leave U.S. plates on it, and bring it to Canada when we are here in the.
Among the many actions taken against Ocwen on Thursday, the consumer financial protection bureau and. trip to Vancouver, Canada, in 2014 when she got a nasty homecoming: bank of America had.
U.S. Legalization continues to buoy investment opportunity here as does the recent legalization in Illinois. As it enters higher growth mode, Green Thumb remains an interesting buy as a lower..
Enter Mike Wolf, an author and U.S. real estate investor. When Mike reached out to me recently via a friend, and asked for some time on my site, I was very curious and very skeptical why he thought buying U.S. real estate now (with our miserably low Canadian dollar) might still make sense. Here’s what Mike and I chatted about.