Financing for Foreign Nationals

Disclosures:

This is not an offer or commitment to lend. This is not an offer to sell or buy securities. Only available whereas legal. Rates, Fees, and Terms, whether minor or major are subject to change without notice.

New 100 Program:

Financing For Foreign Nationals.

If The Borrower Has No Us Credit Then We Can Do:

If Borrower Has Us Credit And Qualifies With The Fico We Can Do:

Documents To Qualify Are Minimal:

Qualifications:

Property must be Residential 1-4 Unit Urban or Suburban Locations only Rehab Cannot Exceed 50% of Purchase Price on 1st 3 Deals Subject Property must be vested in a Business Entity Minimum Experience of 1 deal in the prior 24 months Must have 2019 /2018 Personal Tax Returns 620 Min FICO or Higher with No Derog Credit Clean Background Check Must utilize a Licensed GC

Minimum Liquidity

Available States:

Texas, Illinois, North Carolina, South Carolina, Florida, Georgia, Tennessee, Ohio, Pennsylvania, California, Washington, Oregon, New Jersey, Massachusetts, Iowa, Oklahoma, Missouri, Colorado, Maryland, Virginia, Minnesota, Alabama, Utah. Other states maybe available on a case by case basis.

Qualifications Continued:

Must provide HUD-1s from any completed deals on both the Buy and Sell, and a detail of the rehab completed. Soft Costs include interest costs, loan fees, title fees, insurance, and property taxes.
Must provide HUD-1s from any completed deals on both the Buy and Sell, and a detail of the rehab completed. Soft Costs include interest costs, loan fees, title fees, insurance, and property taxes.
Borrower must be gainfully employed or prove some source of income.
Liquid Funds must be a in checking or savings account. Non Liquid or Semi Liquid Funds are not counted. Area must have a 90-180 Days on Market Average. Rehab must be under 90 Days or the DOM must be reduced accordingly.
Borrower must carry Builder’s Risk. Single Family Homes or 2-4 Units, No Condos, Townhomes, Land, or Commercial. No Lot Sizes over 2.0 Acres

Documents Requested:

Guarantor:

Borrower:

Subject Property:

How To Get A PreQualification:

Step 1. Remit the following documentation:
Step 2. With in 24 Hours, NewRepublicFunding.com will issue a Pre-Qualification and Missing Document Checklist, along with the Link to fill out the applications.

Steps To Get Funded:

New 4.75% Foreign Nationals Program FAQ:

80% rate and term & up to 80% Cash out – refinances only
Minimum loan amount of $280,000. A minimum of 5 assets worth above $70,000 must be refinanced simultaneously.
No rehab can be needed. This is a DSCR loan which means it is a refinance for rental assets. No purchases
We have two separate fix and flip programs. This program does not apply to fix and flips. I will provide fix and flip information.
This program is for single family asset portfolios, only in select states.
We have other programs which the rate is about %1 higher

Brokers & Referral Partners:

Brokers and/or referral partners are protected and appreciated. Brokers may charge up to 2.5% of the loan amount funded. Brokers cannot charge any upfront fees.
White Paper Relationships are available based on volume.