Foreign National Mortgages

If you are a Foreign National Investor looking to expand and/or add to your investment portfolio US commercial real estate assets, you have found the right team. We offer commercial mortgages expertise and a wide range of conventional and institutional mortgage products at great pricing and structure. Whether you are purchasing or refinancing commercial properties in the US like multi-family, industrial, office, retail, hotels, gas stations, and other assets, we can help you. Do not fall for a hard money loans without first speaking with one of our experts and evaluating your options.

• Purchase and refinance available
• No SSN or ITIN required
• Non-us credit required
• Self-employed: Minimum 2 years verified by CPA in country of origin with income verification
• No tax returns required

Do you own a successful business in your country and are looking to expand operations into the US? You have found to the right team. Our team of experts can guide you through the entire process and work with you to help you acquire a suitable space for your business. JACOG recognizes there are many ingredients to a successful international expansion. You need to know everything you don’t know before you even get started. We take the hard work and logistical hurdle of expanding into the US off your plate. We offer conventional and institutional commercial mortgage products.

• Purchase and refinance available
• No SSN or ITIN required
• Non-us credit required
• Self-employed: Minimum 2 years verified by CPA in country of origin with income verification
• No tax returns required

If you are looking to acquire a second or a vacation home anywhere in Florida, we can help you with a mortgage product that will allow you higher purchasing power. While non-resident alien loans can be complex, there are numerous conventional optional available for Foreign National Buyers. You can count on JACOG Advisors experience underwriting Foreign National Mortgages. We are more than another mortgage company; we provide the guidance you need from the moment of application to closing.

• Purchase and refinance available
• No SSN or ITIN required
• Non-us credit required
• Self-employed: Minimum 2 years verified by CPA in country of origin with income verification
• No tax returns required

JACOG Advisors Mortgage Team, makes a suitable partner when looking to finance ultra-luxury or high-end residential real estate assets. Through our Jumbo and Super Jumbo underwriting expertise, we offer mortgage products that have flexibility of borrowing with less restrictions. They can be used to finance primary residences, second or vacation homes, and investment properties. A Jumbo Loan may also be the right option when refinancing an existing home loan or consolidating multiple mortgages into a single loan.
A mortgage is generally considered a Jumbo Loan when it exceeds the conforming loan limit, $484,350 in most U.S countries, set by Fannie Mae and Freddie Mac. Super Jumbo Loans usually include mortgage amounts over $1 million.

Some of the program highlights:

• Typical Loan amounts to $30,000,000*

  Higher amount available

• 90% LTV considered with pledge assets
• 100% LTV considered with cross collateralization
• Interest only options available
• Vesting in trust, sub S corporations, LLCs and partnerships allowed

Condos are a group ownership property type and they’re categorized by lenders as riskier than a typical Single-family Residence. With a condo you typically don’t own the land under the building and because lenders see them as a slightly higher risk, they underwrite the property more stringently. This also means you can expect slightly higher rates and down payments, but do not worry because at JACOG we offer a wide range of options that can help you meet your mortgage needs. There are many different condo categories and approval types.

Warrantable- Condo Project that’s approved for Fannie Mae (conventional) financing.

Non-Warrantable- Condo project doesn’t meet Fannie Mae guidelines for condos. These will require special financing and typically a larger down payment.

Condotel- A condotel is a condominium project that is operated as a hotel with a registration desk, cleaning service and more. The units are individually owned. Unit owners also have the option to place their unit in the hotel’s rental program where it is rented out like any other hotel room.

Site Condo -detached condo unit, similar to a single-family home.

Condotel (Condo-Hotels) -A condotel is a condominium project that is operated as a hotel with a registration desk, cleaning service and other amenities. The units are individually owned. Unit owners also have the option to place their unit in the hotel’s rental program where it is rented out like any other hotel room.