What are Foreign National Loans?
In the U.S., a Foreign National Loan is a loan to an individual who is a citizen of any country other than the United States. The loan can be used to purchase a home in the United States as a vacation home (second home) or as an investment property.
Why are banks and many private lenders unwilling to grant foreign national loans?
After 9-11 and especially since the current U.S. economic difficulties, big conservative banks and many private lenders have refused to offer foreign national loans because they think they are too risky. This is especially true for super jumbo loans – residential loans for properties selling for $2 million and up.
How is Cyan able to offer Super Jumbo Foreign National Loans?
Cyan can offer foreign national loans for U.S. residences of $2 million dollars and up because we obtain our capital from private lending sources. Our investors are very comfortable providing funds for Super Jumbo Foreign National Loans or Super Jumbo Loans for U.S. residents.
What are the benefits of Cyan’s Super Jumbo Loans for foreign nationals?
- Interest only mortgage loan
- Loans with 50-70 LTV
- Loan amounts from $2-10 million
- 5/1 ARM with rates as low as 4.75% (subject to change)
- Private banking relationships with wealth management services
- Cyan offers among the lowest rates in the U.S.
Why is NOW a great time to invest in property in the U.S. and with a Super Jumbo Loan from Cyan?
- U.S. mortgage interest rates are very low. And Cyan offers among the lowest rates available in the U.S.
- U.S. dollar value is at an all time low. The floating exchange rate gives foreign nationals more leverage and advantages at the bargaining table.
- Current lower prices on homes enable foreign nationals to get “more house for their money.”
- Despite the devaluation of the U.S. dollar and many foreclosures, the real estate market is stable due to foreign investors’ capital appreciation. And the U.S. has one of the most stable governments in the world.
- U.S. state governments encourage foreign investments with tax breaks for real estate.
- The economic climate (low rates, sinking value of U.S dollar, lower prices on existing homes) makes it easy for foreign national investors to maximize their real estate investment better than almost any time before.
- And, of course, the single most important factor is that Cyan can actually deliver a Super Jumbo Loans of $2 million and up better and faster than anyone else.
There’s never been a better time for foreign nationals to buy a beautiful U.S. home. And there’s no surer way to get the private funding you need than from Cyan Capital.
Cyan Says “Yes” When Others Say “No”
Don’t wait. Call Cyan today at 212-949-4363.
