http://www.sarasotaexperience.com/2008/11/19/foreign-national-lending/ Toll-Free 877-774-3782 Fri, 23 Dec 2011 18:28:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.sarasotaexperience.com/2008/11/19/foreign-national-lending/comment-page-1/#comment-141 Perry Corneau Wed, 19 Nov 2008 20:37:32 +0000 http://pcorneau.wordpress.com/?p=715#comment-141 These loans do exist but they are no longer being sold on the secondary market. Banks originating foreign national loans and keeping the loans in their portfolios. Not all banks are willing to provide financing to Foreign Nationals but the ones that do often charge addtional origination fees in the area of 1 to 2 points. I have also had clients borrow funds against assets overseas to pay cash and take full advantage of the exchange rates. These loans do exist but they are no longer being sold on the secondary market. Banks originating foreign national loans and keeping the loans in their portfolios. Not all banks are willing to provide financing to Foreign Nationals but the ones that do often charge addtional origination fees in the area of 1 to 2 points. I have also had clients borrow funds against assets overseas to pay cash and take full advantage of the exchange rates.

]]> http://www.sarasotaexperience.com/2008/11/19/foreign-national-lending/comment-page-1/#comment-140 Jacob Morales Wed, 19 Nov 2008 19:28:38 +0000 http://pcorneau.wordpress.com/?p=715#comment-140 I'm surprised these loans still exist. I’m surprised these loans still exist.

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