Buffalo, NY -- 08/15/2006 – For immediate release:
After dozens of requests at his web site over the past six months from foreign nationals wishing to purchase residential rental properties in the US, Buffalo NY Mortgage Broker, Phil Cravatta, has developed an application package and guidelines for these investors to submit for loan approvals. Although the investors were particularly interested in the Western New York area due to relatively high rental incomes compared to purchase prices, the loans are available throughout the US. Foreign Nationals, having no social security number nor any credit established in the US have found it nearly impossible to secure mortgage financing for investment property purchases. Now, by using alternative credit references, these individuals can qualify.
“ The potential rate of return on investment is very strong on many of these rental properties”
Interested parties are directed to email Mr. Cravatta and request the application materials for foreign nationals. They will be sent the application which can be completed online and instructions on what documents will need to be provided for approval. Online Mortgage Services assists all applicants in obtaining the verifications required. Investors must have a strong asset base and established credit in their country of origin.
Buffalo New York based mortgage expert Phil Cravatta specializes in providing information to consumers that allows them to make informed decisions about their mortgage financing options and is a member of the National Association of Responsible Loan Officers.
Phil Cravatta is available for interviews and will welcome all your mortgage related questions.
For more information, please contact:
Phil Cravatta
Email: online_mortgage@
Site: http://www.onlinemortgagesvcs.com
