1st Capital Group
1st Capital Group LLC is a US mortgage company that has been working with a foreign national buyers looking to purchase the real estate in the US. They are dedicated to helping the buyers locate, purchase, finance and manage the property. The company has established itself as a successful one stop shop for foreigners. “1st Capital Group’s foreign national mortgage loan division is designed to provide mortgage services exclusively to the Foreign National Borrowers planning to purchase properties in the USA” explains Nick Lazarevic, CEO and founder of the 1st Capital Group.
Ms. Lori Garlet the division manager states: “This division is doing business (dba) as FOREIGNATIONALMORTGAGE.COM since February of 2009. We have concentrated all of our resources and efforts to provide the best quality service to our foreign national clients. Thru our cooperating companies we can help clients find, purchase and finance a second home or investment property. Since the beginning we have provided the best rates, terms and diversity of foreign national mortgage loan products to satisfy the needs of our clients. Our new conforming and jumbo size foreign national loan programs that we are announcing today will give our clients even better terms and the best rates ever as far as foreign national mortgages are concerned. Also, our website www.foreignationalmortgage.com provides information exclusively to our foreign national clients”.
Mr. Lazarevic, is not hiding his excitement about new program:
” I have witnessed almost every type of foreign national loans discontinued in the last few years so I am very happy we can offer those new programs with especially as the interest rates and real estate prices have dropped to historic lows”.
Ms Garlet goes further and explains details and requirements of a new program.
“Loan details are:
• 30% down Payment
• 5.00% to 6.25% Interest Rates (right now)
• Term, 30 years fixed
• Loan amounts up to $1.5M
• Up to 6% seller’s contribution allowed
• No prepayment penalty
• Property can be purchased in the name of a domestic LLC
• Closing in 30 to 40 days
Loan requirements are:
• Copy of a purchase agreement
Copy of passport with visa if required
• 4 personal Credit References (Credit card, Mortgage,
Car lease, Landlord Letter, Utility bill)
• If self employed accountant letter or employer letter
• Last 2 months bank statements showing enough funds for 30% down payment plus 6 months payment reserves
• Must open a checking account with the lending bank (need direct debit set up for a mortgage payment) Deposit is FDIC insured
Considering affordability of real estate and present currency exchange rate it seems the best time ever for foreign nationals to purchase real estate in the United States” Ms. Garlet concludes.
For more information or to schedule an interview please call Mr. Brian Garrett at
877-357-3838 or email at info@foreignationalmortgage.com, or you can visit one of our website
WWW.FOREIGNATIONALMORTAGE.COM or WWW.1ST-CAPITALGROUP.COM.
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