All Topics / Overseas Deals / Obtaining Finance to Purchase in the US

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  • Profile photo of shuey73shuey73
    Member
    @shuey73
    Join Date: 2010
    Post Count: 2

    To anyone who can assist,

    My wife is a US Citizen and we reside here in Aus without any credit history as a couple in the US. We have approached the banks in the US with regards to getting a loan to purchase property and since the GFC, without us working in the US they just don't want to know about it. I have read previous bloggs and it sounds as though there are limited options regarding obtaining finance i.e. HSBC. 

    I have conducted extensive research into the state and area in which we are looking to invest and have all the other components of a real estate team organised in the US, we are just finding it difficult, short of paying in cash, to obtain a mortgage in the US. Any assistance and guidance would be greatly appreciated regarding this matter,


    Darren
     

    Profile photo of djjkdjjk
    Participant
    @djjk
    Join Date: 2010
    Post Count: 87

    Have you looked into vendor financing in the state you are buying? Larger, commercial properties usually offer this option.

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