IFC NewsFlash
Lowest Fees -

"We offer the lowest interest rates and fees available anywhere.."

 Please check out fees & rates!

 



General News -

European mortgage markets have performed exceptionally well in recent years, and this solid performance continued in 2006. Rapid house price growth, high demand for housing and increased competition have pushed mortgage markets onwards. But can we expect the boom times to continue and, if they do, which markets will benefit?

 

 

 

 



British nationals -

‘ONE BRITISH NATIONAL EMIGRATES EVERY THREE MINUTES’

New research from the Institute for Public Policy Research (IPPR) has revealed that some 198,000 British nationals moved overseas last year, bringing the total to 5.5 million. Its report goes on to predict that another one million will make the move in the next five years, which equates to around one person every three minutes.

The strong pound seems to have been a key factor in the decision to move overseas. Danny Sriskandarajah, associate director of IPPR, says: “When the going is good, Brits get going. Brits are looking for a better job, a better quality of life or a sunny retirement. Very few leave because they think the country has ‘gone to the dogs’.”



SPANISH CAPITAL GAINS REDUCTION -

BRITS TO BENEFIT FROM SPANISH CAPITAL GAINS REDUCTION

From 1 January 2007, Capital Gains Tax (CGT) in Spain for non-residents is set to drop from 35 per cent to 18 per cent, bringing the rate in line with the Spanish residents’ rate. This is great news for current and future investors, effectively halving the tax you have to pay on any gain in value of your home between its purchase and resale.



Gulf Coast Florida -

Destination Spotlight - Gulf Coast - Florida USA

Florida is known as the "Sunshine State", famed for its warm year-round climate, its exciting theme parks and sandy beaches.  The State has promoted itself to tourists since the mid 19th century but it was the development of Walt Disney World in the mid 1960s that confirmed Florida as a top international tourist destination.  Whilst many of the thousands that visit Florida each year get no further than the attractions and entertainments of Orlando, both the gulf and gold coasts of the State are growing in popularity amongst Europeans and are developing their tourist trade.

Florida’s Gulf Coast, bordered by the warm Pacific waters, offers a welcome respite from the brashness of Orlando.  Here you will find lively towns and quiet villages alongside long sandy beaches, small islands and expanses of hidden swampland. Some of the southern coastline is still fairly undeveloped and many visitors come simply to kick back and chill out.

A quick tour of the Gulf Coast




IFC NewsFlash IFC NewsFLash, © financeandsales.com
Search
Login Form





Lost Password?
No account yet? Register
IFC Group
IFC-half-page.png
Financing - USA PDF Print E-mail

USA - Mortgage Financing

Introduction to Mortgage Financing in U.S.A.

We at IFC understand the importance of choosing your mortgage. Select the mortgage program that is right for you, including Pick-A-Payment, which lets you choose from up to 4 payment options each month!

Our recommended foreign national programs, for non US residents obtaining US mortgages are currently based on 30% down with employment or accountant letters and paper trail for the source of the required funds. The paper trail is a requirement for non-residents when obtaining ANY loan in the US.  We simply need to see where the funds have come from, either bank account or re-mortgage (re-finance) of another property.

With 35% down, same as with 30% but no need for an employment or accountant letter. At 40% down or more, there is no income documentation required altogether.

Due to recent changes in the mortgage market 75%LTV is only made available on a case-by-case basis for foreign nationals. Ask IFC for details on who may qualify?


Interest rates starting at 4.25%.

                                                             free

 
The different loan programs recommended have the following characteristics:

 

  • 40 YEARS FIXED:

Self-explanatory, fixed for fourty years.

 

  •  30 YEARS FIXED:

Self-explanatory, fixed for thirty years.

 

  • 3 OR 5 YEAR FIXED:YEARS FIXED:

Fixed for the first three or five years and converts into a one-year variable for the remaining term of the loan. That rate will be determined at the conversion period and will be subject to market conditions. This program has the option of paying interest only.

 

  •  PAYMENT OPTION VARIABLE
 

This program allows the borrower to select any of three payment options every month; Full repayment, interest only or minimum payment at a rate of 1.0%. One of the many advantages of this program is that it allows the borrower to pay according to his cash flow. These programs are available at 80% of appraised value or purchase price, whichever is less, and with no income certification. There are other programs available, which would need to be considered on a case by case basis according to the circumstance.

 

U.S.DOLLAR or MULTI-CURRENCY LOAN OPTIONS ARE NOW AVAILABLE FOR MOST STATES IN THE U.S.A.

 

Current T Bill Indexed Rate: 5.00%
 

Sterling Mortgages: (PROGRAM SUSPENDED UNTIL FURTHER NOTICE)

Sterling loans are mortgage loans tailored to UK mainland residents only where you pay your monthly installments in British Pounds in the UK for your property in the US. They are  for 5 years to 25 years term and can be 20% down with full income certification and 25% down and over self certification. These loan programs have no early redemption penalties, no mortgage repayment reserves required, no lien on UK property, gifts from family members for down payment permitted, interest only option on all products for entire term of the loan, fully US tax deductible mortgage interest payments and payment holidays available subject to conditions.

The different Sterling Loan programs are as follows:

 

  •  FLEXIBLE TRACKER:

UK Variable Base Rate (at present time 5.75%) plus 2.74%.

 

  •  ONE YEAR FIXED:

Initial rate of 6.74%  with reversionary rate of UK Variable Base Rate plus 3.24% after first year at which time becomes a Flexible Tracker.

 

  •  TWO YEAR FIXED:

Fixed rate at 7.74% with reversionary rate of UK Variable Base rate plus 3.24% after the second year at which time becomes a Flexible Tracker.

 

  •  THREE YEARS FIXED:

Fixed rate of 7.99% with reversionary rate of UK Variable base rate plus 3.24% after third year at which time becomes a Flexible Tracker.

Mortgage, Financing, Requirements

If you have  a question or require further details on mortgages for USA, please CLICK HERE and a qualified member of staff at IFC will reply to you promptly.


free


Please do not hesitate to contact us .

As always, there is NO cost or obligation to find out what we can do for you.

To get the most accurate interest rate, please apply online or call one of our loan officers, US +1 407 856 6677  - UK +44 (0) 871-780-1677
 

 
 
Equal-Housing-Lender-Opportunity
Approved By MortgageLoan.com

| Mortgages And Finance Overseas | Pre-Qualify | Contact IFC | Site Map |
 | American Mortgages–Financing In America | Australian Mortgages–Financing In Australia/NZ | British Mortgages–Financing in UK |
 | Bulgarian Mortgages–Financing In Bulgaria | Canadian Mortgages–Financing In Canada | Costa Rican Mortgages–Financing In Costa Rica |
Cypriote Mortgages-Financing In Cyprus French Mortgages–Financing In France | Italian Mortgages–Financing In Italy | Sponsor |
| Mexican Mortgages–Financing In Mexico | Moroccan Mortgages-Financing in Morocco | Portuguese Mortgages–Financing In Portugal | Jobs |Spanish Mortgages–Financing In Spain |
 | Turkish Mortgages–Financing In Turkey | Floridian Mortgages - Financing in Florida | Overseas Commercial Finance - Commercial Financing Overseas |
| IFC - United Kingdom Website | IFC - United States Website |
2009 International Financing Consultants. Overseas mortgages, made easy
IFC - International Financing Consultants.