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Obtaining a US mortgage is not easy, but it is not impossible. It takes time, hard work, and is a complex process. If you are thinking of obtaining a US mortgage for your US real estate property purchase in Florida, you need to start early as the process takes a lot longer in the US than in Canada (up to.
When you feel the first chill of a Canadian winter, are you thinking about packing your bags and heading south? You’re not the only one: More than 500,000 Canadians currently own property in Florida alone, where the median home price is US$169,400, as per a BMO outlook report. Even with the exchange rate, you may be able to find a relatively.
How to shop for a mortgage. Like your most trusted shopping buddy, our guide on how to shop for a mortgage lender and a mortgage rate will show you how to hone your bargain-hunting skills and get.
Portability: Speaking of mortgage penalties, one way to avoid them if you move is to have a portable mortgage. This means you can transfer your mortgage to your new home and combine it with a new.
We provide specialized mortgage lending services for Canadians in Florida. Our US Mortgage lending team has access to over 20 US banks and lending institutions in Florida providing specialized mortgage products for Canadians purchasing principle residence properties, seasonal or second home properties, real estate investment properties and large scale commercial properties.
Florida Mortgage Corporation offers 75% financing to Canadian citizens, that features NO DOCUMENTATION and quick and easy approval. We welcome Canadian citizens to apply for a mortgage and a pleasant experience. Over 19 years of serving Canadian citizens.
Here are just a few of the most important things that Canadians should know about buying a second home in the Sunshine State of Florida. 1. Canadian Airlines Fly to Florida More Than Ever. If you are lucky enough to own a second home in Florida, you might want to travel back and forth from your home in Canada on a regular basis.