Mortgage Do's And Don'ts

Mortgages can be tricky, and it's easy to make mistakes that can end up costing you dearly. That's why we've put together this list of Mortgage Do's and Do not's to help you navigate the process with ease - and a little bit of humor.

DO: Shop around for the best mortgage rates

DON'T: Assume your bank will give you the best rate just because you have a checking account there. Remember, loyalty is a two-way street.

DO: Have a budget in mind

DON'T: Get in over your head. Just because you can technically afford a million-dollar mansion doesn't mean you should buy one. You don't want to be house-poor and unable to afford groceries.

DO: Get pre-approved before house-hunting
.

DON'T: Assume you'll be approved for a mortgage just because you have good credit. Pre-approval is important because it gives you a better idea of how much house you can afford and shows sellers that you're serious.

DO: Consider your future plans

.
DON'T: Assume you'll live in your new house forever. Life happens, and you may need to sell sooner than you think. Make sure you're not getting into a mortgage that you can't realistically afford if you need to move in a few years.

DO: Get pre-approved before house-hunting
.

DO: Consider your future plans

DO: Read the fine print

DON'T: Sign on the dotted line without reading the terms and conditions. There may be hidden fees or clauses that could come back to haunt you later.

DO: Be prepared for unexpected expenses

DON'T: Assume everything will go smoothly. There may be unforeseen expenses, like a leaky roof or a broken furnace, that can quickly drain your savings. Be sure to budget for these types of surprises.

DO: Read the fine print

DON'T: Sign on the dotted line without reading the terms and conditions. There may be hidden fees or clauses that could come back to haunt you later.

DO: Be prepared for unexpected expenses

DO: Have a good sense of humor

DON'T: Take everything too seriously. Yes, buying a house and getting a mortgage can be stressful, but try to find the humor in the situation. After all, laughter is the best medicine for a stressful day.

By following these Mortgage Do's and Do not's, you'll be well on your way to successfully navigating the mortgage process - with a smile on your face. Good luck, and happy house hunting!

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💰 No U.S. Credit? No Problem — How Foreign Investors Finance U.S. Real Estate 🏠

🌎 Invest Globally, Borrow Locally: Foreign National Loans Explained 💼

Bill Rapp, Commercial Mortgage Broker

October 29, 2025•2 min read

🌎 Invest Globally, Borrow Locally: Foreign National Loans Explained 💼

💰 No U.S. Credit? No Problem — How Foreign Investors Finance U.S. Real Estate 🏠

Think you need U.S. credit to invest in American real estate? Think again.

For international investors, U.S. real estate remains one of the most secure, profitable, and stable markets in the world. But what if you’re not a U.S. citizen or resident? That’s where foreign national loans come in. These specialized mortgage programs are designed to help non-resident investors purchase or refinance property in the United States — without traditional U.S. credit requirements.

🏦 What Is a Foreign National Loan?

A foreign national loan is a mortgage program for non-U.S. citizens or non-resident aliens who want to buy real estate in America. These loans exist because international investors often don’t have U.S. tax returns, credit history, or income documentation that traditional lenders require.

🌍 Who Qualifies

Typically, foreign national loans are available to:

·Non-U.S. citizens living abroad

·Non-resident aliens visiting the U.S. for business or investment

·International investors purchasing U.S. property as an asset or income stream

You don’t need a U.S. green card, Social Security number, or even a local employer — just verifiable income and assets from your home country.

💸 Typical Requirements

Foreign national loans generally require:

·Down payment: 25%–35% (sometimes higher for condos or commercial properties)

·Reserves: Several months of principal and interest payments held in reserve

·Credit: International credit report or bank reference letters

·Income proof: Verified through CPA letters, foreign pay stubs, or tax returns

These requirements may seem stricter, but they help lenders manage risk while allowing global investors to access U.S. financing options.

🏢 Property Types You Can Finance

Foreign national loans can be used for a variety of investment properties, including:

·Single-family homes or condos

·Multifamily properties

·Mixed-use buildings

·Commercial real estate (depending on lender)

Whether you’re buying a Miami condo, a Texas rental portfolio, or a California apartment building — there’s a loan program that fits.

🌐 Why Investors Use Foreign National Loans

For international investors, the benefits go far beyond ownership:

·Access to U.S. markets: Diversify your portfolio into one of the world’s most stable economies.

·Currency hedge: Protect wealth from inflation or volatility in your home country.

·Asset diversification: Real estate provides tangible, income-producing value.

These loans allow investors from Canada, Mexico, Europe, Asia, and beyond to safely participate in the American property market — often with local property management and rental income potential.

✈️ Final Thoughts

Whether you’re in Canada, Mexico, or across the ocean, the U.S. real estate market is open to you.

👉 Reach out today and I’ll help you structure your financing — no U.S. credit required.

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Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: • Fixed-rate mortgages: Offering stability with predictable monthly payments. • Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. • FHA loans: Making homeownership accessible with lower down payments. • VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: • Purchase loans: Financing the acquisition of new buildings or land. • Construction loans: Facilitating the development of your project. • Refinance loans: Restructuring your existing mortgage for better terms. • SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: • Expertise: Our brokers have a deep understanding of both residential and commercial lending. • Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. • Streamlined Process: We handle the paperwork, keeping you informed every step of the way. • Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

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