US Dollar mortgages can be obtained for buying property and real estate in Florida and are currently available from only 1.99% low start.
Florida Mortgages are available for all Nationalities for either Property Purchase, re-financing for Home Improvements & Equity Release for up to 80% of the purchase price.
Type of FloridaMortgage can be Repayment or Interest only.
Minimum advance £30,000 if the loan is in Sterling; $75,000 if the loan is in Canadian Dollars, Euros, Hong Kong Dollars or Swiss Francs; $60,000 if the loan is in US Dollars, No Maximum, but cannot exceed 80% of valuation or purchase price (whichever is the lower).
Term is for a maximum of 40 years in US Dollars, 25 to 30 years in all other currencies
Currency: US Dollars, Sterling, Canadian Dollars, Euros, Hong Kong Dollars or Swiss Francs
Current Interest Rates from approx 1.99% Low Start in US Dollars, from approx 6.49% Fixed for 1 year in Sterling* or 1.50% over cost of funds in all other currencies
Example Florida Mortgage in US Dollars: Repayment Mortgage of approx $100,000 over a period of 30 years at a Variable Interest Rate of approx 7.25% = approx $689.00 capital & interest per month = a total approximate amount payable over the term of approx $251,980 including capital, interest, arrangement & survey fees. .
Contact us for more information about US mortgages.
