New US mortgage funding now available

Posted On: 11 Jan 2022

Knox Capital Solutions (“KCS”) is delighted to announce that it has partnered with a long established U.S. mortgage broker to now offer access to investment and second home finance across the whole of the USA.

This partnership will enable KCS clients to secure funding for US investment property and second home purchases. No existing US credit is required and we can offer up to 75% LTV for a purchase and up to 70% LTV for an equity release.

To keep transactions simple and accessible, there is no requirement to open a US bank account or for your income to be from the US. Another accessibility driven benefit is that you can open and close transactions without ever leaving the UK.

Interest only loans are available. The minimum loan size is £250k and there is no maximum loan size. Loan approval is within 72 working hours, and loan closing time between 30-45 days.

Speaking about this new exciting offering for KCS clients, Managing Director, Ed Ogden commented;

“2021 was a strong year for sales in the US real estate market, and experts predict the same for 2022. With mortgage interest rates predicted to rise at some point, now is the time if you are thinking of purchasing a US property as an investment or for a second home. We are thrilled to have developed this partnership and further extend our finance options for KCS clients and greatly look forward to working with our US colleagues over the coming months.”

Lending is available in all 50 U.S. states, with numerous finance options on offer including; purchase, refinance, cash-out, asset-based bridge, portfolio, multi-family and commercial transactions.

Interested?

Get in touch with our team to learn more about our US funding options. We would be delighted to discuss your individual requirements with you. You can contact us at: [email protected] or alternatively, you can get in touch with us here.