Equity loan

[jimbo2012]

A friend of mine who is not a US citizen wishes to tap about 1/3 of her equity in a new home purchased all cash.

Banks here said if you're not a US citizen, can't be done.

What other avenues might she try, at 1/3 looks like a secure position for any lender.

[rayschic]

google private money lenders...there are plenty.

Here's one that may be able to help.

Eagle Prime Lending | Mortgage Producs and Services | Mortgage Home Purchase (http://eagleprimelending.com/16302/home-purchase.aspx)

[villagerjack]

Be careful of equity lenders.

[jimbo2012]

I know I don't want to send her to a bunch of sharks

[jnieman]

You might try quicken loans. If they can't do it maybe they can direct you to someone that will.

[Mallory Voice]

A friend of mine who is not a US citizen wishes to tap about 1/3 of her equity in a new home purchased all cash.

Banks here said if you're not a US citizen, can't be done.

What other avenues might she try, at 1/3 looks like a secure position for any lender.

Why not convert xx funds into USD and make the purchase??
Any overseas bank can do such a conversion.
MV
:thumbup: