Canadian Investors Need Mortgages For Arizona Properties

by: Brian.Brady on April 25, 2008 21:57:19 Leave a comment »

Canadian investors are buying Phoenix, Arizona homes faster than the mercury rises in direct Arizona sunlight. We have helped over a dozen Canadians secure mortage financing for Arizona properties.

Arizona real estate broker, Greg Swann, reports that his listed properties are being viewed by Canadian investors because of his strong internet presence. He listed a golf property near my old Arizona home and I cant help noting the opportunity it might be for my Canadian clients. Heres what Greg Swann says about this property on 12214WestMadisonSt.com:

Too much of Arizona gets lost in the crush of events. Work, school, errands, rush, rush, rush. Where are the mountains? Where is the desert? Where are those boundless horizons, those awe-inspiring desert sunsets? Good grief, wheres the pool? We came here to find paradise, but it got lost in the shuffle¦

Until now.

Here, at last, is paradise found, an oasis of spacious luxury, a vast redoubt against the chaos of modern life. From the lush landscaping to the pool to the immense Master Suite to the perfectly-appointed kitchen, this home is Arizona redeemed. Make it yours today¦

Take a look at the website for this property which shows:

>This property can be acquired, by Canadian investors, with about $90,000 cash (downpayment and closing costs) and $1,138 monthly payment (7.32% APR).

Financing for Canadian citizens just got easier! Documentation needed for an American mortgage approval:

1- Copy of Passport

2- Verification of the funds needed to close

3- No credit report needed

4- No income verification required

5- Automatic monthly payment drawn on American bank required (we will help you open an American bank account)

American mortgage financing differs from Canadian banks inasmuch as we offer 30 year fixed rate loans, amortized over 30 years, with no prepayment penalty. Canadian mortgages are typically set for a 3-7 year term, amortized over 25 years, with a hefty prepayment penalty. While our interest rates for Canadian residents are higher than you might receive in canada, the risk of rising mortgage rates is mitigated with the comfort and convenience of a fixed rate mortgage.

Call me at (858)-777-9751 for financing options. Secure your financing over the telephone, fly down to Phoenix, play a round of golf, and see this property from the greens of Coldwater Springs Golf Course. If you love it, Ill make it affordable for you!