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Case 1: Owner-occupied Purchase with EB-5 Cash Loan

An International Student Gets a New House | An EB-5 Backed Cash Loan

Client’s Country of Origin: India
Current Visa Status: Approved EB-5 I-526 Petition
Loan Purpose: Purchase of Townhouse for Self Use
Location: Austin, Texas
Amount Sanctioned: $250,000
Interest Rate: 7.5% Interest Rate (5-Year Term)
Collateral to Lender: Pledge of EB-5 Capital Upon Return + Personal Guarantee

The Client’s Story:​​

As an F-1 international student, our client is living in the US but had insufficient credit history to be approved for a standard, qualified US mortgage. He had already filed an EB-5 application and has his I-526 approval.

As he approached graduation, he knew he wanted to move to Austin, Texas, and found a property worth $328,000 to live in, but found out quickly that to qualify for an owner- occupied mortgage, you need a minimum of 12 months of strong credit history.

International Investors Mortgage was able to facilitate an EB-5 investment backed loan to the client for 50% of his $500,000 EB5 investment value. The documentation was completed quickly and he had a check to help cover his home purchase in just 14 days. He purchased the house and moved in immediately, as he awaits his adjustment of status.

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A US mortgage backed by an existing EB-5 investment is a very customized loan.  We can give you more detail on how it would work for you, just fill in the form below and we will contact you.

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Welcome to International Investors Mortgage LLC.

Information provided is for guidance purposes only and not to be construed as a loan solicitation. We, International Investors Mortgage LLC (IIM), do not offer or negotiate terms of owner occupied residential mortgage loans. We collaborate closely with a niche group of licensed Real Estate and Mortgage Professionals. Clients are introduced to licensed corporations that operate under Privacy Protection Banking Acts. We collaborate solely with regulated financial entities that adhere to State and Federal regulations. Our strategic partners understand the importance of client privacy protection during the entire loan approval process.

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