Real estate is known to be a stable asset, one that creates wealth for its investors. However, foreign nationals face significant challenges when trying to settle in the US, as most are ineligible to apply for standard home loans through traditional lenders.
Foreign nationals that do not have a SSN or ITIN, have not lived or worked in the US, or do not have a strong, long standing credit history are unable to qualify for a mortgage with most lenders.
This means that foreign nationals usually pay a significant cash amount upfront if they wish to own property in the U.S, which can often be burdensome especially after investing in an EB-5 project.
Complicating things further, several countries have foreign exchange controls in place and restrict large remittances of money overseas.
International Investors Mortgage was established to help ease these pain points for EB-5 investors, allowing them to purchase real estate in the US, without incurring significant cash outlays after their EB-5 investment.