Buying in the United States
Mortgage information
You can borrow up to 75% of the mortgage valuation or purchase price (whichever is lower) of a US property or remortgage an existing one.
The minimum loan SPF will consider is $250,000; there is no maximum. Repayment and interest-only mortgages are available to individuals under the age of 75, with loans denominated in Sterling or US dollars.
The maximum mortgage term is 25 years.
Mortgages can be arranged on a full-status or self-certification basis. With self-certification mortgages, a deposit of at least 30% of the property price is required; applicants must also be homeowners and resident in the UK.
In most instances, buyers can borrow up to 3.5 times income although a strong credit history is essential. US lenders may take into account potential rental income from the property providing it has been on the rental market with proof of leases. They also require proof of income, which can comprise earned income, pension, investment or rental income. However, not all lenders will take all of these into account when calculating how much you can borrow.
Enquire now Mortgage Calculator
How do I find what I am looking for ?
Sublime Location website pages have been specifically designed to be fast loading and content engaging, we have spent hundreds of hours developing and integrating behind the scenes software capable of delivering cutting edge search and find functionality. Our 'Quick Search' and 'Advanced Property Search' functionality will take you were you want to go at the click of a button.
I have found a property that I am interested in, how do I contact the agent ?
Simply follow the page options, clicking the 'Contact Agent' link located alongside the property details will direct you to an enquiry section where you are free to contact the selling Estate Agent who will be able to help you with your enquiry.
What countries does Sublime Location cover?
Sublime Location has been designed and built to bridge the gap between overseas property buyers and overseas estate agents, at present we showcase properties in more regions and areas than any other property website in the world.
Covering:
South Africa
Australia
New Zealand
Portugal
France
Cyprus
Spain
Bulgaria
Greece
Dubai
Italy
Canada
What types of properties are available?
Sublime Location focuses primarily on promoting International Properties. Using the latest technology available, our Real Estate software allows International Estate Agents to post and promote some of the worlds best loactions, properties and developments the second they become available.
