Nextlevelfi is a leading provider of non-resident mortgages for properties in the US and Australia.
Nextlevelfi, a premier provider of mortgage loans for non-U.S. residents, is excited to announce its elite mortgage loan program designed specifically for non-resident real estate investors in the U.S. This innovative program seeks to open new investment opportunities for international investors looking to tap into the booming U.S. real estate market.
Led by founder and CEO Darsh Kumar, the company’s main product offering paves the way for High Net Worth clients diversifying into residential, commercial and asset finance. However, what sets it apart is its comprehensive range of loan options designed to meet the specific needs of non-resident investors, including financing for single-family homes, condominiums, and multi-unit residential properties in the US.
If you’re considering purchasing a vacation or investment property abroad, you’re not alone. Many wealthy individuals share this dream. According to a Nextlevelfi survey of over 3,000 high-net-worth investors in Saudi Arabia and India, 92% actively explored overseas real estate opportunities in 2023, and 67% of them already own residential properties in the U.S.
Many high-net-worth individuals choose to pay cash for an overseas purchase.
Buyers who want to move fast on a property or who are looking in a competitive market are likely to use cash for their purchase,” Darsh says. “The disadvantage of using cash is that it reduces your flexibility. If you spent millions on an overseas property, you may not have the liquidity in hand to take advantage of a business opportunity or a market opportunity.
One thing buyers need to keep in mind is currency rate fluctuations,” Darsh says. “Even if you’re paying cash, you’re committing to a one-time currency exchange implication when you buy the house and another when you sell. Depending on how you structure the purchase, there could be an ongoing exchange rate implication.
As the U.S. real estate market continues to show steady growth and stability, it is becoming increasingly appealing to non-resident investors seeking substantial returns. However, securing a mortgage loan as a non-resident can be complex. In response, NextLevelFi has developed a specialized solution to cater to the unique requirements of non-resident U.S. real estate investors, facilitating their success in this competitive market.
Key features include:
- Financing options for both residential and commercial properties
- A minimum loan amount of $250,000
- Loan-to-value ratios of up to 80% for purchases and up to 70% for cash-out refinancing
- Underwriting based on property cash flow
- Loan Closing in 30-45 days
- No requirement for U.S. credit history or personal income
As a trusted name in the U.S. mortgage industry, NextLevelFi has a proven track record of delivering tailored solutions to investors worldwide. By expanding our services and solidifying our leadership in U.S. mortgage loans for non-resident real estate investors, we reaffirm our commitment to meeting the evolving needs of our diverse clientele.
For more information about NextLevelFi’s premier mortgage loans for non-resident U.S. real estate investors, please visit https://nextlevelfi.co or contact John Morgan at j.morgan@nextlevelfi.co.