Buying U.S. Real Estate Property for Your College Student: The NextLevelFi Mortgage Advantage
Congratulations! Your child has just been accepted to a university in the U.S. As you prepare for this exciting new chapter, have you considered the financial benefits of investing in real estate near their campus? With the NextLevelFi mortgage program, you can make a smart investment that supports your child’s education and offers long-term financial gains.
Why Invest in Real Estate Near Your Child’s University?
Owning a property near your child’s university presents several advantages:
- Potential Capital Gains: University towns typically have high demand for housing, which can drive property values up over time.
- Rental Income: By renting out rooms to other students, you can generate rental income that covers the mortgage and other expenses.
- Building Equity: Instead of paying rent each month, your mortgage payments build equity in a tangible asset. Over time, this can contribute significantly to your net worth.
- Tax Benefits: In some cases, mortgage interest and property taxes may be tax-deductible, offering additional financial advantages. Stability and Comfort: Provide your child with a secure and comfortable living environment throughout their college years.
Introducing NextLevelFi: A Unique Mortgage Solution
NextLevelFi is the world’s only mortgage program that enables international students to invest in real estate with just an F-1 and J-1 student visa. Here’s how it works:
- Qualification through Rental Comparable: Instead of relying on traditional credit history, we use rental comparable to determine eligibility. If the expected rental income from the property exceeds the mortgage expenses, you qualify for the loan.
- Simplified Process: We streamline the application process, making it easy for international buyers to secure a U.S. home loan.
Loan Highlights:
Financing options for residential properties in all 50 states
- 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
Debunking Common Myths About International Real Estate Investment
At NextLevelFi, we understand the concerns and misconceptions surrounding international real estate investment. Let’s debunk a few common myths:
Myth: International students can’t get a mortgage in the U.S.
- Fact: With NextLevelFi, international students with an F-1 and J-1 visa can easily qualify for a mortgage based on rental comparables. Myth: The mortgage application process is complicated and lengthy.
- Fact: We simplify the process, guiding you through each step to ensure a smooth and efficient experience. 30 to 45 day’s closing Myth: A U.S. credit history is essential for mortgage approval.
- Fact: Our unique qualification criteria focus on rental income potential, not your credit history. Fact: Our unique qualification criteria focus on rental income potential, not your credit history.
Ready to Invest?
Investing in real estate for your college student is a smart financial move. At NextLevelFi, we streamline the process for international buyers to obtain U.S. home loans, dispelling misconceptions and ensuring simplicity. Interested in investing? Reach out to us today at hello@nextlevelfi