The Client

Our client was referred to us by a friend of Global Mortgage Group. He’s been living in London for five years and has slowly accumulated a rental portfolio in the U.S. His thesis is that college towns offer the best rental yield opportunities. Our client did his MBA at the University of Chicago, so he was very familiar with the landscape.

How We Helped

Finding mortgage options as a U.S. citizen living overseas can be challenging, especially if you have been away from home for an extended period. The good thing about our client is that he still maintained an almost-perfect credit score of 810 and was a very high (and stable) earner - exactly what a bank wants to lend to!

Loan Details

NationalityProperty ValueLoan AmountLTVRate
U.S. Citizen $750,000 $600,000 80% 3.35%
Term StateProperty TypePurposeLoan Type
30 year fixedChicago, IllinoisCondoRefinanceResidential
NationalityU.S. Citizen
Property Value $750,000
Loan Amount$600,000
Term30 year fixed
StateChicago, Illinois
Property TypeCondo
Loan TypeResidential

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