foreign national loans

foreign national mortgage loans

 

Foreign Nationals Mortgage Loans

Miami is an international and cosmopolitan city with much to offer.  Of all the cities in the United States, Miami offers beaches, an international flare and very appealing weather year-round.  It’s no wonder Miami boasts a high population of both international tourists and international residents.  Once the tourists visit and get a feel for the city, naturally the appeal is there to consider making Miami a second home.  And many do.  As a result, foreign nationals mortgage loans have been on the rise in past years.

While many foreigners who purchase here are affluent, they often wish to take advantage of the lower mortgage rates.   American banks have the ability to offer low interest rates.  When comparing these interest rates to those of the borrowers’ native countries, USA interest rates can’t be beaten.  Hence, these foreign nationals find American interest rates very appealing through foreign nationals mortgage loans.

Recently I was approached by colleagues of a branch for a large lending institution to offer this service to one of their clients.  This individual owns two seven-figure properties but was unable to refinance his properties as most banks do not offer “foreign national loans”.

While most banks do not offer this service, Strock & Tanner Mortgage/STC Loans does.  Reach Mario at 305-598-1600 or via email at mario@stcloans.com.

 

Father's Day in Miami

Father’s Day in Miami

excerpts from the Miami News

Father’s Day in Miami

Father’s Day is approaching, Miami. Have you thought about how you’ll treat that special man in your life, the one who helped calm a lifetime of temper tantrums? Instead of taking the easy route — buying him a gift card from Home Depot and a case a beer — why not spend some quality time with Dad? Tell him how much you appreciate the lifetime of love he’s given you, because raising a kid ain’t easy. Have a look at these five Father’s Day weekend activities in Miami.

3 Great Father’s Day Weekend Activities in Miami

1. Father’s Day Superdad Spectacular at CityPlace Doral. Head to Doral for an afternoon with the family from 1 to 4 p.m for a chance to meet some superheroes and princesses. 1 to 4 p.m. Sunday, June 17, at CityPlace Doral, 8300 NW 36th St., Doral; cityplacedoral.com. Admission is free.

2. Sip. Swim. Soccer at 1 Hotel South Beach Rooftop. Bring dad to the 1 Hotel South Beach Rooftop, dubbed by New Times’ as one of Miami’s best pool-party spots, and catch the Brazil and Switzerland World Cup soccer game.  This event is 21+. 11 a.m. to 6 p.m. Sunday, June 17 at 1 Hotel South Beach Rooftop, 2341 Collins Ave., Miami Beach; 305-604-1000; 1hotels.com/south-beach. Admission is free.

3. Cars & Cigars. This Sunday, treat your car-loving dad to an afternoon of admiring classic sets of wheels, hand-rolled cigars, and cold beer in the Miami heat. Celebrate Father’s Day at a family-friendly celebration featuring live music, crafts for the kids, and more in Coconut Grove. 11 a.m. to 3 p.m. Sunday, June 17, at the Barnacle Historic State Park, 3485 Main Hwy., Miami; 305-442-6866; floridastateparks.org. Admission is $2, free for children under six.

Father's Day in Miami

Get in Touch with Mario, Your Miami Realtor

I’m Mario Quintero, your mortgage & realtor for life. I hope you all have a happy and safe Father’s Day weekend in Miami.  Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!

 

kitchen remodel

kitchen remodel

 

Is a Kitchen Remodel in your Horizon?

What’s the main reason for a kitchen remodel?  Decluttering!  Tidiness is the biggest trend this year, according to the 2018 House Kitchen Trends Study.  The study found that 75% of homeowners named decluttering their counters as their number one priority.  This followed with 66% who want to put things away.  49% are focused on recycling.

What’s the greatest issue?  Storage.  Cited by 93% of survey respondents, storage is the greatest issue when it deals with decluttering one’s house.  Space planning encompassed the next 38% of respondents.  32% wanted an overall cleaner home as well as an equal amount wanting more entertainment space.

The survey also noted that homeowners have an interest in pullout garbage bins, organizers and utensils as well as wine bars.

 

Is a Kitchen Remodel a Worthwhile Investment?

Whether you’re interested in remodeling your kitchen or any part of your home, it’s a known fact a new kitchen offers the greatest value for a home vis a vis either refinancing or selling.  Studies have shown kitchen remodels will usually yield well over a 100% return when the time comes to sell.  And, it also adds value if your’e interested in refinancing.  Either way, a kitchen remodel is an excellent strategy for improving your greatest investment.

My wife, Claudia and I, recently remodeled our kitchen completely.  We bought our dream home two years ago and now saved the funds to renovate and have our dream kitchen.

Get in Touch with Mario, Your Miami Realtor

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!

 

 

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First Day of Hurricane Season

Hurricane preparedness tips can not only save your property, but your life, too. Preparing in advance is ideal.  What better time to reinforce and share hurricane preparedness tips than on the first day of hurricane season? Why be caught off guard?  Now is the best time to prepare – during the calm. Today marks the first day of hurricane season.  Are you prepared?

 

Make Early Preparations for Hurricanes

To better help Floridians prepare for hurricane season, the state is allowing for a tax free period between Friday, June 1 and Thursday, June 7, 2018.  During Florida’s hurricane sales tax holiday period, qualifying items related to disaster preparedness are exempt from sales tax.  Now is a good time to stock up on batteries, flashlights, radios, reusable ice packs, candles, coolers and ice chests.  Even generators up to $750 are included in the tax-free holiday.

Hurricane Irma impacted Florida in 2017.  Though given fair warning, many Floridians were unprepared.   Unfortunately,  though Floridians have been hit by hurricanes regularly throughout the years, citizens tend to take a lackadaisical attitude with regards to hurricane preparedness.

Resources

Moreover, the following two websites provide the latest details on final check list preparations. Both NOAA (National Oceanic and Atmospheric Administration) and the National Hurricane Center offer useful tips to guide you with hurricane preparations. You may access this website here.

The U.S. government also provides excellent resources on how you may prepare your home in the event of a hurricane. You may access this website on hurricane readiness and preparedness here.

While much of the information on these two sites are the same, have a look at the most important factors to keep handy below:

Tips:

  • Prepare before hurricane season starts. Pacific hurricane season starts May 15 and Atlantic hurricane season starts June 1.
  • Create an emergency communication plan with your family before a hurricane.
  • Have emergency supplies in place at home, at work, and in the car.
  • Check your insurance coverage, damages caused by flooding are not covered under normal homeowner’s insurance policies.
  • Know your local community’s evacuation plan and evacuation routes and how to receive alerts.
    Listen to local officials.

Hurricane season extends between June 1st and November 1st.

Get in Touch with Mario, Your Miami Realtor

I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.

Call me today at 305-598-1600 or contact me here. Let’s find your dream home!