Pacific Gate San Diego High Rise Condo Foreign Income Loans
Featured in
Outstanding Client Experience
Specialized Lending Solutions
Direct-to-Consumer Advantage
We're Advisors, NOT Salespeople
Effortless Digital Mortgage Platform
Table of contents
A new Bosa Development luxury high rise Condo project in the Embarcadero district of downtown San Diego opened its doors this summer. The property is located at 888 W E St San Diego CA 92101. The Pacific Gate tower has attracted many buyers including foreign buyers, due to its beauty, location, and amenities. Most US lenders find it difficult to finance brand new high rise condos let alone high rise condos for foreign buyers. Pacific Gate has many exclusive condos with amazing views in the $3,000,000 – $4,000,000 range. Here at Griffin Funding, we can do loans up to $3,000,000 for foreign buyers as a primary residence, second home or investment property. We translate foreign documents to show the buyer’s income qualification to ensure the loan funds and closes on time. If the foreign buyer is unable to prove income in the traditional method we can use bank statements to qualify for the loan and we will allow for up to a 50% debt-to-income ratio. Traditional banks have a much smaller underwriting box and most will not allow foreign income, bank statements and debt to income of up to 50% to qualify. These expanded criteria high rise jumbo loans are available for US Citizens and Foreign Nationals (Non-Permanent Resident Aliens).
Find the best loan for you. Reach out today!
Get StartedRecent Posts
HELOC Draw vs Repayment Period
A home equity line of credit is a revolving credit line secured by your home that allows you to borrow money a...
What Is a Non-Traditional Mortgage and When Should I Use One?
What Is a Non-Traditional Mortgage? A non-traditional mortgage, also known as a non-QM loan, is a home loan th...
Griffin Funding vs United Wholesale Mortgage (UWM): Mortgage Lender Comparison
Company Overview: Griffin Funding vs United Wholesale Mortgage (UWM) Let’s look at each company in turn: who...

