FOREIGN NATIONAL PROGRAM
You were invited to our website to get Pre-Approved for our Foreign National Loan Program. Eclipse Funding Foreign National program is designed for:
Have a Social Security
- Number but has low scores
- Lives outside USA & 2nd a 2nd Home
- Has only a VISA or Green Card
- Investors Owner Occupied
And More…
If you fall into at least one of the above, then our program is great for you.
Eclipse Funding LLC Foreign National Loan Propgram is available in all
50 States for Investors and Florida only for owner occupied!
GUIDELINES
This program has specific guidelines.
View below:
- Loan Amounts: $50K to $20M
- Term: 1yr to 30yrs
- Minimum FICO: 600 & up
- Rate: 7% to 14%
- LTV Purchase: Up to 80%
- LTV Refinance: Up to 75%
- DSCR: As low as 0.50
- Financed Properties: No Cap!
- Funding: As soon as 10 days
Minimum Requirements:
- Must be able to show proof of income
- Application Fee $295 WAIVED
- Â A Tri-Merge Credit Report fee of $57
- A valid Driver’s License or State ID
- Must have a Checking Account
- A Social Security numberÂ
Foreign National – Checklist
- Â 1099(s) Year 1 and Year 2
- 3 Months of Recent Bank Statements (all pages)
- CD Contact Form (See Attached)
- Disclosures (It will be emailed to you)
- Green Card
- Guarantor Form (See Attached)
- Income Documents
- Rent Roll (See Attached)
- Personal Financial Statement (See Attached)
- Proof of Earnest Money Deposit
- Social Security card
- Track Record & REO Form (See Attached)
Here are the steps moving forward
- Subject Property Address in Subject Line when sending back the documents.
- Budget of project, purchase price, or Loan Amount.
- After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
- Down Payment -Bank Statement or Statement for down payment if applicable.
- Check your credit scores here: / send or upload a copy of the report and all scores.
- Please send me a copy of your credit report with scores and the attached documents.
- Please see the attached loan application, credit authorization and all documents needed to move forward.
Send all documents on checklist to: info@myfundingmentor.com
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