How to Select the Right Mortgage Professional -
A Guide for Foreign Nationals Investing in California Real Estate

If you are a foreign investor interested in buying California property, your first appointment should be with a California-based mortgage professional.

This mortgage professional will gather some information and documents from you in order to determine if you can be pre-approved for a foreign national mortgage loan.

You should contact a mortgage professional before speaking with a real estate agent, since the real estate agent will most likely want to see a pre-approval letter.

Selecting the right mortgage professional can mean the difference between success and failure. Here are some factors to consider when selecting a mortgage professional.

Professional Experience

Even though the process of getting a foreign national mortgage is relatively straight-forward, you still want to work with a seasoned professional. Someone with financial industry experience will be aware of the requirements that lead to a smooth closing process.  You do not want to run the risk of having your application for a mortgage denied because an inexperienced mortgage professional let a requirement slip through the cracks.

Lender Relationships

A mortgage professional that has relationships with a variety of lenders will be able to find the best lender for your foreign national mortgage.

Other Service Provider Relationships

Does the mortgage professional have relationships with property management and real estate professionals who specialize in the foreign investor market? Are they tapped into a network of other service providers who can make the process easier? The larger your mortgage professional's network, the better equipped they are to help you streamline the process of buying California real estate.

The right mortgage professional can make the difference between being approved or denied for a foreign national mortgage loan. 

If you have any questions about selecting a mortgage professional or applying for a foreign national mortgage, contact Julie Cline at http://www.umaxmortgagecalifornia.com or 866-599-8480.