Mortgages are complicated, Expat Mortgages are even more so. Expats can face challenges in securing mortgages because of the varied regulations and restrictions that vary from country to country. Mortgages can be difficult to find but it doesn’t have to be! In this article, we will discuss Expat Mortgages – what they are, how they work, and how you can get one for your next home purchase or refinance.
What should I know about this?
These Mortgages are mortgages that are available to Expats with non-local income. Expats living abroad can have an option for a mortgage but they will need proof of annual income from outside the country, which is often difficult or impossible to provide depending on where you live or work. Expats currently working in another nation may be able to use their wages as proof of qualifying income when applying for these mortgages.
We hope this information has been useful to you.