The US Dollar Mortgage is avaiable for residential investment property only and should not be used if you or your familiy reside in the property: " Intrepid homeowners are saving themselves thousands by switching their home loans to US Dollar currency rate mortgages, but not without some risk" says Steve Morgan from New Mortgage Finder.
For example, the Fed base rate in US at the moment can be seen below, the rate in the UK it is 0.25% per cent (lowest for 60yrs).
Current rate is base + 2.56%
Loans upto 70% of the value of your property
Buy to Let applications acceptable.
All about the International Mortgage Service
Available Currency Mortgages:AUD - Australian Doller libor CAD - Canadian Doller libor CHF - Swiss Franc Libor Mortgage information Euro - European Libor Mortgage information GBP - Great British Pound Libor HKD - Hong Kong Doller Libor NZD - New Zealand Doller Libor USD - United States Doller Libor YEN - Japanese Yen Libor Mortgage information
Date: April 2008 Buy to Let Swiss Franc MortgageSwiss Franc Mortgage further information and options Buy to Let Euro MortgagesEuro Mortgage further information and option "On current performance, mortgages linked to the Euro would appear to offer exceptional value to UK borrowers. We are delighted to bring this to the market with New Mortgage Finder, who specialise in this type of customer." The product carries a 1% application fee and our broker fees from just 1% inaddition valuation and legal fees are met by the borrower, New Mortgage Finder will take reduced commission on the sale instead a full fee and therefore shall charge for the introduction to the provider, you should also note the minimum loan amount is £75,000. Repayment or interest only is available. Assessment is carried out on the current applicants total incoem including rent. This product had limited funds allocated to it and has since been fully subscribed. We are expecting further deals in the future, please return to this page as it is updated regularly. |
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