Paying cash for a home will give you an edge because the seller knows they won’t have to worry about you getting approved for a mortgage. This will also give you more buying power, especially if that home ends up in a bidding war. A cash buyer is always favored over other buyers who...
Citi Private Bank has helped Asian clients buy real estate in their own name or through a foreign corporation or through a trust, said Ida Liu, who oversees the Asian Clients Group in North America. “Our team in Asia can underwrite the mortgage for a house in the U.S.,” she said. ...
In many cases, if you make an overpayment, your monthly payments will stay the same and your loan term will reduce, which means you’ll pay the loan off quicker. However, some lenders give you the option of keeping your loan term the same and using the overpayment to reduce your monthly...