Canadian Buying US Real Estate
Hello there, I found your email on a discussion on Canadians buying real estate is the US. Can this be done with a mortgage from a Canadian financial institution? Is it possible to get approved for this?
Thanks,
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david ingram replies:
It is not very likely that any Canadian financial institution without a US branch would put a mortgage on a US property.
However, if you haveother Canadian properties, nothing stops you from borrowing money in canada on those properties and using that money to buy US or UK or spanish property.
Thanks,
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david ingram replies:
It is not very likely that any Canadian financial institution without a US branch would put a mortgage on a US property.
However, if you haveother Canadian properties, nothing stops you from borrowing money in canada on those properties and using that money to buy US or UK or spanish property.
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