Financing
One of the hardest things for an expat in Italy to accomplish is obtaining financing for the purchase of a home or investment property. We can introduce you to loan company formed both in the United States and in Italy that works with large Italian banks to get financing for well qualified foreigners in Italy.
By submitting the form below we will be able to present you to the loan company and they will contact you about starting the process. Because of the reach of my videos on YouTube, I will not list the companies contact information publicly. I will take your basic (Non Financial) information and possibly speak to you directly to make sure I present you in the best light possible. Then I will send your basic information to the loan company and they will contact you to begin the process.
These are conventional home loans with amazing interest rates as low as 3.5%-5%! Here are some of the parameters of the loans:.
- Purchase Price of the property must be a minimum of €250.000
- Loans can be written on either Adjustable Rate or Fixed Rate basis.
- Loans can be written for 10, 15 and 20 year periods.
- Down Payments are from 40-50% down. (There are no 0-30% down loans done)
- You must present 3 years Federal Tax Returns, 6 months Pay Checks if applicable, Sources of Steady Income, Liquid Assets held in Financial Institutions. In short, just like if you were applying for a loan in your home country. This is done after the loan company starts your process.
- This is a mortgage brokerage company incorporated in both Italy and the United States. It is a fee based service. The fee will be charged upon completion of the loan process.
If you are ready to begin the process to secure funding for your home in Italy, fill out the form below completely and submit it. I will get back to you very shortly with the next steps. This is your chance to buy a much nicer property in Italy than you may have thought possible!
