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I get asked: Do you have loans available for Canadian Buyers in Las Vegas?

Since I have been attracting alot of Canadians to my Las Vegas Real Estate links, the number 1 question I get in my first discussion is "Do you have loans available for Canadian Buyers in Las Vegas?"

The Answer is Yes! We can do loans here, for Canadian Buyers. Here are the Options:

1. If you are a Canadian Citizen you can declare your Las Vegas Property you buy as a second home. The down payment would be 35%.

2. If a Canadian Citizen has business dealings in Las Vegas, they may be able to establish permanent residency or there are other future citizen options in play here. The loan for "Second Home" is slightly higher in rate, perhaps mid to upper 5's because of a United States/Canadian Reciprocity Agreement with and the liability to the bank in case they have to retrieve it back.

3. The other possibility is 40% down and do hard money for a year then establish and refinance. (But option 1 looks like a better option because it's 30 years)

Each Buyers situation is different and I'm not that well versed about home financing, but I have experts who are. I just want to let you all know that we do have financing here in Las Vegas for Canadians. If you would like to know more, respond to this blog, or shoot me an e-mail, or give me a call or send me a text and I'll put you in touch with the right person to answer your questions.

Posted Wednesday Feb 23