International
Royal Capital offers direct financing solutions to foreign national borrowers seeking to invest in the South Florida real estate market. As a direct provider of funding we are able to offer the following terms and conditions for borrowers and clients alike:
| Lending Territories | Central & South FL, NJ, NY, CT, NH, RI and MA |
| Loan Amounts | $200K - $2.5M (Min $400K outside tri county S.Florida) |
| Occupancy Types | Primary, Second home & Investment |
| Property Types | SFR, Condo, TTF, Multifamily, Retail, Office, Mixed Use, Light Industrial, Warehouse, Luxury homes, |
| Loan to Value | Maximum 55% for foreign nationals (65% for all other visa types) |
| Rates | Ranging from 6.75% - 8.25% |
| Loan Terms | 1, 2, 3, 5 yr fixed (option for 10 yr Balloon) |
| Document Req | Ask your representative for loan submission forms |
As an alternative to the RCG loan program, we are also able to offer mortgage financing services for foriegn national investors through our exclusive capital relationships. This alternative solution includes terms of financing that are mostly complimentary to our direct lending program. Highlights of this loan product include
| Loan Programs | Lending Locations | Max LTV | Occupancy Allowed | Loan Amounts | Rate Range | Loan programs | Condo Req. | Amort |
| Program A | FL, NY, NJ, WA, CO, CT, CA, NV, OR, HI | 50% (60%in NYC) | O/O, 2nd Hm, Investor | Min $200K ($240K in NYC) | 289 bps over Libor | Quarterly Adjusting | No Restrictions | 30yrs or until borrower reaches 70 |
| Program B | South Florida (Tri County area) | 70% on SFR &65% on Condos | O/O, 2nd Hm, Investor | Min $75K Max $417K | Call for todays rates |
1,3,5, yr Arms |
40% must be closed and 70% must be sold | 30 yrs |
| Program C | AL, AZ, CO, Central and south FL, NM, TX | 75% on FR and 70% on Condo | O/O, 2nd Hm | Min $80K- Max $1M | Call for todays rates | Arm's or Fixed | FNMA and/or similiar type buildings | 30yrs |
| Program D | South Florida (Tricounty Area) | 60% for 2nd Hm and 50% for NOO | O/O, 2nd Hm, Investor | Min $75K - Max $3M | Call for todays rates | 3/1, 5/1 ARM - 15 yrs Terms | Case by Case | 25yrs |
Royal Capital Group also offers its foreign investors access to preferred exchange (FX) rates. Currency exchange may not be the first thing on your list. It can be equally as important as the purchase price though, as the exchange rate has a direct and noticeable impact on your bank balance if you are buying a home, a vehicle or paying for any kind of service in a foreign currency, Royal Capital Group is available to help. We facilitate this through our affiliate relationship with 'The Money Corp' who work major UK Banks and offer competitive exchange rates, free transfers and no minimum trade size.
Simply click the link and easy to follow steps are ahead: http://www.moneycorp.com/affiliates/microsite/index.cfm?agentid=10170559.