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Investment Mortgage

Unlock U.S Real Estate options for your international investors

By Milo

August 11, 2021 3 min read

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Has a lack of U.S. citizenship made it difficult for your international clients to meet their investment goals?

At Milo, we know that international clients often struggle to gain access to financing for US home loans. Mortgage loans for international clients can be hard to come by.

As a financial advisor, you likely know this story all too well. You probably hear time and time again from your international clients how they are struggling to find a mortgage loan, despite being qualified. Regardless of their qualifications, international investors are continually excluded from financial lending systems. But what does this mean for you?

There is a tremendous opportunity for financial advisors to help this under-served market segment. There are an estimated 35 million global millionaires — yet 58% of foreigners cannot obtain financing for their real estate purchases each year.

Often, international clients have financial means that go above and beyond traditional borrowers in the U.S. And yet, foreign nationals are often forced to jump through hoops to get a mortgage loan. Even then they aren’t always approved.

These circumstances have forced international investors into all-cash deals. 70% of U.S. residential real estate is purchased in cash. Offshore clients are often required to go through hoops to receive a mortgage loan, and even then, approval is not guaranteed.

Once the deal has closed, your clients’ money is locked into this real estate investment or asset. The funds are tied up into the investment and not easily moved. This takes away funds that could be used for other, more profitable or beneficial, uses.

Milo is Reinventing Finance for International Investors

At Milo, we think your clients are not the problem, it’s traditional financial institutions. We believe that all investors should have access to quality products and services to make their dream of investing in real estate a reality.

Banks and other traditional lending institutions traditionally ask too many questions and make it too difficult for international investors, leaving many of your clients with few options for investing. At Milo, we value your time and your clients’ time. We respect their abilities as investors, and pride ourselves on always being here for you when you need us.

If you have clients not based in the U.S. but are interested in investing in U.S. real estate, Milo is your solution. We can help your financially sound international clients secure mortgage loans to invest in the United States.

How Milo is Different

At Milo, we give financially sound international clients the opportunity to invest in the United States. We currently offer mortgage and cash-out refinance programs for investment properties located in the U.S. A few other things about us:

  • We are competitive. We offer interest rates as low as traditional banks without all the extra hoops to jump through.
  • Early on, we realized we needed to improve the mortgage loan process for international clients, which we strive to close in an average of 5 weeks.
  • Our digital offerings mean that we can often close transactions without your client having to fly down to the U.S.
  • Our team understands that your clients may have had a negative experience in the past. It is our mission to earn their trust through our outstanding service and consistent rates. With access to their illiquid assets, we’re dedicated to helping your clients increase their net worth.

At Milo, we are reimagining finance for global consumers by offering mortgage loans for international clients. We act with these consumers’ unique situations and circumstances in mind, first and foremost. Give us a call or email our partnership team to find out how to work together to help you better serve your clients.

The opinions expressed in the Blog are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.

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