The New Breed of Lenders Bridging the Gap for Non-Resident Mortgage Lending

By Prwire, September 20 2020

Due to record-low interest rates, demand for housing in the UK, US, Australia & Europe is at record levels, with many tempted to borrow more than they may have in different market conditions. With those securing a mortgage currently able to do so at such favorable rates, many are borrowing that little bit extra to either buy bigger or in a better area.

Global buyers have borrowed $4.4bn to fund their luxury property purchases so far this year, according to new research from Global Mortgagor Group.

The latest research from Borderless Mortgagor Group has revealed the most prominent nationalities borrowing at the top end of the market in 2020, and found that the market has seen the highest level of activity from American, Australian, Indian, & Japanese buyers.

Borderless Mortgagor Group is a non-resident mortgage brokerage for Foreigners & High Net Worth Individuals with offices in Melbourne, Kuala Lumpur, Florida and Singapore, specializing in high value and complex International mortgages.

Director of Borderless Mortgagor Group, Aaron Morgan, said foreign buyers from all parts of Asia are still finding it difficult to obtain a mortgage from overseas lenders. The international mortgage market is extremely complex and time consuming. There are many issues to take into consideration such as currencies, income, security and the legal framework in different countries.

There is finally an International mortgage solutions for foreign nationals who wants to invest overseas. Borderless Mortgagor Group seeks to bridge this gap with end-to-end solution for non resident mortgage lending. With a global network of over 350 lenders offering 1000 different custom mortgage products in over 20 different countries. The process is streamlined, fast, and efficient—so clients can enter the property market quickly and find the property that best suits their needs.

For more information on overseas lending and international properties please visit https://borderlessmortgagorgroup.com