Foreign National Financing Checklist
And Sample Letters
All letters must be properly written in English or translated. The documents must be addressed to whom it may concern.
_____Self-Employed, Accountant’s income letter and copy of CPA License stating how long the applicant has owned the business and its current annual income, including the past two years’ of income. (Periods Jan 1 – Dec 31, 2009; Jan 1 – Dec 31, 2010 and Jan 1 – Present date)
Note: The letter must either be on the CPA’s letterhead and be accompanied by a copy of the CPA’s business license.
_____Self-Employed, Two (2) business reference Letters from their Country of Origin
_____Salaried, Employer Income Letter certifying the time the borrower has been employed, the name of the position, the monthly and annual income during the period Jan 1 – Dec 31 2009, Jan 1 – Dec 31 2010 and the earnings since Jan 1 up to the current date.
_____Three (3) credit card (Visa, Master Card, American Express, etc.) reference letters from country of origin or USA
Note: Provide also last 2 statements. These must indicate the account number, credit limit, actual balance and average balance (in the country of origin’s currency and US Dollars), opening date and history. Each letter must be written with the institution letterhead on the top. If the borrower has one or more mortgages, a letter is required from the applicant’s bank describing the mortgages and previous payment history.
_____Two (2) bank reference letters from country of origin or United States.
Note: They must indicate the account number, the current and the average balance in US Dollars (or the country’s currency and exchange it to dollars stating the currency exchange rate), opening date and history. Each letter must be written with the institution letterhead on the top.
_____Three (3) most recent bank statements for each account owned (last 3 months).
Note: You must provide three (3) last bank statements for each bank reference with all pages included
_____Three (3) most recent statements of liquid assets like money market, stocks, bonds, life insurance face value, etc. (Last 3 months or last quarter). Note: Each statement must include all pages.
_____Our loan application and corresponding signatures (Documents that authorize us to process the loan)
_____Copy of purchase contract and corresponding addendums.
_____Escrow letter indicating dates and monies deposited.
_____Copy of cancelled check used to pay initial down payment on unit.
_____Business website or background on borrower/company (if self employed).
_____Copy of current signed passport
_____Copy of current USA Visa
_____Proof of residence in country of origin (utility bill like water, cable, telephone, electricity, etc)
_____All documents written in English (if possible) or translated into English, with their corresponding stamp and signature of the certified translator. (We can provide this service for an additional cost)
Main Office: (786) 220-1100 Direct Line: (786)220-1104 Fax: (954) 212-0422
Email: info@lendingbankers.com
888 Biscayne Blvd Suite # 5704 , Miami FL 33132
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