{"id":2612,"date":"2021-02-09T09:36:29","date_gmt":"2021-02-09T09:36:29","guid":{"rendered":"https:\/\/www.americamortgages.com\/?p=2612"},"modified":"2023-07-14T06:35:46","modified_gmt":"2023-07-14T06:35:46","slug":"hong-kong-family-buys-a-home-in-dallas-to-earn-usd-yield","status":"publish","type":"post","link":"https:\/\/www.americamortgages.com\/hong-kong-family-buys-a-home-in-dallas-to-earn-usd-yield\/","title":{"rendered":"Hong Kong family buys a home in Dallas to earn USD yield."},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">The Client<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Our client saw our ads in the local papers and reached out to enquire about a mortgage. We were told that the current political climate in Hong Kong has made many locals look into overseas options.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How We Helped<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">While we don\u2019t normally advise where to purchase, we noticed that many of our overseas investors looking strictly at rental yield tend to choose Texas.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Texas is a very popular market for overseas real estate investors and local U.S. real estate investors, so our client wanted to get pre-approved before making any offers on the property. We were able to pre-approve the client and issue a letter. Once he identified a property, he supplied the pre-approval letter giving both himself and the seller the confidence he had his mortgage financing worked out in advance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Getting pre-approved and underwritten for a loan is a great way to start the process for anyone thinking of investing in U.S. real estate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Loan Details<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Nationality<\/td><td>Property Value<\/td><td>Loan Amount<\/td><td>LTV<\/td><td>Rate<\/td><\/tr><tr><td>Hong Kong Citizen<\/td><td>$375,000<\/td><td>$262,500<\/td><td>70%<\/td><td>4.875%<\/td><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Term<\/td><td>Address<\/td><td>Property Type<\/td><td>Purpose<\/td><td>Loan Type<\/td><\/tr><tr><td>30 year fixed (regardless of the borrower\u2019s age)<\/td><td>Dallas, Texas<\/td><td>Single-Family Home<\/td><td>Purchase<\/td><td>Residential<\/td><\/tr><tr><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Our client saw our ads in the local papers and reached out to enquire about a mortgage. <\/p>\n","protected":false},"author":8,"featured_media":2607,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/template-single-post.php","format":"standard","meta":{"_acf_changed":false,"qubely_global_settings":"","qubely_interactions":"","inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[27,14,23,24],"tags":[453,454,456,452,455,354,457],"am_country":[],"am_audience":[],"am_format":[],"class_list":["post-2612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies","category-foreign-nationals","category-purchase","category-residential","tag-earn-usd-yield","tag-get-pre-approved","tag-getting-pre-approved","tag-hong-kong-family-buys-a-home-in-dallas","tag-investing-in-u-s-real-estate","tag-rental-yield","tag-underwritten-for-a-loan"],"acf":[],"qubely_featured_image_url":{"full":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-scaled.jpg",2560,1709,false],"landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-scaled.jpg",1123,750,false],"portraits":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-scaled.jpg",479,320,false],"thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-150x150.jpg",150,150,true],"medium":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-768x513.jpg",580,387,true],"large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-1024x684.jpg",580,387,true],"1536x1536":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-1536x1025.jpg",1536,1025,true],"2048x2048":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-2048x1367.jpg",2048,1367,true],"qubely_landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-scaled.jpg",1123,750,false],"qubely_portrait":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-scaled.jpg",479,320,false],"qubely_thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-scaled.jpg",140,93,false],"post-thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-1200x801.jpg",1200,801,true],"twentytwenty-fullscreen":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/c16-1980x1322.jpg",1980,1322,true]},"qubely_author":{"display_name":"Dipti K.","author_link":"https:\/\/www.americamortgages.com\/author\/dipti-k\/"},"qubely_comment":0,"qubely_category":"<a href=\"https:\/\/www.americamortgages.com\/case-studies\/\" rel=\"category tag\">Case Studies<\/a> <a href=\"https:\/\/www.americamortgages.com\/foreign-nationals\/\" rel=\"category tag\">Foreign Nationals<\/a> <a href=\"https:\/\/www.americamortgages.com\/purchase\/\" rel=\"category tag\">Purchase<\/a> <a href=\"https:\/\/www.americamortgages.com\/residential\/\" rel=\"category tag\">Residential<\/a>","qubely_excerpt":"Our client saw our ads in the local papers and reached out to enquire about a mortgage.","_links":{"self":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/comments?post=2612"}],"version-history":[{"count":11,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2612\/revisions"}],"predecessor-version":[{"id":9689,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2612\/revisions\/9689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media\/2607"}],"wp:attachment":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media?parent=2612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/categories?post=2612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/tags?post=2612"},{"taxonomy":"am_country","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_country?post=2612"},{"taxonomy":"am_audience","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_audience?post=2612"},{"taxonomy":"am_format","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_format?post=2612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}