First
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Full service mortgage brokerage: Using our network of lenders we evaluate
each individual application and custom tailor a solution to meet our
clients’ needs.
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ONE application only
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We enable our foreign clients to obtain a mortgage without having to make
a special trip to
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We are able to obtain up to 75% without mortgage insurance and up to 95%
financing for our clients with mortgage insurance.
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Lowest rates and best terms available: Our relationships with the lenders
in our network, coupled with our in-depth knowledge of the market,
results in our obtaining the.
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Foreign exchange transfer (money wires): preferred pricing typically
saving our clients thousands of dollars on down payments and even
monthly payments.
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The lender’s origination fees are either heavily reduced or wiped out
completely when using First Israel.
Financing Categories:
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Residential Purchase
– For a purchase of a residential property. Typically, of up to 75%
LTV without mortgage insurance and up to 95% with mortgage
insurance.
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Residential Construction
– There are 2 general types of construction loans. From a
contractor/developer, where the borrower receives a bank guarantee.
Self construction, where the borrower builds the house himself. Typically, it’s possible to get up to
75% LTV. There is no mortgage insurance option (financing above 75%)
for construction.
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Residential Refinance
– A rate and term (refinancing the existing loan to lower the rate)
and a cash-out, a loan drawing equity from the house. Typical LTV’s
of up to 65%.
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Commercial Purchase
– Small commercial loans (up to $5 million), typical LTV of up to
65%. It’s possible to get 70% financing on certain deals.
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Commercial Refinance
– Rate and term, and cash-out, also up to 65%.
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Reverse Mortgage
– For seniors starting at an age of 60.
For more info please call:
Stephen Mauskopf
First
P: 02.567.1349
M: 054.639.9362