Interest rates, closing costs, and terms (type of mortgage whether fixed, variable, interest only) vary with:
 
Market Conditions
Size and Amount of the Down Payment (Deposit).
Level of Income and Asset Documentation, and Paperwork Provided.
Property Classification as Primary Residence, Vacation Home, or Investment Property.
Type of Property whether Single Family Residence, Multi-Unit (2-4 units), Condominium, or Co-op.
City, Zip Code, County, or State of Property Location. 

All other considerations being equal, fully documented mortgages are usually available at better rates. The lender may request some or all of the following paperwork with a "FULL DOC" mortgage:

• Proof of income for calender years 2007, 2008 and year to date 2009.  If a salaried wage earner, we may accept payslips, P-60's (UK), T-4's (Canada), or employer's letter stating 2 years income.
• Self-employed business owners may provide an accountant's letter summarizing earnings. 
• Self-employed business owners may also be asked to provide 2 years most recent tax returns. 
• Proof of funds to close including down payment, closing costs, and 6-12 months mortgage payments "in reserve".  Please provide 3 months most recent bank statements.
• One or more letters of reference or 3 months most recent credit card statements or international credit report.
• Copies of passports (and visas, if required).
• Open and establish a US bank acccount. 

   Rates change daily, and during periods of volatility,  rates may change more than once a day.

Please email ForeignNational@aol.com for a free rate quote.