Take a look at the range of mortgages we can offer to help with your plans.
A rate that won’t change for a set time
Choosing a fixed rate mortgage means you won’t be affected if interest rates go up or down for a set number of years.
Your home may be repossessed if you do not keep up repayments on your mortgage.
A flexible mortgage that follows the market
A tracker mortgage doesn’t tie you down to a fixed rate, so your payments could go up or down.
Put your savings to work with an offset mortgage
Reduce your monthly payments or pay off your mortgage sooner by offsetting other accounts with us against your mortgage balance – find out how.
Save money when you remortgage with us
You could save thousands of pounds when you switch to us from your current lender because we won't charge you application, valuation or standard legal fees.
Buy an energy efficient home and get a lower rate
We’ll reward you with a lower mortgage rate on certain deals when you buy an energy efficient home – it’s just one of the ways we support greener choices.
How do they work?
Pay the mortgage interest each month without reducing the balance. You’ll need to have a realistic plan to repay the balance by the time the mortgage ends.
Buy your home without a borrower deposit
Buy a home without a borrower deposit if your family or loved ones can provide 10% of the property’s price as security.
Buying property with other people
Buying with your partner, family or friends can make sense, so long as you weigh up the benefits and risks of taking out a joint mortgage with others.
Get a helping hand when buying a home
Struggling to save a deposit? Help to Buy could suit you – while our Help to Buy ISA offers a bonus if you’re saving for a deposit on your first home.
Buy a share of a home and pay rent on the rest
Buying a home through shared ownership means you can apply for a smaller mortgage amount – so your deposit could be lower, too.
Confused about mortgages? We’ll show you how to get a mortgage from start to finish, including what you need to tell us and the steps you’ll need to take.
Our Mortgage Consultants will provide expertise to guide you through the home financing process from start to finish. You can expect the following:
Our best rates3 on Premier Deluxe Mortgages1 and preferred rates3 on Advance Deluxe Mortgages2
Up to $3 million in financing for fixed and adjustable rate mortgages (ARM)4
Favorable rates on cash-out refinances occurring within six months of an all cash purchase5
Loans up to 75% of your appraised property value or purchase price, whichever is lower
Closing cost credits up to $1,500 on Premier Deluxe Mortgages
Whether you are purchasing a home in the U.S. to reside in or as an investment, why not select the bank that experienced in providing home financing solutions for international borrowers?
HOW TO APPLY
Pre-Approval and Application
When financing property in the U.S., a mortgage1,2 pre-approval can simplify the process. We will check your financial background to determine how much money you are qualified to borrow and the estimated interest rate you will pay.
Advantages of a pre-approval include:
A written 90-day commitment
Additional leverage when negotiating with a seller
The ability to focus on homes in your price range
The security of knowing you will receive a competitive rate
To start your pre-approval or mortgage application today, you can call 866.731.4722 from within the US or 716.841.6820 collect from overseas.
You do not need U.S. credit history to be eligible to apply for a mortgage loan. We will order your international credit report for your application. Additional information may be needed to complete credit verification.
Documents you may need
There are a number of documents that you must supply when applying for a mortgage in the United States, but keep in mind that the exact documents needed may vary in different parts of the U.S.
In general, you will need documents that verify the following:
You may want to consider having a real estate attorney review all contracts, and consult with a tax specialist regarding your potential tax liabilities.
U.S. Mortgage Document checklist
Your Coleace Mortgage Consultant will help you with all necessary documentation. Our U.S. Mortgage Document checklist can help you get started.
Download checklist Download checklist Download link
Closing on your U.S. home
A real estate closing is the final step in your home purchase. At the closing you will be signing legal documents and settling all of the costs needed to transfer ownership of the property. The following professionals are typically included in closing meetings:
The insurance official
Once you have closed on the property, you should have mortgage documentation, and most importantly, keys to your new home.
Closing costs can include: recording taxes, attorney's fees, the sales commission, title insurance, bank fees, and other fees. Use this tool to estimate your closing costs.
Your Zarm relationship will give you access to a wide range of banking and wealth management services designed to make your move or visit to the U.S. as easy as possible.