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Ted Spradlin

Ted is the managing broker for FCTD with 20+ years mortgage industry experience. His focus is bridge loans and long-term rental financing.

What is an ITIN Mortgage?

1 min read

What is an ITIN Mortgage?

An ITIN mortgage is a mortgage loan available to foreign nationals who have an Individual Taxpayer Identification Number (ITIN). An ITIN is issued by the Internal Revenue Service (IRS) to individuals who aren't eligible for a Social Security Number...

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How Does a Foreign National With No Credit History Qualify for a Mortgage?

1 min read

How Does a Foreign National With No Credit History Qualify for a Mortgage?

Foreign nationals without credit history can qualify for a mortgage in the United States, though it's easier for those with established credit. This...

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What are the Closing Costs for Foreign National Mortgage Loans?

1 min read

What are the Closing Costs for Foreign National Mortgage Loans?

Closing costs for foreign national mortgage loans vary depending on the type of loan you qualify for and the lender providing the loan. This article...

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Prepayment Penalties for Foreign National Mortgage Loans

3 min read

What are the Prepayment Penalties for Foreign National Mortgage Loans?

Prepayment penalties for foreign national mortgage loans are early payoff fees that lenders charge borrowers who pay off the loan early, usually...

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What is a Foreign National Mortgage Loan?

1 min read

What is a foreign national mortgage loan?

A foreign national mortgage loan is a specialized loan product offered by some U.S. lenders to foreign non-residents who wish to purchase U.S. real...

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1 min read

What are the Down Payments for Foreign National Mortgage Loans?

This article discusses the down payments required across the spectrum of loans used by non-U.S. citizens to finance residential real estate in the...

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What are the Interest Rates on a Foreign National Mortgage?

1 min read

What are the Interest Rates on a Foreign National Mortgage?

Interest rates on a foreign national mortgage depend on a number of factors, including the lender, the type of loan, the borrower’s credit score (or...

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What are the Pros and Cons of Foreign National Loans?

2 min read

What are the Pros and Cons of Foreign National Loans?

In this article, I'll delve into the pros and cons of foreign national loans. These loans offer great benefits for non-U.S. citizens investing in...

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1 min read

What are the Differences Between Foreign National Loans and Traditional Mortgages?

Navigating mortgage loans is often complex, especially for non-U.S. citizens hoping to invest in U.S. property. This article outlines the ways a...

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What are the Required Documents for a Foreign National Mortgage?

2 min read

What are the Required Documents for a Foreign National Mortgage?

The required documents for a foreign national mortgage depend on the type of loan and the lender you're using to finance your United States...

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