Yes, if she’s a US citizen, she would be able to purchase a home here.  However, from your scenario, it would have to be an investment property…

which means you would have to have an Approve/Eligible through DU on a Conventional program.

J. Whitney Barth

VP Operations

Gateway Mortgage Group LLC

---

From: lvasquez@enterprisemortgagegroup.com
Posted At: Friday, March 12, 2010 9:33 AM
Posted To: Scenarios
Conversation: scenario/lvasquez@enterprisemortgagegroup.com
Subject: scenario/lvasquez@enterprisemortgagegroup.com

I have a US citizen working in the UK for the last 5 years who would like to buy a home here.  Can we do a loan for her?  She said she is not relocating at this time just wants to purchase a home now while the home prices are low.  She will eventually move here.

Thks!

Lettie Vasquez
Enterprise Mortgage Group
1850 Lee Rd Suite 140
Winter Park, Fl. 32789
cell: 407-719-5823
e-mail: lvasquez@enterprisemortgagegroup.com