ACM Financial is still lending to Non US resident, or foreign national borrowers. While 2010 is still not showing many signs of improvement so far with respect to the availability of funds, we are still closing loans.

We strongly recommend that you read through the below listed programs to verify that you meet the requirements as no exceptions are currently made to the guidelines. Please contact us via email or phone should you have questions or would like to get Pre-Qualified

Please note that we need to know what part of Florida the property is located in as certain programs may not be available in all regions.

Program 1 (eligible through-out Florida)

The following Visitor Visa types are allowable in this program, no visa waivers.

B-1/ B-2/ E-2 / H-2A/ H-2B/ H-3/ I/ J-1/ J-2/ O-1/ O-2/ P-1/ P-2/ P-3/ R-1

· Up to 60% Loan to Value (or purchase price, whichever is lower)

· Second Homes only (only one property can be purchased per borrower within the US)

· Salaried employees only – No Self Employed borrowers allowed (Under US law, this applies if you own more than 25% of the company, regardless of how you are compensated)

· No Prepayment Penalty required

· 5, 7, 10,15,30 year fixed rates available

· Minimum of 10% of the loan amount must be deposited in a US bank as Reserve funds

· No Gift funds allowed

· 2 years proof of Income by official country tax returns and a letter from the employer to include the following

o Annual income for the preceding 2 years

o Current monthly income

o Current employment status

o Name and title of the person providing the information on the employer’s behalf

o Job Title

o Term of employment

o Letters must be fully translated into English

o Currency conversion will be done by the loan underwriter

· A minimum of 2 years of continuous employment must be verified for each borrower

Program 2 - Multi Currency Mortgages (available through-out Florida and several additional States)

_{We can lend in 10 different currencies}

• _Sterling
• _{US Dollar}
• _{Canadian Dollar}
• _EURO
• _{Australian Dollar}
• _{Hong Kong Dollar}
• _{Swiss Franc}
• _{New Zealand Dollar}
• _{Signapore Dollar (For SGD earners only)}
• _{Japanese Yen US (For Yen earners only)}

<sub>If you have rental income in euros it makes sense to have your quarterly mortgage repayments in euro to avoid exchange rate changes.

• Free pre-approved advance credit line service - you can submit an application before choosing the property. We can provide a decision in principle with no obligation or charge that will be valid for 6 months. This way you know what you can afford from the very start of the journey.

• No early repayment penalties - a rarity amongst other international lenders and a real benefit for you

• Re-mortgaging/Equity release Available – If you want to re-mortgage your property they can do so and use the money for almost anything else.</sub>

Program 3 - Central Florida Financing

• _{Up to 70% financing on Single Family homes (detached villas)}
• _{2 year verification of income in the same line of work}
• _{Borrowers must be able to verify liquid assets.}
• _{Holiday or Investment properties}
• _{5 year balloon (loan is due in 5 years but payments will be amortized over 30)}
• _{3 Year Prepayment penalty of 3% of the loan amount}
• _{5 points origination fees}
• _{Fast closings (in as little as 10 days)}
• _{Interest rates from 9.99% (11.336% APR)}
• _{Commercials loans on a case by case basis}

Program 4 - South Florida Financing - Dade, Broward, Palm Beach and Monroe counties

· Single Family Homes (detached villas) and certain approved condos

· LTV up to 70%

· 1/1 , 3/1 or 5/1 ARM

· 30 or 15 years

· Min loan amount= $100,000

· Up to 40% DTI

· Pre Payment Penalty is (3/2/1) 3% first year, 2% second and 1% 3^rd. (a principal reduction of 20% per annum is allowable with no penalty)

Documentation:

· Self employed: accountant CPA letter verifying income figures for the last two years and year to date income figure

· Salaried: letter from employer stating borrower’s current monthly salary

· Verification of initial down payment, cash to close and reserves equivalent of 36 months PITI (principle, interest, tax, insurance payment) and Home Owner’s Association (if applicable) deposit in a US Banking institution.

· One letter of reference from a banking or financial institution showing at least 24 months history and relationship status

· Copy of passport and visa

Borrower must set up auto payment debt account with a US bank

All letters, documents and bank statements translated.