Category Archives: Olympic Winter Games in Vancouver, BC

Attn: All FOREIGN NATIONALS wanting to own property and Live In The Pacific Northwest!

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Photo Credit: Skyler Jokian

Now that the Canadian dollar is improving again, I have many foreign real estate clients asking if they can finance purchases of US homes in the Pacific Northwest. Yes, they can!

Finance Programs Available for Foreign Purchasers

Here are some of the programs from one of my favorite Mortgage Brokers, Tom Mercadante, Sr. Loan Officer with Security First Mortgage, Inc., right here in Bellingham, WA . . .

Right now Tom has programs that require a 25% down payment for Second Homes at approximately 5.75% for a 30-year fixed rate loan, and programs that require 35% down payment for Non-owner occupied homes at approximately 6% for a 30-year fixed rate loan.

Of course, full documentation of income and assets is required.

Am I eligible?

Are you eligible for these kind of loans? Ask Tom. He will pull US and Canadian credit scores, and ask you to provide:

  1. 2 years of your T-1’s and T-4’s;
  2. 2 months of assets reports (including all pages of the documents) for all financial accounts;
  3. One month of paystubs;
  4. Your most recent RSP statements; and
  5. Two forms of ID (e.g., your Passport and Driver’s License).

Note: These loans have a 1% hard pre-payment fee for payoff sooner than 3 years of lending history.

If you are NOT a Canadian, Tom will need a $100,000 down payment and 50% loan to value, whichever is more. Seller secondary financing is permitted as long as the combined loan-to-value is less than 50%.

How to contact Tom:

Tom Mercadante can be contacted at:tom

Security First Mortgage
2900 Meridian Street
Bellingham, WA 98225
(360) 734-5768 Office
(360) 483-9077 Cell
Email: tomm@sfmiloans.com

Give him a call and tell him “Susan Stecher said I should talk to you about foreign purchaser financing for buying a Pacific Northwest home!”

Meet Your Local Pacific Northwest Olympic Athletes!

This year is special for 2010 Olympic athletes from the Pacific Northwest—they get to make history in their own backyard in Vancouver stadiums and on Whistler’s slopes. When the eyes of the world are on the Vancouver 2010 Olympic Games in February, here are a few familiar names to watch for:

J.R. Celski—Short Track; born July 17, 1990; from Federal Way, WA.

Patrick Deneen—Skiing; born December 25, 1987; from Cle Elum, WA.

Nicole Joraanstad—Curling; born November 10, 1980; born in Seattle, WA (resides in Madison, WI).

Torin Koos—Cross-Country Skiing; born July 19, 1980; lives in Leavenworth, WA.

Scott Macartney—Alpine Skiing; born January 19, 1978; from Crystal Mountain, WA.

Christian Niccum—Luge & Bobsled; born January 27, 1978; from Seattle, WA.

ApoloOhnoApolo Ohno—Short Track; born May 22, 1982; from Seattle, WA.

Karen Thatcher—Hockey; born February 29, 1984; from Blaine, WA. Karen is from right here in Whatcom County and we are all so proud of her!

Laura Valaas—Skiing; born March 2, 1984; from Wenatchee, WA.

Ashley Wagner—Figure Skating; born May 16, 1991; lived in the Pacific Northwest and still has family here; now lives in Delaware.

To see photos and full bios on these amazing Northwest Olympic athletes, visit King 5.

For a full rundown of Vancouver 2010 Winter Olympic Events and great ideas for finding Olympics accommodations and making Vancouver travel arrangements, visit our Vancouver 2010 page!

A Pacific Northwest Resource for 2010 Olympics Information!

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We are currently 89 days from the start of the Vancouver 2010 Winter Olympic Games – and now is the time to get going on those plans to be a part of the festivities!

For everything from Canadian/US border crossing requirements and Olympic travel information, to great Vancouver and Whistler accommodation tips, to a schedule of Olympic sports events and celebrations at the Games, we’re here to help. Check out our Vancouver 2010 page at LiveInThePacificNW.com for everything you need!

Attention, Bellingham: the Vancouver 2010 Games Are Coming Soon!

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Vancouver 2010 Olympics February 10-28, 2010

I’m sure you’ve heard: the Olympics are coming soon to our corner of the world! The Vancouver 2010 Winter Olympic Games are mere months away, and everyone from world-class athletes to sports enthusiasts to those in the tourism business are deep in preparation.

Those of us fortunate enough to live in Bellingham and the Pacific Northwest find ourselves in a great position: the Winter Olympics are happening in our own backyard!

Here’s what’s strange: many folks, wary of the coming busy-ness and the crowds, aren’t sure if they’ll be able to enjoy this world-wide celebration. But with a little careful planning and some research, Whatcom, Skagit, Island, and San Juan County residents can join in all the fun and make some once-in-a-lifetime memories!

We’re Your Resource for Vancouver 2010 Travel Tips & Event Info

It can sometimes be difficult to know where to start when planning your Vancouver 2010 Olympics Vacation — so we’ve given you a head start! Visit our Olympics page for everything from accommodation tips, to great places to eat in Vancouver and Whistler, to ticket purchasing information.

Most of all, keep checking back. Each week we’ll provide more information about the Olympic Winter Games in a new post. Have a question about the Winter Olympic Games you’d like to see answered? Leave us a note in the comments, and we’ll do our best to help you find an answer!