Go Back   RisingUp Aviation Forums > Aircraft > Airplane Ownership
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Airplane Ownership aircraft owners, future aircraft owners, and wannabe aircraft owners.

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1 (permalink)  
Old 04-27-2005, 12:19 PM
mike-the-bike mike-the-bike is offline
New Member
 
Join Date: Apr 2005
Posts: 5
mike-the-bike is on a distinguished road
Airplane financing for resident alien?

Does anyone here know of a financial institution willing to underwrite an aircraft loan to a resident alien Canadian?

I live & work here under a TN-1 visa, for the last 2.5 years. I can get a $300,000 mortgage, but I can't get a $30,000 aircraft loan. The first 4 companies I contacted (MBNA was the first, since I'm an AOPA member) refused me either because I'm not an American citizen or because I don't have a 5 yr credit history in the US (MBNA doesn't feel like calling all the way to Canada to get my excellent 20 year credit history there). At least the FAA just wants my passport & fingerprints...

I'd rather not take out a 15% personal loan from my bank.

Has anyone dealt with a company that could help me out?


Thanks!
Michael
Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 08:27 PM.


Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.0.0