Brits get Disney fix as US banks lend to foreigners
Overseas buyers snap up US homes with foreign- national mortgages
Thu, Sep 25, 2014 - 12:00 AM
Disney, Florida: A UK couple with three children bought a vacation house near the theme park, which they usually visit annually. They'll rent it out when they're not there. - PHOTO: BLOOMBERG
[WASHINGTON] Adele and Mark Lee, who live in England with their three children, said they got approved for a US mortgage without setting foot on American soil. The vacation home they're buying near Florida's Disney World would have been out of reach if they had to pay all cash.