BOCA RATON, Fla., Aug. 10 /PRNewswire/ -- LynxBanc ( http://www.lynxbanc.com/ ) today announced that it is able to arrange multi- currency mortgage facilities for international home buyers in South Florida with Lloyds TSB Bank, one of the UK's largest banks.
This new mortgage facility will appeal to Florida's foreign national homebuyers by providing an alternative to financing in US Dollars. With many of Florida's overseas home purchasers earning in currencies other than Dollars, they can now align their borrowing to their home currency, potentially reducing their need to buy and sell Dollars to service their mortgage.
"Florida has the highest share of real estate buyers from overseas of any state, 15 per cent on average. This new mortgage facility offers the overseas buyer the opportunity to switch between eligible international currencies easily and inexpensively up to four times a year," said Stephen Parnell, CEO of LynxBanc.
About LynxBanc
With over 50 years combined experience in the international mortgage market, LynxBanc, based in Boca Raton, serves clients throughout Florida and provides a full range of international and domestic mortgage facilities. For more information contact the Boca Raton mortgage office: 561 392 8044 or by email: info@lynxbanc.com
About Lloyds TSB
The Expatriate Banking division of Lloyds TSB Offshore, a wholly owned subsidiary of Lloyds TSB Group plc, provides international personal banking services to approximately 60,000 customers worldwide, providing USD, GBP and EUR currency accounts. 24/7 relationship management support is provided from centers in the Channel Islands and Isle of Man, supplemented by representative offices in a number of locations worldwide including Miami FL. For more information contact the Miami office: 305 347 7140 or by email: ggoosen@lloydstsb-usa.com
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Contact information
Stephen Parnell
LynxBanc Mortgage Corporation
561.392.8044 6#
info@lynxbanc.com
Website: http://www.lynxbanc.com/