How can a Canadian get Financing for buying a house in the states

This is the one of the main issue for a Canadian in buying a home in the states.

There are some US banks which can provide financing in the states based on your assets and income in Canada. Some of these banks are owned by the Canadian banks probably bought during the Financial crisis in the states.

1) Harris bank. This is part of the BMO financial group.
https://www4.harrisbank.com/

2) Royal Bank USA. Check out the following link:
http://www.rbcroyalbank.com/usbanking/rbc-access-usa.html


If you are willing to put 30 percent down, then I think most of the banks in the states will be able to provide the financing. Being a canadian I would rather try the Canadian banks first with some presence in the states, so that you can capitalize on your equity in Canada.

Last time I checked with the Bank of America, they said you can get financing now in the states only if you are working in the states and that too with 30 percent down. But if you want to just open a US dollar account with them, that's easy. You need a Passport and may be one more piece of identification. Later on, you will also need Tax identification Number or Social security number. The account comes with Visa debit card, that could be quite convenient if you travel to the states quite often. The account requires $1500 minimum balance to avoid monthly fee or if you could have a direct deposit there if you are working in the states.