Foreign National Loans

Program Overview

Foreign National Loans provide specialized mortgage financing for non-US citizens purchasing property in the United States. These programs are designed for international investors, expatriates, and foreign buyers who want to invest in US real estate.

How It Works

These programs accommodate the unique needs of foreign nationals by accepting international documentation, verifying foreign income and assets, and providing flexible underwriting that considers the global nature of your financial profile.

Key Benefits

• International Documentation: Accept foreign income and asset documentation
• Flexible Underwriting: Consider global financial profile
• Competitive Rates: Rates comparable to domestic loans
• Investment Properties: Available for investment and personal use
• Fast Processing: Streamlined international underwriting

Program Requirements

Documentation Requirements

• Valid Passport: Current, valid passport from your home country
• Visa Status: Valid visa or entry documentation
• International Income: Documentation of foreign income sources
• Asset Verification: International bank and investment statements

Credit Requirements

• Minimum Credit Score: 660
• US Credit Preferred: Foreign nationals with US credit history preferred, but not always required
• Housing History: 0x30x12 or similar verified through VOR/VOM

Income Requirements

• Stable Employment: Minimum 2 years of employment (foreign or US)
• International Income: Foreign income documentation accepted
• Debt-to-Income: Maximum 43–50% DTI depending on lender
• DSCR Loans: Some programs allow DSCR > 1.0 as qualifying method

Asset Requirements

• Liquid Assets: Required to cover reserves and down payment
• Seasoning: Typically must be seasoned for 30–60 days
• Documentation: Must be fully documented with statements translated if necessary

Property Requirements

• Property Types: Single-family, condos (including non-warrantable), townhomes, 2-4 units
• Occupancy: Second home or investment only (primary often not allowed)
• Location: Most states; certain lenders exclude areas like NY primary homes, HI lava zones
• Condotel Restrictions: Often ineligible or limited to resort areas with max 65–70% LTV

Down Payment Requirements

• Minimum Down Payment: Typically 25–30%
• Max LTV: 70–75% for most lenders
• Cash Out Restrictions: Max LTV for cash-out often capped at 65%

What to Expect

Step 1: Documentation Review

We'll review your foreign documentation and visa status to determine eligibility. This includes analyzing your passport, visa, and entry documentation.

Step 2: Asset Verification

We'll verify your liquid assets and financial stability through international bank statements and investment documentation.

Step 3: Loan Application

Complete the mortgage application with our foreign national specific underwriting process. We'll guide you through the international documentation requirements.

Step 4: International Verification

Our specialized team will verify your international income and assets. This includes translating and analyzing foreign financial documents.

Step 5: Approval & Closing

Once approved, you'll proceed to closing with terms that reflect your international financial profile and overall stability.

Who This Program Helps

• International investors wanting US real estate exposure
• Expatriates working in the US temporarily
• Foreign professionals with US income
• High net worth individuals seeking US investments
• International families wanting US property

Maria Rodriguez Mortgage Solutions

• Phone: (555) 987-6543
• Email: maria@mariarodriguez.com
• NMLS: #7654321

Don't let international borders prevent you from investing in US real estate. Our foreign national programs can help you achieve your investment goals.