Home Financing For Global Buyers
Foreign National Loans are designed for borrowers with no residence or work in the United States, to allow them invest in U.S. real estate and bypassing strict credit and income documentation requirements imposed by traditional lenders. Investments like this allow you to take advantage of rental markets by using the income generated from the property or showing your income and employment verification from your country of origin.
- No U.S. income or residency required
- Credit score: N/A
- Max LTV up to 80%, up to $3 million for 2nd homes and up to $2 million for Investment Properties
- Full Doc and DSCR loan programs
- Closing in a U.S. LLC entity permitted
- No VISA option available
- Assets sourced and seasoned for 60 days, must be in a U.S. FDIC insured bank for a minimum of 10 days
- Gift funds allowed
- CPA / Income Letter (Self Employed)
- Employer Income Letter (Salaried)
- Past 2 monthly Bank Statements (English and USD converted are requirements)
- 2 Forms of ID required - Drivers License or Passport /Visa (if applicable)
- Two credit reference letters
- Utility Bill with Borrower's name and Primary Residence address visible
- Copy of Insurance & Tax Bill on Primary Residence (when applicable)
- Executed Sales Contract
- Proof of Deposit on Contract and proof of funds clearing bank account
- Copy of Mortgage Statements on any REO with a mortgage associated with the Property
- ALL DOCUMENTS MUST BE TRANSLATED INTO ENGLISH
