Foreign National
Discover the Power of Foreign National Loans
Financing options available for non-U.S. citizens and foreign nationals
Specialized programs tailored to international buyers
Competitive rates and terms
888-549-1005
Call for a Free Mortgage Saving Report
No Credit Checks Required
Get a Free Mortgage Saving Report
I consent to receive SMS notifications, alerts, and occasional marketing communications from the company.
FHA Loans
FHA Loans
Or Get a Free Rate Quote
1800-725-9946
Make your dream of owning a home a reality.
Low down payment options
Flexible credit requirements
Competitive interest rates we shop for you
888-549-1005
Call for a Free Mortgage Saving Report
No Credit Checks Required
Get Approved for a Foreign National Loan — Easy Financing for International Buyers with No U.S. Credit Required!
Lower Down Payments: Qualify with as little as 3.5% down, making homeownership more affordable.
Fast Pre-Approval: Get pre-approved quickly so you can shop with confidence.
Better Interest Rates: We help secure the most competitive FHA loan rates available.
Streamlined Process: Our experts handle paperwork and guide you every step of the way.
Credit-Friendly Options: Flexible credit requirements make approval easier.
Low Closing Costs: We negotiate better terms to keep more money in your pocket.
Get a Free Mortgage Saving Report
I consent to receive SMS notifications, alerts, and occasional marketing communications from the company.
Foreign National
Or Get a Free Rate Quote
1800-725-9946
Discover the Power of Foreign National Loans
Financing options available for non-U.S. citizens and foreign nationals
Specialized programs tailored to international buyers
Competitive rates and terms
888-549-1005
Call for a Free Mortgage Saving Report
No Credit Checks Required
Start with our Mortgage Approval Tool!
Start with our Mortgage Approval Tool!
Home Purchase
Buying a home is a major investment,
requiring planning, budgeting, and research to secure the perfect property for long-term stability.
Home Refinance
Home refinancing replaces an existing mortgage with a new loan, often to lower interest rates, reduce payments, or access home equity.
Home Equity
Home equity is the property's market value minus any outstanding mortgage balance, allowing homeowners to borrow against their ownership stake.
Reverse
A reverse mortgage allows homeowners, typically seniors, to convert home equity into cash without monthly payments, repaid when they move or sell.
Start with our Mortgage Approval Tool!
Our Service Commitment
No Hidden Fees: We believe in clear and upfront communication about all costs associated with your mortgage.
Tailored Solutions: Our advisors work closely with you to find mortgage solutions that are customized to your financial situation.
Tailored Solutions: Our advisors work closely with you to find mortgage solutions that are customized to your financial situation.
Get Expert Advise, every time from a licensed loan officer with a suite of products to choose from.
Our Team strives to deliver excellence, reach us day or night about any of your mortgage questions, we’re here for you when you need.
Working with us or just thinking of it, we will always be honest and transparent. No sales targets means way better service!
Largest Lender Network in Florida, Georgia & Texas
Our Service Commitment
Get Expert Advise, every time from a licensed loan officer with a suite of products to choose from.
Our Team strives to deliver excellence, reach us day or night about any of your mortgage questions, we’re here for you when you need.
Working with us or just thinking of it, we will always be honest and transparent. No sales targets means way better service!
No Hidden Fees: We believe in clear and upfront communication about all costs associated with your mortgage.
Tailored Solutions: Our advisors work closely with you to find mortgage solutions that are customized to your financial situation.
Available When & Where You Want!
Across multiple states our Licensed Loan officers will help you from the application to the funding and beyond.
We work on your schedule, with streamlined technology and support staffing, your mortgage request will always be a priority!
Available When & Where You Want!
Across multiple states our Licensed Loan officers will help you from the application to the funding and beyond.
We work on your schedule, with streamlined technology and support staffing, your mortgage request will always be a priority!
Book an Appointment
Book an Appointment
Meet Our Team
Angle Ogbele
Natasha Staplowski
Darnell Smith
Arlan Zuberi
Meet Our Team
Angle Ogbele
Natasha Staplowski
Darnell Smith
Arlan Zuberi
What is Foreign National?
A foreign national loan is a type of mortgage loan that is available to non-US citizens who wish to purchase real estate in the country. These loans are designed for foreign nationals who do not reside in the U.S. or do not have a Social Security number, credit history, or employment history in the United States.
Foreign national loans provide an opportunity for non-US citizens to invest in US real estate, but they come with their own set of requirements and considerations, reflecting the higher risk profile of lending to individuals without a US-based financial history.
How Does a Foreign National Works ?
Alternative Documentation: Instead of traditional income verification, lenders may look at other financial indicators, such as bank statements, assets, investment accounts, or even a high credit score to assess a borrower's ability to repay the loan.
Asset-Based Lending: The loan may be secured against an asset the borrower owns, such as real estate or investment portfolios. The loan amount is often based on a percentage of the asset's value.
Higher Interest Rates and Down Payments: Due to the increased risk associated with lending without traditional income verification, no income loans often come with higher interest rates and may require larger down payments compared to conventional loans.
Limited Availability: Not all lenders offer no income loans, and they may be more difficult to find than income-verified loans. Borrowers may need to seek out specialized lenders who offer niche loan products.
Limited Availability: Not all lenders offer no income loans, and they may be more difficult to find than income-verified loans. Borrowers may need to seek out specialized lenders who offer niche loan products.
Overall, foreign national loans provide a path for non-US citizens to invest in US real estate, but they come with unique requirements and often higher costs to offset the increased risk to the lender.
Each lender may have their own specific requirements and underwriting criteria, so it's important to check with potential lenders to understand their particular process for obtaining a DSCR loan.
What is Foreign National?
A foreign national loan is a type of mortgage loan that is available to non-US citizens who wish to purchase real estate in the country. These loans are designed for foreign nationals who do not reside in the U.S. or do not have a Social Security number, credit history, or employment history in the United States.
Foreign national loans provide an opportunity for non-US citizens to invest in US real estate, but they come with their own set of requirements and considerations, reflecting the higher risk profile of lending to individuals without a US-based financial history.
How Does a Foreign National Works ?
Alternative Documentation
Instead of traditional income verification, lenders may look at other financial indicators, such as bank statements, assets, investment accounts, or even a high credit score to assess a borrower's ability to repay the loan.
Asset-Based Lending
The loan may be secured against an asset the borrower owns, such as real estate or investment portfolios. The loan amount is often based on a percentage of the asset's value.
Higher Interest Rates and Down Payments
Due to the increased risk associated with lending without traditional income verification, no income loans often come with higher interest rates and may require larger down payments compared to conventional loans.
Limited Availability
Not all lenders offer no income loans, and they may be more difficult to find than income-verified loans. Borrowers may need to seek out specialized lenders who offer niche loan products.
Limited Availability
Not all lenders offer no income loans, and they may be more difficult to find than income-verified loans. Borrowers may need to seek out specialized lenders who offer niche loan products.
Overall, foreign national loans provide a path for non-US citizens to invest in US real estate, but they come with unique requirements and often higher costs to offset the increased risk to the lender.
Each lender may have their own specific requirements and underwriting criteria, so it's important to check with potential lenders to understand their particular process for obtaining a DSCR loan.
Benefits of Foreign National
The features of these loans often include:
Down Payment: A higher down payment is required, often ranging from 30% to 50% of the property's purchase price.
Interest Rates: These loans usually have higher interest rates compared to those offered to US citizens or permanent residents, reflecting the higher risk perceived by lenders.
Documentation: Borrowers must provide extensive documentation, including proof of income, assets, creditworthiness, and legal status in the US.
Property Types: Loans can be used to purchase various types of properties, including single-family homes, condos, and sometimes investment properties.
Loan Terms: The terms can vary but may not be as favorable as those available to US residents, with some loans having shorter amortization schedules.
Credit Evaluation: Lenders may require a credit report from the borrower's home country or an international credit report to assess creditworthiness.
Residency Status: Borrowers need to have a valid visa or proof of legal residency, even if it's not permanent.
No US Credit History Required: Since foreign nationals may not have a US credit history, lenders may consider international credit reports or alternative credit documentation.
Asset Verification: Proof of assets held both domestically and internationally is required to ensure the borrower has the means to make the down payment and pay closing costs.
Income Verification: Income may need to be verified through tax returns or financial statements from the borrower's country of origin.
Limited Availability: Not all lenders offer foreign national loan programs, so the availability of these loans may be limited to certain financial institutions or specialized lenders.
These features reflect the increased risk and complexity involved in lending to individuals without a long-term residency status in the US.
Benefits of Foreign National
The features of these loans often include:
Down Payment
A higher down payment is required, often ranging from 30% to 50% of the property's purchase price.
Interest Rates
These loans usually have higher interest rates compared to those offered to US citizens or permanent residents, reflecting the higher risk perceived by lenders.
Documentation
Borrowers must provide extensive documentation, including proof of income, assets, creditworthiness, and legal status in the US.
Property Types
Loans can be used to purchase various types of properties, including single-family homes, condos, and sometimes investment properties.
Loan Terms
The terms can vary but may not be as favorable as those available to US residents, with some loans having shorter amortization schedules.
Credit Evaluation
Lenders may require a credit report from the borrower's home country or an international credit report to assess creditworthiness.
Residency Status
Borrowers need to have a valid visa or proof of legal residency, even if it's not permanent.
No US Credit History Required
Since foreign nationals may not have a US credit history, lenders may consider international credit reports or alternative credit documentation.
Asset Verification
Proof of assets held both domestically and internationally is required to ensure the borrower has the means to make the down payment and pay closing costs.
Income Verification
Income may need to be verified through tax returns or financial statements from the borrower's country of origin.
Limited Availability
Not all lenders offer foreign national loan programs, so the availability of these loans may be limited to certain financial institutions or specialized lenders.
These features reflect the increased risk and complexity involved in lending to individuals without a long-term residency status in the US.
Features of Foreign National
Applying for a foreign national loan offers several benefits for non-U.S. citizens seeking to invest in real estate within the United States:
Property Ownership in the U.S.:** It enables foreign nationals to purchase property in the U.S., which can be used for personal use, as a vacation home, or as an investment.
Investment Opportunities:** The U.S. real estate market can provide a stable and potentially lucrative investment opportunity. Property values may appreciate over time, and rental income can generate a steady cash flow for investors.
Diversification:** By owning property in the U.S., foreign nationals can diversify their investment portfolios, spreading risk across different markets and asset classes.
Leverage:** Loans allow investors to leverage their capital, meaning they can purchase more expensive properties than they could if paying entirely with their own funds.
Building U.S. Credit History:** Successfully repaying a foreign national loan can help non-U.S. citizens build a credit history within the United States, which could be beneficial for future financial endeavors in the country.
Potential Tax Advantages:** Owning property in the U.S. might come with certain tax benefits, such as deductions for mortgage interest, property taxes, and depreciation. However, it's important for borrowers to consult with a tax professional to understand the implications fully.
Access to Financing:** These loans provide access to financing for individuals who might not qualify for traditional mortgage products due to their non-resident status.
Currency Flexibility:** Some lenders may offer financing in different currencies, which can be advantageous depending on the foreign national’s home currency strength and stability.
Favorable Terms:** In some cases, foreign nationals may find favorable loan terms, such as interest-only payments or adjustable-rate mortgages that suit their financial plans.
Potential for Residency:** While a foreign national loan itself doesn't lead to U.S. residency, owning property in the U.S. can be a step towards establishing a presence in the country for those who may later pursue residency or citizenship.
It's important for potential borrowers to carefully consider their financial situation and consult with real estate and financial professionals before applying for a foreign national loan. These loans can be complex and the implications of property ownership in the U.S. can vary depending on individual circumstances.
Features of Foreign National
Applying for a foreign national loan offers several benefits for non-U.S. citizens seeking to invest in real estate within the United States:
Property Ownership in the U.S.
It enables foreign nationals to purchase property in the U.S., which can be used for personal use, as a vacation home, or as an investment.
Investment Opportunities
The U.S. real estate market can provide a stable and potentially lucrative investment opportunity. Property values may appreciate over time, and rental income can generate a steady cash flow for investors
Diversification
By owning property in the U.S., foreign nationals can diversify their investment portfolios, spreading risk across different markets and asset classes.
Leverage
Loans allow investors to leverage their capital, meaning they can purchase more expensive properties than they could if paying entirely with their own funds.
Building U.S. Credit History
Successfully repaying a foreign national loan can help non-U.S. citizens build a credit history within the United States, which could be beneficial for future financial endeavors in the country.
Potential Tax Advantages
Owning property in the U.S. might come with certain tax benefits, such as deductions for mortgage interest, property taxes, and depreciation. However, it's important for borrowers to consult with a tax professional to understand the implications fully.
Access to Financing
These loans provide access to financing for individuals who might not qualify for traditional mortgage products due to their non-resident status.
Currency Flexibility
Some lenders may offer financing in different currencies, which can be advantageous depending on the foreign national’s home currency strength and stability.
Favorable Terms
In some cases, foreign nationals may find favorable loan terms, such as interest-only payments or adjustable-rate mortgages that suit their financial plans.
Potential for Residency
While a foreign national loan itself doesn't lead to U.S. residency, owning property in the U.S. can be a step towards establishing a presence in the country for those who may later pursue residency or citizenship.
It's important for potential borrowers to carefully consider their financial situation and consult with real estate and financial professionals before applying for a foreign national loan. These loans can be complex and the implications of property ownership in the U.S. can vary depending on individual circumstances.
Quick Links
Other Links
Contact Information
RateShop Mortgage LLC is a licensed mortgage broker in FL, GA, and TX.
In accordance with federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, or age (provided you have the capacity to enter into a binding contract), nor do we discriminate because any part of your income is derived from public assistance programs, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The Federal Trade Commission, Equal Credit Opportunity Division, Washington, DC 20580, is the federal agency responsible for administering these laws.
Copyright 2025. All Rights Reserved Rateshop.us
#1 Voted Mortgage Calculators in Canada
Our Mortgage Experts
Dylan James
Mortgage Agent Level 1
Abdoulaye Sow
Mortgage Agent Level 1
Michael Le Chi
Mortgage Agent Level 1
Heith Gharib
Mortgage Agent Level 1
Sara Fresco
Mortgage Agent level 1