Do you live outside of the USA, but are looking to buy a property here?
The Foreign National Loan Program was designed for non-US citizens who work outside of the US, but would like to obtain financing on a property within the country.
- SSN or ITIN numbers are not required
- Minimum of 25% down payment
- 5/1 ARM or 30 year fixed options
- Minimum loan amount of $75,000
- Foreign Credit can be used
- 50% max debt to income ratio
- 12 months reserves are required
- eligible visas: B-1, B-2, H-2, H-3, I, J-1, O-2, P1, P2
- Borrowers must be a citizen of a foreign country, who do not reside in the US
- Property Types: Single family, 2-4 unites, townhomes, condos