Foreign National Mortgage

The Foreign National Mortgage is a financial product that allows non-residents to secure mortgages on investment properties in the United States. The main requirement for this type of transaction:
-> Investment purchases only – not to be used for a primary home purchase
-> At least 25% down payment (or 70% LTV)
-> NO Social Security number required or any US citizenship documentation

Buying a house is often an impossible task for non-American citizens. However, this loan can make it easier and more accessible regardless of your status as a foreign national in America!

This loan allows you to pursue the American Dream no matter what country or citizenship you are.

This loan is designed for foreign investors who want to protect their money from high levels of inflation in other countries or just invest safely inside the United States.

The foreign national loan program allow non-residents to secure a mortgage without having their Social Security number, green card or visa. Additionally, borrowers do not need FICO scores as proof of creditworthiness; they can demonstrate it through alternative means and submit an official report from the country where they reside now instead!

The property must be purchased as an investment, with at least 25% down and credit references from your home country or the United States.

We can have you pre-qualified within 24 hours of submitting the documents required. We’ll close your loan in 30 days if all parties work with us together, namely Seller and Buyer as well as Appraiser!

Up to $2 Million

The beauty of this loan program is that not only can you own property in the United States but with as little down payment of 25%!

Background
‍This client was a very successful SEO Marketing manager who traveled a lot for his body building shows. He was having success in both fields and wanted to start his real estate portfolio. Despite his employment being remotely based in Canada, he wanted to buy in the US because Canada had Covid restrictions that were not investor friendly. The client found a new construction home in Texas that fit his investment wants, and he wanted to use it as an AirBnB investment home.
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‍How we made it work
‍We verified his credit references from Canada, packaged a DSCR loan for him and put an offer in. The offer was accepted and the property’s long term rental numbers that came in from the appraisal covered the mortgage, making it cash flow positive. The property debt-serviced. He put 20% down and this body builder’s real estate dreams began!

‍Time to close loan: 30 DAYS