Loan program · Specialty
Foreign National Mortgages
Foreign national programs allow qualified buyers who are not U.S. citizens or permanent residents to finance U.S. property. Since traditional U.S. credit scores and domestic income are often unavailable, investors substitute alternative documentation such as international credit references, foreign income verification, or property cash flow.
Guidance by Manny
Who it is designed for
- Buyers who live outside the United States and do not have U.S. credit
- Non resident investors buying rental property
- Buyers on certain visa types who fall outside standard agency guidelines
Eligible occupancy types
- Second home
- Investment property, and select programs for primary residence
Down payment or equity
Down payment requirements are set by the investor and are substantially higher than agency financing.
Major benefits
- No U.S. credit score required on many programs
- Alternative income documentation, including foreign income letters
- Entity vesting is often permitted on investment purchases
Important considerations
- Larger down payment and reserve requirements
- Documents may require certified translation and currency conversion
- Pricing is higher than agency financing
- Eligibility varies with visa or residency status
How qualification generally works
- Valid passport and, where applicable, visa documentation
- International credit reference letters or an accepted alternative
- Verified assets in a U.S. or accepted foreign institution
- Appraisal and, for rentals, rent documentation
Documents commonly requested
- Valid passport and visa documentation where applicable
- Credit reference letters from foreign institutions, if the program requires them
- Proof of income from a foreign employer or business, translated as needed
- Asset statements showing funds for down payment, closing costs and reserves
Not sure this is the right mortgage?
Tell Manny what you're trying to accomplish. He can help you compare this program with other financing options that may fit your situation — your income and how it is documented, your credit and assets, the property and how you will use it, your timeline, and the guidelines that apply. Most borrowers have more than one workable path.
Frequently Asked Questions
Related programs and next steps
DSCR Loans
Investment property financing qualified on rent, not personal income.
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Qualify with business or personal deposits instead of tax return net income.
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Financing above conforming loan limits for higher priced homes.
Learn moreConsidering foreign national mortgages?
We will review your documents, compare the realistic options, and give you a written preapproval you can use with confidence. Nothing on this page is a commitment to lend.