What is a Foreign National Loan?
Foreign National Loan is for those who lack residency in the US and wants to purchase second home, or investment property.
If you're a Foreign National and looking to purchase a second home or investment property can help you get qualified.
offers the foreign national program for Non-US citizens authorized to live in the US on a temporary basis via Visa and a Passport from foreign country of residence. However, in some cases, Visa is not required if they meet the state departments Visa waiver program.
No Employment or income is required.
Credit Score is not a factor.
DTI is not needed.
Up to $500,000 cash out is allowed.
Cash Out can be used as reserves.
Up to $1,500,000 loan amounts.
75% LTV on purchase.
75% LTV on rate and term.
70% LTV on cash out
Investment properties only.
Reserves are not needed.
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