These loans are commonly used for investment properties, second homes, or vacation homes and allow foreign buyers to finance U.S. real estate using international income and assets.

Key Highlights

• No U.S. Social Security Number required
• S. credit history often not required
• Income and assets may be verified from overseas sources
• Larger down payments typically required
• Available for residential and investment properties

Down Payment & Terms

• Typical down payment: 20%–30%
• Fixed or adjustable-rate options available
• Loan terms usually range from 15 to 30 years
• Interest rates are generally higher than standard U.S. loans

Documentation

Instead of U.S. tax returns or pay stubs, lenders may accept:

• Foreign bank statements
• Proof of income or business ownership abroad
• Asset verification and reserves
• Valid passport and identification

Important Notes

Foreign National Loans are more specialized and not all properties or borrower profiles qualify. Program availability, documentation, and terms vary by lender and country of origin.