Foreign National Loan

With a max of 75%

An individual would use this loan if they are considered a Foreign National in the United States. A Foreign National is a person who is not a citizen of the host country in which he or she is residing or temporarily sojourning. For example, a foreign national in Canada is someone who is neither a Canadian citizen nor a permanent resident of Canada.


Who Can Qualify

  • Must be 18 years or older

  • Not a U.S citizen

  • Not a green card holder

LOAN DETAILS:



LENDING CRITERIA

INVESTOR A

INVESTOR B

INVESTOR C

CREDIT REQUIREMENT

500 + FICO SCORE

NO U.S. CREDIT SCORE REQUIRED

NO U.S. CREDIT SCORE REQUIRED

DEBT-TO-INCOME RATIO

ITIN#* = 50% MAX DTI
FOREIGN NATIONAL = NONE

NO DTI RATIO

NO DTI RATIO

MAX LTV

ITIN#* LOAN = 75% LTV
FOREIGN NATIONAL = 75% LTV

UP TO 70% LTV

UP TO 75% LTV

ELIGIBLE PROPERTIES

SFR | CONDO | PUD | MULTI-UNIT(2-4)

SFR | CONDO | PUD | 5+

SFR | CONDO | PUD | MULTI-UNIT (8 unit max)

IDENTIFICATION

PASSPORT OR ITIN#*

PASSPORT ONLY

PASSPORT

INCOME DOC REQUIRED

ITIN* # LOAN = FULL DOC FOREIGN
NATIONAL = NO DOC

N/O/O = NO DOC

N/O/O = NO DOC

LOAN TERM RANGE

30 YEAR FIXED or 7/1 ARM*

30 YEAR FIXED or 7/1 ARM* 6 month - 30 Year

1 year |2 Years | 4 Years

LOAN AMOUNT

$100K - $3MM

$100K - $2MM
$10MM MAX ON BRIDGE LOAN

$100K – $5MM

MAX. LOAN ALLOWED

ITIN # LOAN = $1MM
FOREIGN NATIONAL = $3MM

ITIN # LOAN = $1MM
OREIGN NATIONAL = $2MM

$5MM

APPLICABLE STATES

CA, OR, CO, FL, TX

CA, OR, CO, FL, TX
$10MM MAX ON BRIDGE LOAN

AZ, CA, CO, FL, GA, HI, NC, NV, OR, SC, TN, TX, UT, WA

LOAN PURPOSE

PURCHASE | REFI | C/O*

PURCHASE | REFI | C/O*

PURCHASE | REFI | C/O* | REHAB

RESERVES

NO RESERVES REQUIRED

NO RESERVES REQUIRED

RESERVES REQUIRED

OCCUPANCY

O/O | N/O/O | SECOND HOME

N/O/O ONLY

N/O/O ONLY

CLOSING TIMELINE

30 - 40 DAYS

30 DAYS

5-10 DAYS



Ready to Apply? Let’s Get Started.

If you’re ready to take the next step, you can start your application now. It’s quick, secure, and gives us the info we need to help you move forward.