If you are not a citizen of the USA, you still may be able to obtain a mortgage to purchase a home. There are several mortgage lenders that offer mortgage programs to foreign buyers in the United States.  These programs are known as “foreign national mortgages”.

Foreign National Mortgages – What Do They Offer?

Several mortgage lenders offer foreign national mortgages, which may have the following potential advantages:

  • No FICO score required.  If you do have a FICO score, there is no minimum credit score requirement (even below 500 may still qualify).
  • Some lenders do not require you to have a social security number, green card, or visa in order to be eligible.
  • Down payment as low as 10% (however, most lenders require a down payment of at least 20%).
  • Loan amounts available up to $25,000,000.
  • DTI ratios as high as 50%.
  • Financing is available for primary residences, second homes, and investment properties.

The exact requirements to get a foreign national mortgage vary from lender to lender.  You can view some of the best foreign national lenders below.  If you would like some assistance finding a lender, we can help match you with a lender.

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Foreign National Mortgage Lenders 

Below are some of the top foreign national mortgage lenders for 2021:

1 – Acra Lending 

Acra Lending offers a no income verification program, which is available to foreign nationals buying a home in the USA.  The maximum LTV allowed is 75%, which means a 25% down payment is required.  Loan amounts are available up to $3,000,000.  Other details of this loan product are that no reserves are required, interest only options are available, and there are no prepayment penalties.

States:  AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MT, NC, NE, NH, NJ, NV, OK, OR, PA, SC, TN, TX, UT, VA, VT, WA, WI, & WY.

2 – BBVA Compass

BBVA Compass, also known as simply “Compass Bank”, provides a couple different options for foreign nationals.  This includes their Corporate Foreign National Mortgage, which is available to foreign citizens employed by a U.S. company.  The other is a Construction and Renovation / Permanent Financing loan program.  This includes a singular application, loan, and closing, for both the construction loan and permanent loan.

States: Nationwide

3 – Axos Bank

Axos Bank offers a foreign national mortgage program that does not require a borrower to have a social security number, green card, or visa in order to qualify.  There program also does not require you to have a U.S. FICO score.  They accept foreign credit reports (or satisfactory alternative credit from the borrower’s country).  The maximum LTV allowed is 65% (up to $3,000,000).  For loan amounts up to $5,000,000, the maximum LTV allowed is 50%.  Super jumbo loans are available up to $25,000,000.

States:  Nationwide

4 – Northstar Funding 

Northstar Funding has a program that allows up to a 90% LTV (10% down payment) on loan amounts up to $5,000,000.  They offer financing up to $10,000,000, but any loan above $5,000,000 will require a lower LTV (the exact LTV would depend on what you are approved for).

States:  CA, CO, CT, DC, GA, IL, MD, NC, NJ, NY, OR, PA, RI, SC, and VA.

5 – Amerifund 

Amerifund Home Mortgage accommodates to foreign nationals looking for a higher loan amount. Their minimum loan amount required is $500,000, and they lend all the way up to $20 million.  Most should expect to need at least a 30% down payment (70% LTV max).

States:  Nationwide (except in AL, KS, KY, LA, MN, MO, MS, MT, and WY).

6 – ACC Mortgage

ACC Mortgage offers a unique loan product called the “Foreign National Mortgage Program”.  This program offers up to 70% financing (30% down payment), and does not require you to provide any proof of income or employment.  What is required is a 640 credit score (if available), and a copy of your passport and unexpired visa (they accept a B-1, B-2, H-2, H-3, I, J-1, J-2, O-2, P-1, and P-2.  Loans are available up to $2,000,000.  Don’t have a visa?  That ma not be a problem.  We work with some lenders that do not require a visa.

States: AZ, CA, CO, CT, DC, DE, FL, GA, IL, MD, NV, NJ, NC, PA, SC, TX, VA, and WA.

The lenders featured above are some of the best foreign national mortgage lenders.  You may also view some additional foreign national mortgage lenders below.

If you would like some assistance finding a lender, we can help match you with a lender that offers foreign national loans in the state that you wish to purchase or refinance a property in.

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Additional Foreign National Mortgage Lenders

Below are some additional mortgage lenders that offer financing for foreign nationals:

First National Bank of America

Sprout Mortgage

Cross Country Mortgage

Insignia Mortgage

Citibank

HSBC

Hurst Lending

Community Mortgage Group

1st Capital Group

Would You Like Some Help Finding a Lender?

If you would like some help finding a foreign national mortgage lender, we would be glad to help you.

Click here to get matched with a mortgage lender

Frequently Asked Questions

Do I need a TIN (tax identification number) to obtain a loan?
Most foreign national mortgage lenders will not require you to provide a tax identification number. If you do have one, you may want to also look into ITIN home loans, which allow you to use your ITIN number to qualify for a mortgage. If you do not have one, you will want to look at the lenders featured on this page, most of which do not require a TIN or SSN number.

Does the FHA offer any home loans for foreign nationals?
Yes, the FHA offers a foreign national mortgage program. However, these loans are only available if you have “permanent resident alien” status. If you do not, you will want to look at a private money lender, such as those listed on this page.

Can you purchase second homes or investment properties with a foreign national mortgage?
Yes, you may purchase a second home or investment property using a foreign national mortgage.

If a US credit report is not required, what credit may be looked at?
If you are able to furnish a credit report from your home country, that will certainly help. However, most lenders will allow you to provide proof of alternative forms of credit. This can include credit reference letters from creditors. Some will even consider allowing you to use cell phone and utilities bills as credit accounts.

What sort of requirements are their related to residency status?
Some lenders will only offer mortgage loans to permanent resident aliens, however many do not require you to have this status. In fact, more often than not, your immigration status will not even be looked at. In the event that it is, your lender may want a copy of your green card or visa (if applicable for their loan requirements).

What locations are foreign national mortgages available in?
The lenders we work with offer foreign national mortgage loans in: Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Louisiana, Maryland, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Virginia, Washington State, and Wisconsin.

Would You Like Some Help Finding a Lender?

If you would like some help finding a foreign national mortgage lender, we would be glad to help you.

Click here to get matched with a mortgage lender