Foreign National Loans

Want to buy a home in the United States, but you're not a US Citizen?

A mortgage to a non-resident is called a Foreign National Mortgage loan. A foreign national who is not a resident of the United States will in many cases seek to own real estate. Financing real estate is generally done by US mortgage companies and banks to United States citizens.

Down payment requirements are usually higher for foreign national borrowers. The minimum down payment is usually 30% of the total purchase price of the property. This is also referred to as an 80% Loan to Value "LTV" loan"

Here are some of the key details: