Foreign National Program

Our foreign national loans help you easily accomplish complex transactions. As a foreign national mortgage lender, we’ll provide you with experienced underwriters who deliver quick turnarounds and well-versed teams to help you through the entire process. You’ll benefit from exceptional service and incredible rates.

Note: if your borrower has a work visa, please refer to our Work Visa/Expatriate program.

Overview:

  • For borrowers living and working outside of the United States, who need financing for a second home or investment property in the United States.
  • Loan amounts up to $3,000,0001
  • Max LTV 50% (max LTV 60% considered with International Credit Report)
  • Income, asset, and PITI verification required (English translation required)
  • Cash-out available (no seasoning on recent purchases to $1,500,000)
 
Program Details
Lending Area Available in all 50 states
Acceptable Collateral SFR, 1-4 family, High-rise Condo, Condo, Condotel, Co-op, Acreage, Hobby Farms, Second Homes, NOO  
LTV Loan Amount

Max 50% LTV allowed up to $3 MM1

Expanded LTVs allowed with International Credit Report Contact AE for details

Income & Assets

Full documentation required - all income and asset documents must be translated into English.

All Income, PITI and asset documents must be translated into English.

SSN / ITIN
Requirement

Required by closing for 1098 Mortgage Interest Reporting purposes
Cash Out

Loan amounts up to $3 MM with unlimited cash in hand

No seasoning requirements on all collateral types including NOO

Asset Depletion

Yes, if held in a U.S. financial institution

See Asset Depletion Program for details.

Pre-approval All loans pre-approved before appraisal order “TBD Address” pre-approvals accepted
Gifted down payment / Gifted Reserves / Gift of Equity Yes
Rush Closings

> 2 week rush closings available.

Call your AE for details.


1Loans over $3 MM approved on an exception basis

Download our complete Portfolio Mortgage Program Guidelines