Question 1

Can I buy in Hayward without a U.S. credit score?

Accepted Answer

Yes. Lenders use foreign credit reports or bank statements instead. You don't need U.S. credit history to qualify.

Question 2

What visa types are accepted?

Accepted Answer

Most lenders accept B1/B2, E, H, L, and O visas. Requirements vary by lender — confirm before you apply.

Question 3

How much do I need to put down?

Accepted Answer

Plan for at least 25%-30% down. Some lenders require 40% depending on loan size and documentation type.

Question 4

Can a foreign national buy a rental property in Hayward?

Accepted Answer

Yes. Investment properties are eligible. A DSCR loan may be a better fit if the property generates rental income.

Question 5

How long does the loan process take?

Accepted Answer

Expect 30-45 days minimum. Document translation and international wire verification add time — plan accordingly.

Question 6

Do I need a U.S. bank account to close?

Accepted Answer

Some lenders require one. Others don't. This varies by program — ask your broker before choosing a lender.

Foreign National Loans in Hayward, CA