Question 1

Can I get a foreign national loan in Livermore on a tourist visa?

Accepted Answer

Some lenders allow it, but terms are stricter. Expect a higher down payment and fewer program options than visa holders with employment authorization.

Question 2

Do I need a US bank account to qualify?

Accepted Answer

Not always. Many lenders accept foreign bank statements for asset verification. A US account helps, but it is not a hard requirement on most programs.

Question 3

How much do I need in reserves?

Accepted Answer

Most foreign national programs require 12 months of reserves. Some lenders push to 18 months depending on your visa type and down payment.

Question 4

Can I use rental income from the property to qualify?

Accepted Answer

On a foreign national program, typically no. If rental income is your primary qualifier, a DSCR loan is a better fit.

Question 5

How long does a foreign national loan take to close in Livermore?

Accepted Answer

Plan for 30 to 45 days. Document translation and foreign credit verification add time. Starting your paperwork early is the best way to avoid delays.

Foreign National Loans in Livermore, CA