Question 1

Can I buy in Gridley without a US green card?

Accepted Answer

Yes. Foreign national loans are built for buyers without permanent residency. A valid passport and visa are the starting point.

Question 2

What visa types do lenders accept?

Accepted Answer

Most lenders accept B1/B2, E, L, and O visas. H-1B holders often qualify too. Each lender has its own approved visa list.

Question 3

How much do I need to put down?

Accepted Answer

Expect 25% minimum. Rural or non-warrantable properties in Butte County may push that to 30%. Rates vary by borrower profile and market conditions.

Question 4

Do I need a US bank account?

Accepted Answer

Not always — but having one helps. Lenders want to verify reserves. A US account makes that verification faster and cleaner.

Question 5

Can a foreign national buy farmland in Gridley?

Accepted Answer

Loan eligibility depends on the lender and property type. Many foreign national programs limit financing to residential, not agricultural, parcels.

Question 6

Are foreign national loan rates higher than conventional?

Accepted Answer

Yes, typically. These are non-QM loans with more risk layering. Rates vary by borrower profile and market conditions.

Foreign National Loans in Gridley, CA