Question 1

Can I buy in Angels Camp without a US credit score?

Accepted Answer

Yes. Foreign national loans are built for exactly that situation. A larger down payment compensates for no US credit history.

Question 2

What visa types qualify for foreign national loans?

Accepted Answer

Most lenders accept B1, B2, and other non-immigrant visas. Some require the visa to be valid for at least 6 months.

Question 3

Can I buy a vacation property or investment property?

Accepted Answer

Yes. Foreign nationals commonly use these loans for second homes and investment properties. Primary residence purchases are less common.

Question 4

How much down payment do I need in Calaveras County?

Accepted Answer

Expect 30–40% down. Rural properties sometimes require more due to limited comps and appraisal risk.

Question 5

Do I need a US bank account to get this loan?

Accepted Answer

Not always, but having one helps. Lenders want to see where closing funds are coming from and verify the money trail.

Question 6

Are foreign national loan rates higher than conventional rates?

Accepted Answer

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

Foreign National Loans in Angels Camp, CA