Question 1

Can I get a foreign national loan without visiting the U.S.?

Accepted Answer

Yes, we handle remote closings regularly. You'll need a U.S. address for property management and mail, but can close from your home country with proper notarization.

Question 2

What documentation do I need from my home country?

Accepted Answer

Bank statements covering 12-24 months, proof of income like pay stubs or business records, and a valid passport. Some lenders want documents translated to English by certified translators.

Question 3

Do foreign national loans have prepayment penalties?

Accepted Answer

Many do, typically 3-5 years. Portfolio lenders use these to protect their investment since they hold the loan instead of selling it.

Question 4

Can I refinance a foreign national loan later?

Accepted Answer

Yes, once you build U.S. credit or get permanent residency. Refinancing to conventional terms typically saves 1-2% on your rate.

Question 5

How do lenders verify income from other countries?

Accepted Answer

Through bank statements showing deposits, employer letters, business financials, or tax returns from your home country. Requirements vary by lender and your specific situation.

Foreign National Loans in Brentwood: Property Financing Without U.S. Citizenship