Question 1

Can I get a foreign national loan without visiting the US?

Accepted Answer

Yes, but you need US-based representation for closing. Remote online notarization works in California. Most buyers do initial property search remotely then close via power of attorney.

Question 2

What's the minimum credit score for foreign national loans?

Accepted Answer

US credit scores don't apply — you likely don't have one. Lenders review international credit reports if available. Clean financial history in your home country matters more than numerical scores.

Question 3

Do I need a visa to get a foreign national mortgage?

Accepted Answer

No visa required for purchasing property. Tourist visa works fine for property tours and closing. Property ownership doesn't grant residency rights — those are separate immigration matters.

Question 4

Which countries are restricted from foreign national loans?

Accepted Answer

Sanctioned countries face restrictions — currently Iran, North Korea, Syria, Crimea region. Individual lenders maintain additional restricted lists. Check with your broker for current country eligibility.

Question 5

How long does foreign national loan approval take in Concord?

Accepted Answer

Plan 45-60 days from accepted offer to closing. Document translation and international verification add time. Start gathering bank statements and income proof before house hunting to accelerate timeline.

Foreign National Loans in Concord: Property Access Without US Citizenship