Question 1

Can I get a foreign national loan without visiting the United States?

Accepted Answer

Many lenders allow remote closings, though some require in-person signing. You can often complete the entire process from abroad using couriers, notaries, and power of attorney arrangements.

Question 2

What interest rates should I expect on a Moraga foreign national loan?

Accepted Answer

Rates vary by borrower profile and market conditions, typically running 1-3 percentage points above conventional rates. Your down payment size and financial strength significantly impact the rate you receive.

Question 3

Do I need US credit history for a foreign national loan?

Accepted Answer

No US credit history is required. Lenders evaluate your international credit reports, bank statements, and asset documentation to assess your financial profile and creditworthiness.

Question 4

Can I rent out my Moraga property purchased with a foreign national loan?

Accepted Answer

Yes, most foreign national loans allow investment properties. Rental income can sometimes help you qualify, and Moraga's strong rental market appeals to many international investors.

Question 5

How long does foreign national loan approval take in Moraga?

Accepted Answer

Expect 45-60 days for closing, longer than conventional loans. International documentation verification and additional due diligence extend timelines, so plan accordingly when making offers.

Foreign National Loans in Moraga: Your Path to California Real Estate Ownership