Question 1

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

Accepted Answer

Most lenders require you to open a US bank account and sign closing documents in person or through a US embassy. Some allow remote notarization with proper authentication.

Question 2

Do I pay US taxes on rental income from a Huron property?

Accepted Answer

Yes, you must file US tax returns and pay income tax on rental profits. Work with a CPA familiar with non-resident alien tax requirements before closing.

Question 3

What happens if my home country restricts currency transfers?

Accepted Answer

Lenders need proof you can legally move funds for down payment and closing costs. Banking restrictions in your country can delay or prevent loan approval.

Question 4

Are interest rates negotiable on foreign national loans?

Accepted Answer

Larger down payments and strong foreign credit can reduce rates by 0.25-0.50%. Rates vary by borrower profile and market conditions as of February 2026.

Question 5

Can I refinance a foreign national loan later?

Accepted Answer

Yes, but you'll likely need another foreign national program unless you obtain US residency. Conventional refinancing requires permanent resident or citizen status.

Foreign National Loans in Huron: Financing Without US Credit or Residency