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Kerman sits in Fresno County's agricultural belt, where foreign nationals often buy property for family, investment, or business operations. These loans don't require US citizenship or permanent residency.
Most Kerman properties qualify for foreign national financing, though lenders scrutinize down payment sources and international income documentation more closely than traditional loans.
Foreign National Loans in Kerman
You need 30-35% down payment minimum. Some lenders require 40% for investment properties or borrowers from certain countries.
Valid passport, visa documentation, and proof of international income are mandatory. Lenders accept bank statements, employment letters, or tax returns from your home country.
Credit history from your home country works if it's verifiable. US credit isn't required, though it helps if you have it.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Kerman.
Kerman sits in Fresno County's agricultural belt, where foreign nationals often buy property for family, investment, or business operations. These loans don't require US citizenship or permanent residency.
Most Kerman properties qualify for foreign national financing, though lenders scrutinize down payment sources and international income documentation more closely than traditional loans.
You need 30-35% down payment minimum. Some lenders require 40% for investment properties or borrowers from certain countries.
Only specialized non-QM lenders offer foreign national programs. Traditional banks won't touch these deals regardless of your financial strength.
Each lender has different country restrictions and documentation requirements. Some won't lend to nationals from specific regions while others focus on those markets.
Expect rates 1.5-3% higher than conventional loans as of February 2026. The premium reflects currency risk and international verification complexity.
Kerman deals often involve agricultural property for farming operations or family business expansion. These scenarios actually strengthen your application when documented properly.
Wire transfer documentation becomes critical. Lenders need clear paper trails showing funds moved legally from your home country to the US.
Formation of a US LLC before closing can simplify future property management and tax reporting, though it's not required for loan approval.
ITIN loans require US tax filing history that foreign nationals often don't have. Foreign national loans skip that requirement entirely.
DSCR loans work when you're buying rental property and can prove the rent covers the mortgage. They don't care about your personal income source or citizenship.
Asset depletion loans qualify you based on bank account balances rather than employment. That works for wealthy foreign nationals with liquid assets but no traditional income documentation.
Kerman's agricultural economy attracts international buyers who understand farming operations. That local knowledge can strengthen loan applications when documented.
Fresno County appraisers are familiar with foreign national transactions, which prevents valuation delays common in areas where these loans are rare.
Property insurance costs the same regardless of citizenship. Title companies in Kerman handle foreign national closings without issue.
Yes, remote closings work through power of attorney. You'll need a US-based representative to handle closing documents and property inspections.
Restrictions change based on international sanctions and lender risk policies. We identify lenders accepting your nationality before starting the application.
Not for approval, but you'll need one to make mortgage payments. Most foreign nationals open accounts during escrow before closing.
They use employment letters, foreign tax returns, and bank statements showing consistent deposits. Translation to English is required with certified translator credentials.
Yes, though expect higher down payments around 35-40%. Rental income projections don't offset the requirement for international income verification.