Question 1

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

Accepted Answer

Yes, you can purchase remotely through power of attorney. Most lenders allow remote online notarization for closings.

Question 2

What down payment do I need for a Parlier investment property?

Accepted Answer

Expect 30-40% down minimum. Some lenders go to 35% LTV maximum for properties under $300k in rural areas.

Question 3

Do I pay US taxes on rental income from my Parlier property?

Accepted Answer

Yes, foreign nationals pay 30% withholding on rental income unless you elect FIRPTA exemption. Consult a tax advisor on treaty benefits.

Question 4

How long does foreign national loan approval take?

Accepted Answer

Plan for 45-60 days from application to closing. International document verification and translation adds 2-3 weeks versus domestic loans.

Question 5

Can I use foreign income to qualify?

Accepted Answer

Yes, lenders accept income from your home country. You'll need bank statements, tax returns, or employer letters translated to English by certified translators.

Foreign National Loans in Parlier: Purchase California Property Without US Citizenship