Question 1

Can a Mexican citizen buy property in Calexico?

Accepted Answer

Yes. Foreign national loans are designed for exactly this. You'll need a passport, foreign bank statements, and typically 30-40% down.

Question 2

Do I need a US credit score to qualify?

Accepted Answer

No. Foreign national lenders use alternative credit — foreign bank statements and payment history from your home country.

Question 3

Can I use a property in Calexico as a rental?

Accepted Answer

Yes. Investment purchases are common. A DSCR loan may also work and sometimes offers better terms for rental properties.

Question 4

How much do I need for a down payment?

Accepted Answer

Plan for 30-40% down at minimum. Some lenders require more depending on your documentation and country of origin.

Question 5

Can I get a foreign national loan without a US bank account?

Accepted Answer

Some lenders allow it. You'll use foreign bank statements instead. Having a US account does improve your options.

Question 6

What's the difference between a foreign national loan and an ITIN loan?

Accepted Answer

ITIN loans require a US taxpayer ID and US income history. Foreign national loans have no such requirement — but rates and down payments are higher.

Foreign National Loans in Calexico, CA