Question 1

Can I buy in Westmorland without a US credit score?

Accepted Answer

Yes. Many foreign national programs don't require US credit history. Lenders substitute foreign bank statements and asset documentation.

Question 2

What visa types qualify for foreign national loans?

Accepted Answer

B1, B2, and other non-immigrant visas often qualify. Some lenders also work with buyers who have no US visa at all.

Question 3

How much do I need to put down?

Accepted Answer

Plan on 25% minimum. Buyers without US financial history often need 30–40% down to get approved.

Question 4

Can I buy agricultural land in Imperial County as a foreign national?

Accepted Answer

Agricultural land purchases face additional legal scrutiny. Consult a real estate attorney before pursuing this property type.

Question 5

Are foreign national loan rates higher than conventional rates?

Accepted Answer

Yes. These are non-QM products and carry a rate premium. Rates vary by borrower profile and market conditions.

Question 6

Can I use a foreign national loan for a rental property?

Accepted Answer

Yes — investment purchases are common with this program. Some lenders actually prefer rentals over primary residences for foreign buyers.

Foreign National Loans in Westmorland, CA