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Bishop sits at the edge of the Eastern Sierra — a small city with serious outdoor appeal. International buyers do show up here for vacation properties and investment land.
Foreign national loans are non-QM products. That means no Fannie Mae or Freddie Mac backing — just portfolio lenders with their own rules.
Not Required
US Credit Required
30–40%
Typical Down Payment
12–24 months PITI
Cash Reserves
Non-QM / Portfolio
Loan Category
Valid Foreign Passport
Key Doc
Foreign National Loans in Bishop
You don't need a Social Security number or US credit history. Lenders verify identity through a valid foreign passport and visa documentation.
Most programs require 30-40% down. Reserves of 12-24 months PITI (principal, interest, taxes, insurance) are standard.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Bishop.
Bishop sits at the edge of the Eastern Sierra — a small city with serious outdoor appeal. International buyers do show up here for vacation properties and investment land.
Foreign national loans are non-QM products. That means no Fannie Mae or Freddie Mac backing — just portfolio lenders with their own rules.
You don't need a Social Security number or US credit history. Lenders verify identity through a valid foreign passport and visa documentation.
Most retail banks won't touch foreign national loans. You need a portfolio lender — one that holds the loan on their own books.
We work with 200+ wholesale lenders at SRK CAPITAL. Several specialize in foreign national programs with competitive terms for California properties.
The biggest deal-killer is documentation. Get a foreign credit report, bank statements translated to English, and proof of income ready early.
Bishop is a small market. Some lenders apply rural overlays — meaning stricter terms for low-population areas. Not every lender will lend here.
If you have a US Individual Taxpayer ID, an ITIN loan may work better. Rates and down payment requirements are often more favorable.
DSCR loans are another option if you plan to rent the property. Those are based on rental income — not personal income at all.
Bishop is in Inyo County — one of the least populated counties in California. Lender appetite for rural markets varies significantly.
Properties near the Eastern Sierra and Owens Valley can carry appraisal risk. Limited comparable sales can slow closings or affect loan amounts.
Most lenders require a valid visa, but specific visa types vary by program. Some programs allow non-resident foreign nationals without a US entry visa.
Yes. Vacation and investment properties are the most common use case for foreign national loans in markets like Bishop.
Expect 30-40% down for most programs. Higher down payments reduce lender risk on non-QM files.
Not all of them. Some portfolio lenders restrict rural markets. Confirm coverage before you get deep into the process.
Expect a valid passport, visa, foreign bank statements, proof of income, and sometimes a foreign credit report — all translated to English.
Yes. ITIN loans are for borrowers with a US taxpayer ID. Foreign national loans are for buyers with no US tax presence at all.