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Wasco sits in Kern County's agricultural core. Non-US citizens buying here often work in ag-related industries or hold investment property goals.
Foreign national loans are non-QM products. That means no Fannie Mae or Freddie Mac backing — lenders set their own rules.
Not Required
US Credit Score
25–30%
Typical Down Payment
12+ Months
Reserves Required
Non-QM
Loan Category
Foreign National Loans in Wasco
You don't need a US credit score to qualify. Most lenders use foreign credit reports or alternative documentation instead.
Expect a larger down payment — typically 25% to 30%. Lenders offset risk with more equity in the deal.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Wasco.
Wasco sits in Kern County's agricultural core. Non-US citizens buying here often work in ag-related industries or hold investment property goals.
Foreign national loans are non-QM products. That means no Fannie Mae or Freddie Mac backing — lenders set their own rules.
You don't need a US credit score to qualify. Most lenders use foreign credit reports or alternative documentation instead.
Retail banks rarely offer foreign national loans. Most borrowers need a broker with access to specialty wholesale lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize specifically in foreign national programs.
The biggest deal-killer we see: borrowers bring incomplete foreign income docs. Get your translated bank statements ready early.
Some lenders accept DSCR-based underwriting for investment purchases. That removes income documentation entirely — the property cash flow does the qualifying.
If you have an ITIN, you may qualify for an ITIN loan instead. Those programs sometimes offer better terms than full foreign national products.
DSCR loans are another path for investors. If the Wasco property generates rent, the rental income — not your income — drives approval.
Wasco's property values are lower than coastal California. That works in your favor — smaller loan amounts mean less lender scrutiny.
Kern County has active agricultural and industrial employment. Some foreign national buyers here are tied to farm operations or processing facilities.
Yes. Lenders use foreign credit reports or bank statements instead. A US credit history is not required for foreign national loans.
Most lenders accept B1, B2, and other non-immigrant visas. Requirements vary — we match you to lenders that fit your visa type.
Most foreign national programs require 25–30% down. Higher down payments can improve your rate. Rates vary by borrower profile and market conditions.
Yes, through a DSCR loan structure. The property's rental income drives approval — your personal income docs aren't required.
Not always, but most lenders want to source your down payment funds. Foreign bank statements work if properly translated and documented.
Lower entry prices and agricultural demand support steady rental activity. It suits a long-term buy-and-hold approach more than a quick flip.