Question 1

Can I buy in Wasco without a US credit score?

Accepted Answer

Yes. Lenders use foreign credit reports or bank statements instead. A US credit history is not required for foreign national loans.

Question 2

What visa types are acceptable?

Accepted Answer

Most lenders accept B1, B2, and other non-immigrant visas. Requirements vary — we match you to lenders that fit your visa type.

Question 3

How much do I need to put down?

Accepted Answer

Most foreign national programs require 25–30% down. Higher down payments can improve your rate. Rates vary by borrower profile and market conditions.

Question 4

Can I use rental income from the Wasco property to qualify?

Accepted Answer

Yes, through a DSCR loan structure. The property's rental income drives approval — your personal income docs aren't required.

Question 5

Do I need a US bank account?

Accepted Answer

Not always, but most lenders want to source your down payment funds. Foreign bank statements work if properly translated and documented.

Question 6

Is Wasco a good market for foreign national investors?

Accepted Answer

Lower entry prices and agricultural demand support steady rental activity. It suits a long-term buy-and-hold approach more than a quick flip.

Foreign National Loans in Wasco, CA