Question 1

Can I buy in Avenal without a US credit score?

Accepted Answer

Yes. Many foreign national lenders accept alternative credit references. A larger down payment strengthens your file significantly.

Question 2

What visa types do lenders accept?

Accepted Answer

E, L, H-1B, and O visa holders have the most options. Tourist visa holders face tighter restrictions and fewer lenders.

Question 3

How much do I need to put down?

Accepted Answer

Expect 25-30% minimum for most foreign national programs. Some lenders require more depending on visa type and documentation.

Question 4

Do I need a US bank account to qualify?

Accepted Answer

Not always. Many lenders accept foreign bank statements. Funds must be documented and verified before closing.

Question 5

Can I rent out the property after buying?

Accepted Answer

Yes. A DSCR loan may actually be a better fit for a rental purchase. SRK CAPITAL can compare both options for you.

Foreign National Loans in Avenal, CA