Question 1

Can a foreign national buy property in Susanville?

Accepted Answer

Yes. There are no federal restrictions on foreign nationals buying US real estate. You'll need a non-QM loan, not a conventional or FHA product.

Question 2

Do I need a US bank account to qualify?

Accepted Answer

Most lenders require one for closing and reserves. Open a US account early — it also helps document your fund transfers cleanly.

Question 3

What visa types are eligible?

Accepted Answer

Most non-immigrant visas qualify, including B-1/B-2, E-2, and L-1. Each visa class has different lender guidelines. Confirm yours before applying.

Question 4

How much do I need to put down?

Accepted Answer

Expect 30% minimum for most foreign national programs. Some lenders require 35-40% for rural or non-warrantable properties like those common in Lassen County.

Question 5

Can I buy through an LLC as a foreign national?

Accepted Answer

Some non-QM lenders allow entity purchases. Requirements vary widely — disclosure of all members and their nationality is typically required.

Question 6

Are foreign national loans more expensive than conventional loans?

Accepted Answer

Yes. Rates are higher and fees are greater. You're outside the agency system entirely. Rates vary by borrower profile and market conditions.

Foreign National Loans in Susanville, CA