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Bell's housing market attracts foreign nationals looking for accessible Los Angeles County real estate without sky-high prices. Most foreign buyers here purchase investment properties, not primary residences.
Traditional lenders won't touch foreign national deals. You need specialized non-QM lenders who underwrite based on property value and down payment, not your visa status.
Foreign National Loans in Bell
You'll need 25-30% down minimum. Some lenders require 35% for non-warrantable condos or properties over $1 million.
Valid passport from your home country. Bank statements showing reserves equal to 6-12 months of payments. No U.S. work visa or residency required.
Credit gets pulled from your home country when possible. If that's not available, lenders underwrite based on asset strength and property cash flow potential.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Bell.
Bell's housing market attracts foreign nationals looking for accessible Los Angeles County real estate without sky-high prices. Most foreign buyers here purchase investment properties, not primary residences.
Traditional lenders won't touch foreign national deals. You need specialized non-QM lenders who underwrite based on property value and down payment, not your visa status.
You'll need 25-30% down minimum. Some lenders require 35% for non-warrantable condos or properties over $1 million.
Maybe 15-20 lenders in our network write foreign national loans. Most require the property to cash flow if it's an investment, which most Bell purchases are.
Rate pricing runs 1.5-2.5% above conventional rates. You're paying for the flexibility of no U.S. documentation and no citizenship requirement.
Some lenders cap at $2 million. Others go higher but tighten down payment and reserve requirements. Geographic restrictions vary by lender.
Most foreign nationals we work with in Bell are buying rental properties or housing for family members already in the U.S. Few buy as vacation homes.
Your biggest advantage as a foreign buyer in Bell: You're competing in a price range many institutional investors ignore. Properties under $700K don't interest Wall Street funds.
Structure matters. Some buyers benefit from purchasing through a U.S. LLC. Others go individual ownership. Tax and legal implications vary by your home country.
ITIN loans work if you have U.S. tax history. Foreign national loans work when you don't. Same lack of credit requirement, but ITIN loans typically price better.
DSCR loans are the domestic equivalent. If the property cash flows, you qualify. Foreign national loans add cross-border complexity but follow similar investment property logic.
Bell sits in a rental-heavy market. Most properties here generate positive cash flow, which helps meet lender requirements for investment properties.
Property values in Bell make the 25-30% down payment more achievable than coastal L.A. markets. You're looking at $150K-$200K down instead of $400K-$500K.
Title companies in L.A. County handle foreign national transactions regularly. Property insurance is straightforward. The infrastructure exists to close these deals smoothly.
Yes. Most lenders handle everything remotely with notarized documents from your home country. You can close without stepping foot in the U.S.
Rates vary by borrower profile and market conditions. Expect 1.5-2.5% above conventional rates, typically landing in the 8-10% range currently.
Not to qualify, but you'll need one to make payments. Most borrowers open a U.S. account during the purchase process.
Yes. Most foreign national loans in Bell are structured as investment property loans from day one. No occupancy requirement exists.
Your loan is in U.S. dollars. Currency fluctuations affect your cost in home currency but not your dollar payment amount.