Question 1

Can I get a mortgage in Covina without a U.S. Social Security number?

Accepted Answer

Yes, foreign national loans are designed for non-U.S. citizens without Social Security numbers. You'll need a valid passport and visa instead of traditional U.S. identification.

Question 2

What down payment do foreign nationals need for Covina properties?

Accepted Answer

Most foreign national loan programs require 20-40% down payment. Larger down payments typically secure better terms and demonstrate strong financial capacity to lenders.

Question 3

How long does foreign national loan approval take in Covina?

Accepted Answer

Expect 45-60 days for foreign national loans due to international document verification. Starting early and having organized financial records helps expedite the process.

Question 4

Can foreign nationals buy investment properties in Covina?

Accepted Answer

Absolutely, foreign national loans work for both investment properties and vacation homes. Many international buyers choose Covina specifically for rental property investments.

Question 5

Do I need U.S. credit history for a foreign national loan?

Accepted Answer

No U.S. credit history is required for foreign national mortgages. Lenders evaluate your international financial documents and assets instead of U.S. credit scores.

Foreign National Loans in Covina: Financing for Non-U.S. Citizens