Question 1

Can I get a Foreign National loan without visiting the United States?

Accepted Answer

Yes, many lenders complete the entire process remotely using video calls, electronic signatures, and overseas notarization. You can close on property without traveling to California, though visiting helps understand the investment.

Question 2

How long does Foreign National loan approval take in Industry?

Accepted Answer

Expect 45-60 days from application to closing, longer than traditional mortgages. International document verification, translation requirements, and fund transfers add processing time beyond conventional loan timelines.

Question 3

What interest rates should Foreign Nationals expect on Industry properties?

Accepted Answer

Rates vary by borrower profile and market conditions, typically running 1.5-3% higher than conventional mortgages. Larger down payments and stronger asset positions can improve your rate.

Question 4

Do Foreign National loans work for commercial property in Industry?

Accepted Answer

Some lenders offer commercial foreign national financing, but residential investment properties are more commonly financed. Commercial deals typically require larger down payments and shorter loan terms.

Question 5

Can I refinance a Foreign National loan later into conventional financing?

Accepted Answer

If you obtain a green card or citizenship, refinancing into conventional loans becomes possible. This transition can lower your rate significantly and improve long-term investment returns.

Foreign National Loans in Industry, CA: Finance US Property Without Citizenship