Question 1

Can I get a foreign national loan without visiting the US?

Accepted Answer

Yes, but you'll need a US-based attorney for power of attorney at closing. Most lenders allow remote closings with proper legal documentation.

Question 2

Do foreign national loans work for Larkspur condos under $1M?

Accepted Answer

Yes, though some lenders set loan minimums around $500K. Larkspur condos typically exceed that threshold, so most qualify.

Question 3

What interest rate should I expect in Larkspur?

Accepted Answer

Rates vary by borrower profile and market conditions. Expect 1.5-2.5% above conventional rates, currently landing most foreign nationals in the 8-10% range.

Question 4

How much income do I need to document?

Accepted Answer

Most lenders want debt-to-income below 43%. On a $2M Larkspur property with 35% down, you'd need roughly $20K monthly income documented.

Question 5

Can I use rental income from the Larkspur property to qualify?

Accepted Answer

Some programs allow it, but you'll still need 30-40% down. DSCR loans offer better terms if rental income is your primary qualification strategy.

Question 6

Which countries face the most lender restrictions?

Accepted Answer

Restrictions change frequently based on sanctions and lender policy. Nationals from Russia, Iran, and certain other countries face limited options—broker access matters here.

Foreign National Loans in Larkspur: Finance Marin Property Without US Citizenship