Question 1

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

Accepted Answer

Most lenders require in-person closing or US-based power of attorney. Remote online notarization isn't standard for foreign national loans yet. Expect one US trip minimum.

Question 2

What down payment do I need for Fort Bragg property?

Accepted Answer

Foreign national loans typically require 30-40% down. Higher loan amounts or weaker credit profiles push that closer to 40%. Cash reserves beyond down payment are also required.

Question 3

Do lenders check credit in my home country?

Accepted Answer

Some lenders use international credit bureaus for select countries. Others skip credit checks entirely and rely on bank statements and asset verification. Options exist either way.

Question 4

Can I use rental income for qualification in Fort Bragg?

Accepted Answer

Yes, but lenders discount projected rental income heavily. They'll review local rental comps and apply conservative vacancy factors. Existing lease agreements carry more weight than projections.

Question 5

What documents need translation for Fort Bragg loans?

Accepted Answer

Bank statements, employment letters, and business ownership docs require certified English translation. Passport identification pages may need notarization. Requirements vary by lender and origin country.

Question 6

Are interest rates higher for foreign buyers?

Accepted Answer

Yes, expect rates 1-2% above conventional loans. Rates vary by borrower profile and market conditions. Larger down payments sometimes reduce rate premiums slightly.

Foreign National Loans in Fort Bragg: Finance Coastal Property Without US Citizenship