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Point Arena sits on the Mendocino Coast — remote, dramatic, and increasingly attractive to international buyers.
Foreign nationals looking at coastal California often target small towns like this. Low density, scenic value, and relative affordability compared to Southern California drive that interest.
30-40%
Min Down Payment
12 months
Reserves Required
Not required
US Credit Score
30-45 days
Est. Close Time
Foreign National Loans in Point Arena
Foreign national loans don't follow standard Fannie Mae rules. Lenders underwrite differently — expect higher down payments and stricter reserves.
Most programs require 30-40% down. You'll need a valid passport, visa documentation, and 12 months of reserves in a verifiable account.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Point Arena.
Point Arena sits on the Mendocino Coast — remote, dramatic, and increasingly attractive to international buyers.
Foreign nationals looking at coastal California often target small towns like this. Low density, scenic value, and relative affordability compared to Southern California drive that interest.
Foreign national loans don't follow standard Fannie Mae rules. Lenders underwrite differently — expect higher down payments and stricter reserves.
Most retail banks won't touch foreign national loans. This is a non-QM product — meaning it lives in the wholesale and private lending space.
That's exactly where we operate. SRK CAPITAL works with 200+ wholesale lenders, and several specialize in foreign national programs for California coastal properties.
The biggest deal-killer I see: buyers assume their home country income documents translate directly. They don't — lenders want them translated, notarized, and sometimes CPA-verified.
Wire transfer history also matters. Show 60-90 days of international transfers into a US account. That paper trail reassures underwriters more than anything.
ITIN loans are a close alternative if you have a US tax ID but no Social Security number. They often carry slightly better terms than pure foreign national programs.
DSCR loans are another option if you're buying as a rental investment. They underwrite on the property's income, not yours — making foreign income docs almost irrelevant.
Point Arena is a small coastal community in Mendocino County. Properties here are often older, rural, or on large parcels — which adds appraisal complexity for any lender.
Non-QM lenders already accept more property variation than conventional programs. That actually works in your favor here. Just budget extra time for the appraisal process.
Yes. Foreign national programs don't require a US credit history. Lenders use passport, visa, and foreign bank records instead.
Most B1, B2, E, H, L, and O visas qualify. Some lenders accept buyers with no US visa at all, using a foreign passport only.
Not always required, but strongly recommended. A US account with 60-90 days of statements speeds up underwriting significantly.
Yes. Many foreign national buyers on the Mendocino Coast use the property as a short-term rental. Confirm the lender allows it upfront.
Typically 30-45 days, sometimes longer. Document translation and international wire verification add time to the process.
Yes, they run above conventional rates. Rates vary by borrower profile and market conditions — but expect a meaningful premium for this program.