Question 1

Can I buy in Los Banos without a US credit score?

Accepted Answer

Yes. Most foreign national lenders don't require US credit history. They use your passport, visa, and foreign bank records instead.

Question 2

What visa types are eligible for foreign national loans?

Accepted Answer

Eligibility depends on the lender. B-1, B-2, and other non-immigrant visas often qualify. Confirm with your lender before applying.

Question 3

How much do I need to put down in Los Banos?

Accepted Answer

Plan for at least 30% down. Some lenders require more depending on your country of origin and documentation.

Question 4

Can I finance a rental property as a foreign national?

Accepted Answer

Yes. Foreign national loans can cover investment properties. A DSCR loan may also work once you have US rental income to document.

Question 5

How long does closing take on a foreign national loan?

Accepted Answer

Expect 45-60 days minimum. International wire transfers and document verification add time to the standard timeline.

Question 6

Do I need a US bank account to get this loan?

Accepted Answer

Not always, but it helps. US accounts simplify reserve verification and the closing fund wire process significantly.

Foreign National Loans in Los Banos, CA