Question 1

Can I get a foreign national loan without U.S. credit?

Accepted Answer

Yes. Lenders use foreign credit reports or bank statements instead. You do not need a U.S. credit score to qualify.

Question 2

How much do I need to put down in Marina?

Accepted Answer

Most foreign national programs require at least 30% down. Some lenders go higher depending on your country of origin.

Question 3

Can I buy a rental property in Marina with this loan?

Accepted Answer

Yes, but a DSCR loan may be a better fit for investment use. Foreign national loans can cover rentals — terms vary by lender.

Question 4

Do I need to be present at closing?

Accepted Answer

Not always. Some lenders allow remote closings or power of attorney. Confirm with your lender before assuming this is an option.

Question 5

How long does the loan process take?

Accepted Answer

Plan for 45 to 60 days. Document translation and international verification add time that domestic loans don't require.

Question 6

What currencies do lenders accept for reserves?

Accepted Answer

Reserves must typically be in U.S. dollars or easily converted. Lenders will want to see funds in a U.S. account before closing.

Foreign National Loans in Marina, CA