Question 1

Can I get a foreign national loan in Seaside without a US bank account?

Accepted Answer

Some lenders allow foreign bank statements. A US account helps but isn't always required.

Question 2

What visa types qualify for foreign national loans?

Accepted Answer

Most work visas qualify. Tourist and B-2 visas face tighter restrictions and higher down payment requirements.

Question 3

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

Accepted Answer

Some lenders allow projected rental income. A DSCR loan may be a cleaner fit for investment purchases.

Question 4

How long does closing take for a foreign national loan?

Accepted Answer

Expect 30–45 days. Document verification from foreign sources adds time — start gathering paperwork early.

Question 5

Do foreign national loan rates differ from conventional rates?

Accepted Answer

Yes. Rates are higher due to added risk. Rates vary by borrower profile and market conditions.

Question 6

Is a US appraisal required for a Seaside property purchase?

Accepted Answer

Yes. All lenders require a US-standard appraisal regardless of the borrower's country of origin.

Foreign National Loans in Seaside, CA