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Grass Valley attracts buyers from outside the US — retirees, investors, and remote workers who want California foothold without permanent residency.
Foreign national loans make that possible. No US credit history required. No Social Security number needed.
30–40%
Min Down Payment
No
US Credit Required
Non-QM
Loan Category
30–45 days
Typical Close Time
Foreign National Loans in Grass Valley
Most lenders want 30-40% down from foreign nationals. That higher down payment replaces the credit profile US borrowers bring.
You'll need a valid passport, visa documentation, and proof of foreign income or assets. Bank statements from your home country work.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Grass Valley.
Grass Valley attracts buyers from outside the US — retirees, investors, and remote workers who want California foothold without permanent residency.
Foreign national loans make that possible. No US credit history required. No Social Security number needed.
Most lenders want 30-40% down from foreign nationals. That higher down payment replaces the credit profile US borrowers bring.
Retail banks almost never do foreign national loans. This is a non-QM product — it lives in the wholesale and private lending world.
At SRK CAPITAL, we work with 200+ wholesale lenders. A handful specialize in foreign national programs. We know which ones price this product fairly.
The biggest deal-killer is documentation. Foreign income docs need translation and sometimes a CPA letter. Start gathering those early.
Rates on foreign national loans run higher than conventional — expect a meaningful premium. Rates vary by borrower profile and market conditions.
If you have a US taxpayer ID but no Social Security number, an ITIN loan may price better than a foreign national product.
Already own US property and want to leverage rental income? A DSCR loan could work — it qualifies on property cash flow, not your personal income.
Grass Valley is a smaller market. Properties here are primarily single-family homes — the type most foreign national lenders prefer to finance.
Nevada County has no foreign buyer restrictions. Title and escrow processes are standard California, which helps keep transactions clean.
Yes. Foreign national loans don't require US credit history. Lenders qualify you on down payment size, foreign income, and assets.
Most programs accept B1/B2, E, L, O, and other non-immigrant visas. Each lender has its own approved visa list — we'll match you to the right one.
Plan on 30-40% down. Some lenders require more depending on property type and your country of origin.
Some programs allow projected rental income. A DSCR loan may actually be a cleaner option if you're buying as an investment.
Expect 30-45 days minimum. Document translation and lender review of foreign income sources adds time compared to standard loans.
Yes, materially higher. Lenders price in the added risk. Rates vary by borrower profile and market conditions.