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Truckee draws international buyers for good reason. Lake Tahoe access, year-round mountain recreation, and a tight housing supply make it a serious second-home market.
Foreign nationals can own property here. The loan programs exist — they just require a different approach than standard US financing.
30%+
Min Down Payment
12 months
Reserves Required
Not required
US Credit Score
45–60 days
Typical Close Time
Foreign National Loans in Truckee
You do not need a US credit score or Social Security number. Lenders use foreign credit references, bank statements, and asset documentation instead.
Most foreign national programs require 30% down or more. Expect reserves of 12 months minimum. Loan amounts vary by lender and property type.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Truckee.
Truckee draws international buyers for good reason. Lake Tahoe access, year-round mountain recreation, and a tight housing supply make it a serious second-home market.
Foreign nationals can own property here. The loan programs exist — they just require a different approach than standard US financing.
You do not need a US credit score or Social Security number. Lenders use foreign credit references, bank statements, and asset documentation instead.
Major US banks rarely touch foreign national loans. This market lives in the wholesale and private lending space — which is exactly where we operate.
We work with 200+ wholesale lenders. A handful specialize in foreign national programs. Matching you to the right one matters more than the rate headline.
Documentation is where deals fall apart. Get your foreign bank statements translated and notarized before you start shopping. Lenders will ask for them.
Truckee properties often fall into second-home or investment buckets. That classification changes your rate and required reserves. Know which applies before you apply.
ITIN loans are similar but built for borrowers with US tax history. If you file US taxes, ITIN may offer better terms than a pure foreign national program.
DSCR loans skip income docs entirely and qualify based on rental income. If you plan to rent the property, that program may fit better than foreign national.
Nevada County has strict short-term rental regulations. If you plan to list on Airbnb, verify local permits before closing — it affects how lenders classify the property.
Truckee sits at elevation. Some lenders add overlays for mountain properties. Insurance costs run higher here too, which factors into your debt-to-income calculation.
Some lenders allow purchases on a tourist visa. Others require a longer-term visa. Program rules vary, so lender selection matters.
Not always. Foreign bank statements work for most programs. Some lenders prefer funds moved to a US account before closing.
Foreign credit references, bank statements, and asset letters are standard. A US credit score is not required for these programs.
Yes, but the rental classification changes your loan terms. A DSCR loan may actually be a stronger fit for investment rental use.
Expect 45 to 60 days minimum. Document translation and international wire transfers add time. Plan accordingly.
Yes. These are non-QM programs and priced above conventional rates. Rates vary by borrower profile and market conditions.