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Laguna Beach draws international buyers who want a foothold on the California coast. Foreign national loans make that possible without a U.S. credit history.
These are non-QM loans — outside standard agency guidelines. That means more flexibility, but also stricter down payment and reserve requirements.
30–40%
Min Down Payment
12–24 months
Reserves Required
Not required
U.S. Credit Score
45–60 days
Typical Close Time
Non-QM / Portfolio
Loan Type
Foreign National Loans in Laguna Beach
Most lenders want 30–40% down for foreign nationals. Reserves of 12–24 months of payments are common. Rates vary by borrower profile and market conditions.
You'll need a valid passport, visa documentation, and proof of income from your home country. Some lenders accept a foreign credit reference letter in place of a U.S. credit report.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Laguna Beach.
Laguna Beach draws international buyers who want a foothold on the California coast. Foreign national loans make that possible without a U.S. credit history.
These are non-QM loans — outside standard agency guidelines. That means more flexibility, but also stricter down payment and reserve requirements.
Most lenders want 30–40% down for foreign nationals. Reserves of 12–24 months of payments are common. Rates vary by borrower profile and market conditions.
Very few retail banks do foreign national loans. The ones that do have narrow guidelines and slower timelines. Wholesale lenders are where this product actually lives.
At SRK CAPITAL, we shop across 200+ wholesale lenders. That matters here — foreign national pricing and guidelines vary significantly from lender to lender.
The biggest deal-killer we see: buyers assume their home-country bank statement is enough. It's not. Each lender wants specific formats, translations, and sometimes notarization.
Get your documentation translated and apostilled before you apply. It saves weeks. Laguna Beach sellers won't wait — competition is real even at the luxury price point.
If you have an ITIN number, an ITIN loan may get you better terms than a straight foreign national program. Ask us to run both scenarios.
DSCR loans are another path if you're buying as a rental investment. They qualify on the property's income — not yours. No personal income docs needed.
Laguna Beach prices push into jumbo territory on nearly every deal. Foreign national jumbo guidelines are tighter — expect more scrutiny on reserves and income.
Many purchases here are second homes or investment properties. Lenders treat those occupancy types differently. Second home foreign national loans often carry higher rates.
Yes. Foreign national loans don't require a U.S. credit history. Lenders use your passport, visa, and home-country financial documents instead.
Most lenders accept a wide range of visa types, including B1/B2 tourist visas. Program rules vary — check with us before assuming your visa qualifies.
Expect 30–40% down minimum. Some lenders require more for second homes or high-balance loan amounts. Rates vary by borrower profile and market conditions.
Yes, but the condo project must pass a lender review. Non-warrantable condos add a layer of complexity — not every lender will approve them.
Plan for 45–60 days minimum. Document translation, verification, and lender review all take extra time compared to a standard domestic loan.
Most lenders require reserves held in a U.S. account at closing. Opening one early in the process saves you time when you're ready to apply.