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San Clemente draws international buyers for good reason. Coastal access, mild weather, and proximity to both LA and San Diego make it a serious target for foreign investment.
Foreign national loans fill a real gap here. Non-US citizens can't use conventional financing — these programs exist specifically for that buyer profile.
30–35%
Min Down Payment
30–45 Days
Typical Close Time
No
US Credit Required
12 Months
Reserves Required
Non-QM
Loan Category
Foreign National Loans in San Clemente
Most lenders want 30% down minimum for foreign nationals. Some go to 35% depending on the country of origin and asset documentation.
You'll need a valid passport, proof of foreign income, and reserve funds — typically 12 months of payments held in a verifiable account.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in San Clemente.
San Clemente draws international buyers for good reason. Coastal access, mild weather, and proximity to both LA and San Diego make it a serious target for foreign investment.
Foreign national loans fill a real gap here. Non-US citizens can't use conventional financing — these programs exist specifically for that buyer profile.
Most lenders want 30% down minimum for foreign nationals. Some go to 35% depending on the country of origin and asset documentation.
Most retail banks won't touch foreign national loans. This is a non-QM product — non-traditional — and it lives in the wholesale and private lending space.
At SRK CAPITAL, we work with 200+ wholesale lenders. That means we can shop this loan type across the few lenders who actually do it well.
The biggest deal-killer I see: buyers who show up without a proper reserve account. Lenders need to see liquid assets in a verifiable institution.
Currency conversion matters too. Some lenders want funds already in a US account. Others will accept foreign accounts with proper documentation. Know this before you apply.
If you have an ITIN number, an ITIN loan may give you better terms than a foreign national product. It's worth checking both.
DSCR loans are another angle for investment purchases. If the property cash-flows, income documentation matters less — and that works well for foreign buyers.
San Clemente's beach-close properties attract buyers from Mexico, Europe, and Asia. This isn't a niche edge case — it's a consistent deal type in this market.
Condo and HOA properties need extra attention. Foreign national lenders are already cautious. A non-warrantable condo adds another layer of complexity.
Yes. Foreign national loans don't require US credit history. Lenders use passport, foreign income docs, and reserves instead.
Single-family homes and warrantable condos work best. Non-warrantable condos and mixed-use properties are harder to finance.
Expect 30–35% down. Some lenders go higher depending on country of origin and asset documentation.
Yes. Investment and vacation use are both allowed. Rental income may or may not count depending on the lender.
Not always. Some lenders accept foreign accounts with proper statements. A US account does simplify the process significantly.
Foreign national loans typically take 30–45 days. Document translation and verification add time — start early.