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Loomis sits in Placer County — one of the most desirable foothill communities in Northern California. Non-US citizens are buying here, and the right loan program makes it possible.
Foreign national loans are non-QM products. That means they fall outside standard Fannie Mae and Freddie Mac guidelines, but lenders still fund them regularly.
Not Required
US Credit Score Required
25–30%
Typical Down Payment
Non-QM
Loan Category
Varies by Profile
Rate Type
Foreign National Loans in Loomis
You do not need a US credit score to qualify. Most lenders accept foreign credit history or use alternative documentation instead.
Expect a larger down payment. Most programs require 25–30% down for foreign nationals. Reserve requirements are also higher than a standard loan.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Loomis.
Loomis sits in Placer County — one of the most desirable foothill communities in Northern California. Non-US citizens are buying here, and the right loan program makes it possible.
Foreign national loans are non-QM products. That means they fall outside standard Fannie Mae and Freddie Mac guidelines, but lenders still fund them regularly.
You do not need a US credit score to qualify. Most lenders accept foreign credit history or use alternative documentation instead.
Most retail banks won't touch foreign national loans. This is a wholesale and private lender product almost exclusively.
We work with 200+ wholesale lenders, and only a subset actively price foreign national programs. Knowing which ones do — and who's competitive right now — is most of the work.
The biggest deal-killers I see: funds held in foreign accounts that can't be documented, and visa types lenders won't accept. Know both before you write an offer.
Some lenders want a US bank account open for 60–90 days before closing. Others accept foreign funds with proper wire documentation. Not every lender works the same way.
If you have a US Individual Taxpayer Identification Number, an ITIN loan may fit better. ITIN programs often have lower down payment requirements than foreign national products.
Investors buying Loomis rental property should also look at DSCR loans. DSCR qualifies on rental income, not personal income — and some programs accept foreign nationals too.
Loomis properties often sit on larger lots with well and septic systems. Some lenders add overlays for rural collateral — that affects which foreign national programs will fund here.
Placer County has no foreign national-specific purchase restrictions. The loan program, not local law, is where the friction lives. Title and escrow teams here are experienced with international buyers.
Yes. Foreign national loans don't require a Social Security number. Lenders use passport and visa documentation instead.
Accepted visa types vary by lender. B-1, B-2, and many work visas qualify, but some lenders have restrictions. We check this upfront.
Most foreign national programs require 25–30% down. Higher down payments can also improve your rate. Rates vary by borrower profile and market conditions.
Many lenders accept foreign-sourced funds with proper documentation. The paper trail matters — your funds need a clear, documented origin.
Not always. Some lenders allow remote closing with a power of attorney. This is worth confirming early — it affects your timeline.
Yes, typically. These are non-QM products and carry more lender risk. Rates vary by borrower profile and market conditions.