Question 1

Can I buy in Chester without a US visa?

Accepted Answer

Some lenders allow purchases on a tourist visa. Loan terms and down payment requirements will be stricter in that scenario.

Question 2

Do I need a US bank account to qualify?

Accepted Answer

Not always. Many lenders accept foreign bank statements for reserve verification. Confirm with your lender early.

Question 3

Can I rent out my Chester property as a foreign national?

Accepted Answer

Yes. A DSCR loan may actually work better than a foreign national program if rental income covers the payment.

Question 4

How much down payment do I need?

Accepted Answer

Expect 30% minimum. Some lenders require 35–40% for foreign nationals with no US credit history.

Question 5

Will my foreign income count toward qualification?

Accepted Answer

It can — if it's documented. Lenders want two years of foreign tax returns or employer letters translated into English.

Foreign National Loans in Chester, CA