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Banning sits in the San Gorgonio Pass, between Palm Springs and the Inland Empire. It attracts international buyers looking for affordable California real estate.
Foreign national loans are non-QM programs. That means they fall outside standard lending guidelines — and most banks won't touch them.
30% or more
Min Down Payment
12 months typical
Reserves Required
Not required
US Credit Score
60–90 days
Doc Prep Time
Foreign National Loans in Banning
You don't need a US credit history to qualify. Lenders use foreign credit reports, asset statements, or rental income instead.
Most programs require 30% down or more. Reserves of 12 months are common. Expect thorough documentation of your foreign income and assets.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Banning.
Banning sits in the San Gorgonio Pass, between Palm Springs and the Inland Empire. It attracts international buyers looking for affordable California real estate.
Foreign national loans are non-QM programs. That means they fall outside standard lending guidelines — and most banks won't touch them.
You don't need a US credit history to qualify. Lenders use foreign credit reports, asset statements, or rental income instead.
Retail banks rarely offer foreign national programs. Wholesale lenders that specialize in non-QM are where these deals get done.
At SRK CAPITAL, we work with 200+ wholesale lenders. That gives us real options when a foreign national borrower walks in with a strong deal.
The biggest deal-killer we see is incomplete documentation. Foreign bank statements need certified translation. Give yourself extra time.
Some lenders want a US bank account open before closing. Set that up early — it removes a common last-minute obstacle.
ITIN loans work for non-citizens with a US tax ID and some US credit history. Foreign national loans don't require either.
DSCR loans are another option if you're buying as a rental. They qualify on property cash flow, not personal income — and they're available to foreign nationals too.
Banning's price point makes it one of the more accessible California markets for international buyers. Lower purchase prices mean smaller loan amounts and less reserve strain.
Riverside County has no special restrictions on foreign national purchases. Standard California escrow and title processes apply — your broker and escrow officer can walk you through them.
Yes. Foreign national loans don't require US credit history. Lenders use foreign credit reports or asset documentation instead.
Most foreign national programs require at least 30% down. Some lenders go higher depending on the property type.
Yes. Many foreign nationals buy as investment properties. A DSCR loan may also be worth comparing for rental purchases.
Not always. Some lenders allow remote closings with a notary abroad. Confirm this with your lender before you apply.
Expect foreign bank statements, a valid passport, and proof of income. Certified English translations are required for foreign-language documents.