Question 1

Can I buy a home in Chino without a US credit score?

Accepted Answer

Yes. Foreign national loans are built for borrowers with no US credit file. Lenders use foreign credit reports, assets, or income docs instead.

Question 2

What visa types qualify for foreign national loans?

Accepted Answer

E-2, L-1, and H-1B visas work with most lenders. Tourist and B-series visas face more restrictions — ask your broker before applying.

Question 3

How much do I need to put down in Chino?

Accepted Answer

Plan on 30–40% down for most foreign national programs. Higher down payments reduce lender risk when US credit history is absent.

Question 4

Can I use rental income from a Chino property to qualify?

Accepted Answer

Some programs allow projected rental income. A DSCR loan may be a cleaner path if you're buying an investment property.

Question 5

Do I need to be in the US to close the loan?

Accepted Answer

Not always. Some lenders allow remote closings with a power of attorney. Confirm this with your broker early in the process.

Question 6

Are foreign national loan rates higher than conventional rates?

Accepted Answer

Yes, typically. Non-QM programs carry higher rates due to added lender risk. Rates vary by borrower profile and market conditions.

Foreign National Loans in Chino, CA