Question 1

Can I buy in Hesperia on a tourist visa?

Accepted Answer

Yes, B-1/B-2 visa holders can purchase property. Expect higher down payments and tighter reserve requirements than other visa types.

Question 2

Do I need a US Social Security number to apply?

Accepted Answer

No. Foreign national loans don't require an SSN. Lenders use your passport, visa, and foreign financial documents instead.

Question 3

Can I use foreign income to qualify?

Accepted Answer

Yes. Most foreign national programs accept documented foreign income. You'll need translated statements and possibly a CPA letter.

Question 4

What down payment should I plan for in Hesperia?

Accepted Answer

Plan for at least 25-30% down. Some lenders require 40% depending on visa type and loan size. Rates vary by borrower profile and market conditions.

Question 5

Can a foreign national buy a rental property in Hesperia?

Accepted Answer

Yes. A DSCR loan may actually work better for that purpose. It qualifies based on the property's rental income, not your personal income.

Foreign National Loans in Hesperia, CA