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Loma Linda draws international buyers for one reason above all others: Loma Linda University Medical Center. Foreign physicians, researchers, and medical professionals regularly look to buy here.
Foreign national loans exist outside conventional guidelines. No US credit history. No Social Security number. No problem — if you know which lenders actually do these deals.
30–40%
Min Down Payment
Not Required
US Credit Required
12–24 Months
Asset Seasoning
Above Conventional
Rate Type
Non-QM / Portfolio
Loan Category
Most lenders want 30% down minimum. Some require 35-40%. The larger down payment offsets the risk of lending to someone without a US credit profile.
You'll need a valid passport, visa documentation, and proof of foreign income or assets. Some lenders accept a foreign credit report. Others use bank statements or asset verification instead.
Your local bank won't do this loan. Big retail banks almost never touch foreign national programs. This is a wholesale and portfolio lender product.
As of March 2026, Bankrate's lender survey shows mortgage rates at 6.27%. Foreign national rates run higher than that. Rates vary by borrower profile and market conditions.
The biggest deal-killer I see? Buyers assuming their foreign bank letter is enough. Lenders want 12-24 months of seasoned assets — not a balance snapshot from last Tuesday.
Entity purchases are common with foreign national buyers. Buying through an LLC or foreign corporation adds steps. Get this sorted before you write an offer, not after.
If you have an ITIN, you may qualify for an ITIN loan instead. Those programs often have softer down payment requirements and more lender options than pure foreign national programs.
DSCR loans are another route for investment purchases. If the Loma Linda property generates rental income, the debt-service coverage ratio — not your income — qualifies the loan.
San Bernardino County has no special foreign national restrictions beyond state and federal rules. But the Loma Linda market is tight near the medical campus. Properties move fast.
International buyers here typically target single-family homes near LLUMC for personal use or long-term rental. Both strategies work — but they require different loan structures.
Yes. Foreign national loans don't require US credit history. Lenders use your passport, visa, foreign income docs, and asset statements instead.
Most lenders accept B1/B2, E, L, O, and H visas. Some programs also work for buyers with no US visa — purely foreign nationals purchasing investment property.
Expect 30% minimum. Some lenders require 35-40% depending on your visa type, income documentation, and property use.
Yes, but not all lenders allow it. Entity purchases require additional underwriting. Confirm lender approval before structuring your purchase this way.
Yes. These are non-QM portfolio loans. Rates run above conventional benchmarks. Rates vary by borrower profile and market conditions.
The medical campus increases buyer competition, not loan rules. Moving quickly matters — have your docs ready before you make an offer.
Foreign National Loans in Loma Linda