Question 1

Can I get a foreign national loan with no US credit score?

Accepted Answer

Yes. Lenders use foreign credit references instead. A letter from your home country bank confirming your credit history is standard.

Question 2

What visa types qualify for this loan?

Accepted Answer

Foreign national loans don't require a US visa at all. They're built for buyers who live and bank outside the United States.

Question 3

How much do I need to put down in Montclair?

Accepted Answer

Plan for at least 30% down. Some lenders require 35% depending on your country of origin and the property type.

Question 4

Can I buy a rental property in Montclair as a foreign national?

Accepted Answer

Yes. Investment purchases are allowed. A DSCR loan may actually be a cleaner fit if the property generates rental income.

Question 5

Do I need a US bank account to qualify?

Accepted Answer

Not always. Many lenders accept foreign bank statements for asset verification. Having a US account helps, but it's not a hard requirement.

Foreign National Loans in Montclair, CA