Question 1

Can I buy in Victorville on a tourist visa?

Accepted Answer

Yes. U.S. law allows foreign nationals to own property on any visa. Your visa type affects lender eligibility, not legal ownership rights.

Question 2

How much do I need to put down?

Accepted Answer

Most foreign national programs require 25-30% down. Some lenders push to 35% depending on your country of origin and documentation.

Question 3

Do I need a U.S. bank account?

Accepted Answer

You'll need one by closing for wire transfers. Many lenders also require reserves held in a U.S. account for at least 60 days.

Question 4

Can I rent the property out?

Accepted Answer

Yes, and many foreign buyers in Victorville do exactly that. A DSCR loan may actually be a better fit if rental income is your primary goal.

Question 5

How long does this loan take to close?

Accepted Answer

Plan for 30-45 days minimum. International wire documentation and overseas asset verification add time compared to standard loans.

Foreign National Loans in Victorville, CA