Question 1

Can I get a foreign national loan without visiting the United States?

Accepted Answer

Yes. Most lenders handle the entire process remotely using notary services in your country. Plan for international wire transfers and apostilled documentation.

Question 2

What down payment do foreign nationals need in Belmont?

Accepted Answer

Most lenders require 30-40% down. Investment properties sometimes need less than primary residences due to simpler occupancy verification.

Question 3

Which countries have the easiest approval process?

Accepted Answer

Canada, UK, and Western Europe typically move fastest due to established banking systems. China, India, and Mexico require more documentation translation.

Question 4

Do foreign national loans require U.S. credit history?

Accepted Answer

No. Lenders use credit reports from your home country or underwrite without scores when foreign credit isn't available.

Question 5

Can I refinance a foreign national purchase loan later?

Accepted Answer

Yes. You can refinance into another foreign national loan or transition to conventional financing once you establish U.S. residency and credit.

Foreign National Loans in Belmont: Financing Without U.S. Citizenship or Credit