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Foster City attracts international buyers who want Silicon Valley access without San Francisco prices. Foreign nationals target this market for proximity to tech campuses and stable property values.
As of February 2026, lenders increasingly accept verified crypto assets as reserves for foreign national loans. This matters in Foster City where international tech workers often hold digital currencies alongside traditional funds.
Foreign National Loans in Foster City
You need a valid passport and 25-40% down depending on the lender. Most require property to be your purchase, not a gift or straw buyer arrangement.
Lenders verify foreign income through bank statements or tax documents from your home country. Some accept crypto assets held in verified wallets as part of your reserve requirement.
Credit history from your home country helps but isn't required. Lenders focus on liquid reserves and down payment source instead of FICO scores.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Foster City.
Foster City attracts international buyers who want Silicon Valley access without San Francisco prices. Foreign nationals target this market for proximity to tech campuses and stable property values.
As of February 2026, lenders increasingly accept verified crypto assets as reserves for foreign national loans. This matters in Foster City where international tech workers often hold digital currencies alongside traditional funds.
You need a valid passport and 25-40% down depending on the lender. Most require property to be your purchase, not a gift or straw buyer arrangement.
Only specialized non-QM lenders offer foreign national programs. We access 15-20 lenders who understand international documentation and don't require SSNs.
Rate differences span 1-2% between lenders on identical profiles. One lender accepts WeChat Pay statements while another requires formal bank letters—shopping matters.
Some lenders cap loan amounts at $2M while others go to $5M+ in Foster City. Your property type and down payment determine which lenders will compete for your deal.
Most foreign buyers lose 0.5% in rate by applying to the wrong lender first. Their bank says yes, quotes 8%, then we find 6.5% with a non-QM specialist.
Foster City condos near Metro Center work well because HOA dues show stable ownership costs. Lenders like that predictability when evaluating foreign buyers.
Expect 45-60 day closings. Foreign documentation takes longer to verify than domestic files, so skip any lender promising 21-day closes on these deals.
ITIN loans require US tax filing history. Foreign national loans don't—you can close 90 days after arriving in the country with no US footprint.
Asset depletion loans work if you have $2M+ sitting in US banks. Foreign national loans let you keep assets overseas and verify them through international statements.
DSCR loans require the property to be investment only. Foreign national loans allow primary residence purchases if you plan to live in Foster City.
Foster City sits in San Mateo County where international buyers represent 15-20% of higher-end purchases. Appraisers and title companies understand foreign transactions here.
Proximity to SFO matters for foreign nationals who travel frequently. Many buyers choose Foster City specifically for the 15-minute airport access.
The city's master-planned layout appeals to international buyers familiar with Singapore or planned communities in Asia. Lagoon properties attract premium interest.
Yes. Many lenders allow remote closing through mobile notaries or US consulates. You need apostilled documents and wire transfer capability for down payment.
Expect 25-30% down for condos as primary residence. Investment condos require 30-40% depending on lender and your reserve position.
Some lenders now accept verified crypto holdings as part of your reserve requirement. They require exchange statements and wallet verification from approved platforms.
Bank statements from your home country showing consistent deposits work for most lenders. Some accept employer letters or foreign tax returns translated to English.
Yes. Investment properties require 30-40% down and stronger reserves. DSCR loans often provide better rates if the property generates rental income.
Lock your exchange rate when you wire funds. Most buyers convert currency 3-5 days before closing to avoid rate fluctuation risk.