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Foreign National Loans in Hillsborough
Can I get a foreign national loan without a US credit history?
Yes. Foreign national loans are built for borrowers without US credit. Lenders verify income and assets from your home country instead, using bank statements and employment letters.
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Hillsborough's median home price sits at $6,500,000, with 28 active listings on the market. Price per square foot is $1,770/sq ft. Foreign nationals buying here need documentation that proves income and assets from outside the US.
The San Mateo Planning Commission recently backed Bespoke, a mixed-use development downtown with commercial space and affordable housing. That kind of local investment supports long-term property values for buyers in the area.
$6,500,000
Median home price
600
Minimum credit score
50.49%
Maximum DTI ratio
20%
Down payment minimum
$100K–$1.5M
Loan range
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Foreign national loans require a minimum 600 representative credit score for a primary residence. You'll also need a maximum 50.49 percent total debt-to-income ratio and a combined loan-to-value ratio of 80 percent or less.
Loan amounts range from $100,000 to $1,500,000 for a primary residence, and you can finance up to 4 units. The program accepts foreign assets, bank statements and income documentation that doesn't rely on a US credit history or tax returns.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Hillsborough.
Hillsborough's median home price sits at $6,500,000, with 28 active listings on the market. Price per square foot is $1,770/sq ft. Foreign nationals buying here need documentation that proves income and assets from outside the US.
The San Mateo Planning Commission recently backed Bespoke, a mixed-use development downtown with commercial space and affordable housing. That kind of local investment supports long-term property values for buyers in the area.
Foreign national loans require a minimum 600 representative credit score for a primary residence. You'll also need a maximum 50.49 percent total debt-to-income ratio and a combined loan-to-value ratio of 80 percent or less.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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Foreign national lending is a specialized niche. Fewer lenders write this product than conventional or FHA, and underwriting focuses on foreign assets and income documentation.
Documentation carries more weight than credit score. Lenders want bank statements, proof of funds, employment letters and asset verification from your home country. SRK CAPITAL closes foreign national loans in 17 to 21 days, or 10 days when expedited.
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Foreign national loans make sense in Hillsborough when you have substantial foreign assets and a down payment of 20 percent or more. At $6,500,000 median price, that's a significant commitment.
The 50.49 percent debt-to-income cap is tighter than conventional. If your foreign income is modest relative to the loan size, you may need to show additional reserves or tap investment accounts to clear underwriting.
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Conventional loans require a US credit history and W-2 income, which foreign nationals don't have. Foreign national loans skip that requirement and accept foreign assets instead—but they carry a 20 percent down payment minimum and tighter debt-to-income rules.
Conventional financing is faster to close and has more lenders competing for your business. Foreign national loans are slower and more documentation-heavy, but they're the only path for buyers without US credit or residency.
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The San Mateo Union High School District recently approved a cellphone ban during the entire school day, signaling a focus on student engagement and learning. That kind of policy matters if you're buying in Hillsborough for family stability.
Pillar Point Harbor is adding two new restaurants following a previous tenant dispute. Waterfront dining and recreation are part of what makes the area attractive to international buyers looking for lifestyle alongside real estate.
FAQ
Yes. Foreign national loans are built for borrowers without US credit. Lenders verify income and assets from your home country instead, using bank statements and employment letters.
A minimum 20 percent down payment (80 percent maximum combined loan-to-value). On a $6,500,000 median home, that's $1,300,000 down.
Up to $1,500,000 for a primary residence. You can finance up to 4 units under this program.
SRK CAPITAL closes foreign national loans in 17 to 21 days, or 10 days when expedited. The timeline depends on how quickly you can verify foreign assets and income.
No. Foreign national loans don't require US residency. You need substantial foreign assets, a down payment of 20 percent or more, and documentation proving your income and funds.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in San Mateo County
Our team of licensed mortgage brokers works San Mateo County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including San Mateo County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.