Question 1

Can I use foreign income to qualify?

Accepted Answer

Yes, lenders accept foreign employment income with proper documentation. Most require verification through international employment services and translated bank statements.

Question 2

Do I need to visit the US to close?

Accepted Answer

Not always. Many lenders allow remote closing with notarized documents from US embassies abroad. Your escrow officer coordinates the signing process.

Question 3

What documentation proves foreign assets?

Accepted Answer

Bank statements from your home country, investment account summaries, and asset letters from recognized financial institutions. Documents require certified English translation.

Question 4

How do property taxes work for non-residents?

Accepted Answer

You pay the same county and local taxes as US citizens. FIRPTA withholding applies if you later sell, requiring tax planning with an international CPA.

Question 5

Can I refinance later with a foreign national loan?

Accepted Answer

Yes, once you own the property. Some buyers refinance into conventional loans after obtaining permanent residency or building US credit history over time.

Question 6

What visa types work for primary residence loans?

Accepted Answer

Most work visas qualify, including H-1B, L-1, and E-2. Tourist visas typically limit you to investment property purchases with higher down payments.

Foreign National Loans in Woodside — Financing Elite Properties Without US Credit