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Morgan Hill sits in Santa Clara County — one of the most globally connected real estate markets in California. International buyers target this area for its proximity to Silicon Valley tech corridors.
Foreign national loans make U.S. property ownership possible without a Social Security number or U.S. credit history. These are non-QM loans — outside standard agency guidelines.
30–40%
Min Down Payment
Not Required
U.S. Credit Required
Up to 12 Months
Reserves After Close
Non-QM / Portfolio
Loan Category
Yes — at Application
Visa Docs Needed
Foreign National Loans in Morgan Hill
Most lenders want 30–40% down from foreign nationals. Larger down payments reduce lender risk when U.S. credit files don't exist.
You'll need a valid passport, visa documentation, and proof of foreign income or assets. Some lenders also require 12 months of reserves after closing.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Morgan Hill.
Morgan Hill sits in Santa Clara County — one of the most globally connected real estate markets in California. International buyers target this area for its proximity to Silicon Valley tech corridors.
Foreign national loans make U.S. property ownership possible without a Social Security number or U.S. credit history. These are non-QM loans — outside standard agency guidelines.
Most lenders want 30–40% down from foreign nationals. Larger down payments reduce lender risk when U.S. credit files don't exist.
Big banks rarely touch foreign national loans. This product lives almost entirely in the non-QM wholesale space — specialty portfolio lenders who price for the added documentation complexity.
Rate premiums are real on these loans. Rates vary by borrower profile and market conditions, but expect to pay more than a conventional borrower with U.S. credit.
The documentation package here is what kills deals. Get your foreign bank statements translated, your income verified by a CPA, and your visa status confirmed before you start shopping properties.
We work with 200+ wholesale lenders. Foreign national programs vary sharply across them — on down payment minimums, eligible visa types, and reserve requirements. Comparison shopping actually matters here.
If you have an ITIN, you may qualify for an ITIN loan instead. Those programs often have better rates and lower down payment requirements than pure foreign national products.
Investors buying Morgan Hill rentals should also look at DSCR loans. Some DSCR lenders accept foreign nationals when the property cash flow is strong enough to qualify on its own.
Morgan Hill has seen consistent interest from buyers connected to the broader South Bay tech economy. That includes foreign nationals on work visas, investor visas, and those living abroad.
Property values in Santa Clara County run high. A 30–40% down payment on a purchase here is a significant capital commitment. Plan your liquidity carefully before locking in a program.
Yes. Foreign national loans don't require U.S. credit history. Lenders use foreign credit reports, bank statements, or asset documentation instead.
Most programs accept B1, B2, H-1B, L-1, E-2, and EB-5 visa holders. Eligibility varies by lender — visa type is one of the first things we check.
Most foreign national programs require 30–40% down. Higher down payments can sometimes unlock better rates and fewer reserve requirements.
Yes, but it needs to be documented. Most lenders want 1–2 years of foreign tax returns or bank statements, often with a CPA letter.
No. ITIN loans are for borrowers with a U.S. tax ID. Foreign national loans serve buyers with no U.S. tax identity at all — different guidelines, different lenders.
Yes. DSCR loan programs are often a better fit for investment purchases. Qualification is based on rental income, not personal income.