Question 1

Can I get a Foreign National loan on an H-1B visa?

Accepted Answer

Yes. H-1B visa holders are eligible. Some lenders also offer standard conventional loans to H-1B borrowers, so compare your options.

Question 2

Do I need a US credit score to qualify?

Accepted Answer

No. Most foreign national programs allow lenders to use international credit reports or alternative documentation instead.

Question 3

How much do I need to put down in Santa Clara?

Accepted Answer

Plan for 30-40% down. Higher down payments open up more lenders and better pricing. Rates vary by borrower profile and market conditions.

Question 4

Can I buy an investment property with this loan?

Accepted Answer

Yes. Both primary residences and investment properties are eligible. Investment purchases may require additional reserves.

Question 5

How long does closing take for a Foreign National loan?

Accepted Answer

Expect 30-45 days minimum. International income verification and fund sourcing documentation take extra time to process.

Question 6

Is a Foreign National loan the same as an ITIN loan?

Accepted Answer

No. ITIN loans require a US Individual Taxpayer ID number. Foreign National loans do not — they are separate programs with different guidelines.

Foreign National Loans in Santa Clara, CA