Question 1

Do I need a US credit score to qualify?

Accepted Answer

No. Lenders use foreign credit references or alternative documentation. Some programs require no credit score at all.

Question 2

Can I buy in Saratoga on a work visa?

Accepted Answer

Yes. H-1B, L-1, and other visa holders qualify. Your visa type affects which programs are available.

Question 3

How much do I need to put down?

Accepted Answer

Plan for 30-40% down. Higher down payments can offset thinner documentation or shorter US residency history.

Question 4

Can I use foreign income to qualify?

Accepted Answer

Yes, but lenders apply conversion and verification requirements. Foreign pay stubs and bank statements must be translated and certified.

Question 5

Are foreign national loans more expensive than conventional loans?

Accepted Answer

Yes. Rates run higher due to added lender risk. Rates vary by borrower profile and market conditions.

Question 6

Can a foreign national buy as an investment property in Saratoga?

Accepted Answer

Yes. DSCR or foreign national programs both work for investment purchases. Loan structure depends on your goals.

Foreign National Loans in Saratoga, CA