Question 1

Can I buy in Capitola without a US credit score?

Accepted Answer

Yes. Lenders accept international credit references or larger reserves. Expect a higher down payment requirement without US credit history.

Question 2

What visa types are accepted?

Accepted Answer

B1/B2, E, H, L, O, and other non-immigrant visas are commonly accepted. Requirements vary by lender — this is where shopping programs matters.

Question 3

How much do I need to put down in Capitola?

Accepted Answer

Most foreign national programs require 30-40% down. Higher reserves can sometimes offset a thinner credit profile.

Question 4

Can I use rental income from the Capitola property to qualify?

Accepted Answer

A DSCR loan lets the property's rental income do the qualifying. That sidesteps foreign income documentation entirely.

Question 5

How long does a foreign national loan take to close?

Accepted Answer

Plan for 30-45 days minimum. International fund transfers and document verification add time — start early.

Question 6

Do I need to be present in the US to close?

Accepted Answer

Not always. Some lenders allow remote notary or power of attorney closings. Confirm this with your lender before you're under contract.

Foreign National Loans in Capitola, CA