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Redding attracts foreign buyers looking for affordable California real estate. Prices here run well below coastal markets.
Non-US citizens can own property in California. The financing is the hard part — and that's where a Foreign National loan comes in.
Not Required
US Credit Required
30%+
Min Down Payment
Non-QM
Loan Classification
45–60 Days
Est. Close Time
12 Months
Reserves Required
Foreign National Loans in Redding
You don't need a Social Security number or US credit history. Lenders use foreign credit reports, bank statements, or asset documentation instead.
Most programs require 30% down or more. Expect higher reserves too — typically 12 months of payments held in a US or foreign account.
Local decision guide
Use this guide to connect foreign national loans eligibility, lender expectations, and local market factors before comparing payment options in Redding.
Redding attracts foreign buyers looking for affordable California real estate. Prices here run well below coastal markets.
Non-US citizens can own property in California. The financing is the hard part — and that's where a Foreign National loan comes in.
You don't need a Social Security number or US credit history. Lenders use foreign credit reports, bank statements, or asset documentation instead.
Big banks won't touch most Foreign National deals. These loans live in the non-QM wholesale space.
We work with 200+ wholesale lenders — a handful specialize in Foreign National programs. Rates vary significantly between them. Rates vary by borrower profile and market conditions.
The biggest deal-killer we see: no US bank account at application. Open one early. Lenders want to see funds already wired stateside.
Passport, visa documentation, and a foreign credit reference letter from your home bank — have all three ready before you make an offer.
ITIN Loans are worth comparing if you live in the US and have a tax ID. They typically offer better terms than Foreign National programs.
DSCR Loans are another option for investment purchases — income isn't verified at all, just the property's rent income versus the mortgage payment.
Redding sits in Shasta County, far from the coastal metros where most foreign investment concentrates. That means less competition on offers.
Properties here are often used as vacation homes or long-term rentals. Either use case works with a Foreign National loan structure.
Visa requirements vary by lender. Some programs accept buyers on tourist visas. Others require longer-term visas or proof of ties to a home country.
Yes. Most Foreign National programs accept foreign pay stubs, bank statements, or employer letters. Documents usually need certified translation.
Expect at least 30% down. Some lenders require 35-40% depending on visa type and property use.
Yes. Investment properties are common with these programs. Some lenders pair Foreign National guidelines with DSCR underwriting for rentals.
Plan for 45-60 days. Document gathering from overseas and international wire transfers add time compared to a standard purchase.
No US credit score is required. Lenders accept foreign credit reports or a reference letter from your home country bank instead.