Question 1

Can a foreign national buy property in Montague, CA?

Accepted Answer

Yes. There's no law preventing non-US citizens from owning California real estate. Financing is the challenge, not ownership.

Question 2

What visa types qualify for foreign national loans?

Accepted Answer

Most work visas qualify. Tourist and B-visa holders may face tighter terms or higher down payment requirements depending on the lender.

Question 3

How much do I need to put down?

Accepted Answer

Plan for 25-40% down. Rural properties in Siskiyou County may push lenders toward the higher end of that range.

Question 4

Do I need a US bank account?

Accepted Answer

Not always. Many lenders accept foreign bank statements. Having a US account helps but isn't always required.

Question 5

How long does this loan take to close?

Accepted Answer

Foreign national loans are manually underwritten. Expect 30-45 days minimum, longer if appraisal or title issues arise.

Question 6

Is a foreign national loan the same as an ITIN loan?

Accepted Answer

No. ITIN loans target residents without SSNs. Foreign national loans serve buyers living outside the US — different product, different lenders.

Foreign National Loans in Montague, CA