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Foreign National Loans in Suisun City
Suisun City sits between Sacramento and the Bay Area, making it attractive to foreign investors seeking California exposure without San Francisco pricing. The commute corridor location and military proximity bring steady rental demand.
Foreign nationals typically look at Solano County properties as investment holds rather than primary residences. The pricing spread between here and coastal markets creates solid cash flow opportunities for international buyers.
You need 20-40% down depending on citizenship and property use. Most lenders require 30% minimum for non-resident foreign nationals purchasing in secondary markets like Suisun City.
Your passport, visa status (if applicable), and proof of foreign income qualify you. Credit history from your home country works when U.S. credit doesn't exist. Rates run 1.5-3% above conventional due to perceived risk.
Only about 15-20 lenders in our network handle true foreign national programs. Most require the property cash flow if you're not occupying it, which works fine for Suisun City rentals.
Some lenders cap loan amounts at $2-3M for foreign nationals, but that's not a Suisun City issue. The harder filter is finding lenders comfortable with your specific country of origin and documentation standards.
Get your documents translated and notarized before applying. Bank statements, tax returns, employment letters—all need certified English translations. This adds 2-3 weeks to your timeline if you wait until escrow.
Most foreign buyers here purchase all-cash then refinance within six months. That gets you in the property faster and sometimes unlocks better loan terms once you have U.S. ownership history established.
ITIN loans require U.S. tax history that foreign nationals typically lack. DSCR loans evaluate the property's rental income instead of yours, which can work if Suisun City rents cover the payment at required ratios.
Asset depletion looks at your liquid assets rather than income. If you're cash-rich but lack verifiable foreign employment, that structure sometimes beats foreign national pricing by 0.5-1% in rate.
Solano County transfer taxes stay reasonable compared to neighboring counties. Foreign ownership doesn't trigger additional local fees, though you'll face FIRPTA withholding requirements if you sell later.
Property management costs matter more for foreign investors. Budget 8-10% of rent for professional management since you can't handle Suisun City tenant issues from overseas. Factor that into your cash flow analysis before committing.
Yes, many lenders allow remote closing through embassy notarization or power of attorney. You'll need a U.S.-based representative to handle inspections and final walkthrough requirements.
Most lenders require you open a U.S. account for payment processing before closing. Some accept international wire transfers but charge additional fees for that service.
Each lender maintains different country restrictions based on their risk policies. We shop multiple lenders to find one that works with your specific citizenship.
The commute corridor position and military presence create stable rental demand. Appreciation runs slower than coastal markets but cash flow typically exceeds Bay Area percentages.
Yes, through DSCR structure rather than traditional foreign national loans. The property must generate 1.0-1.25x the monthly payment depending on lender requirements.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
Asset-based short-term loans primarily used by real estate investors for property acquisition and renovation projects.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Home loans for borrowers who have an Individual Taxpayer Identification Number instead of a Social Security number.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.