Question 1

Can I buy in Oxnard without a US visa?

Accepted Answer

Some lenders allow it with a valid passport and proof of foreign income. Visa type and country of origin can affect which lenders will work with you.

Question 2

Do I need a US bank account?

Accepted Answer

Not always required, but it helps. Lenders want to see reserves, and US accounts make verification faster and cleaner.

Question 3

Can I rent out the property after purchase?

Accepted Answer

Yes. Investment properties and vacation rentals are common for foreign national buyers in Oxnard. Confirm rental intent upfront — it affects loan structure.

Question 4

How long does a foreign national loan take to close?

Accepted Answer

Longer than conventional — budget 45–60 days. Document translation and foreign income verification add time to underwriting.

Question 5

What credit score do I need?

Accepted Answer

No US score is required. Lenders use foreign credit history, bank references, or asset documentation as alternatives.

Question 6

Are foreign national loan rates higher than conventional?

Accepted Answer

Yes. Non-QM loans carry more lender risk, so rates run higher. Rates vary by borrower profile and market conditions.

Foreign National Loans in Oxnard, CA