Question 1

Can I get a Foreign National Loan without a US credit score?

Accepted Answer

Yes, Foreign National Loans don't require US credit history. Lenders evaluate your international credit and financial documentation from your home country instead.

Question 2

What down payment do I need for Santa Paula property as a foreign buyer?

Accepted Answer

Most lenders require 30-40% down for Foreign National Loans. The exact amount depends on property type, your financial profile, and lender requirements.

Question 3

Can I live in the Santa Paula property I purchase with a Foreign National Loan?

Accepted Answer

Most Foreign National Loans are for investment or vacation properties, not primary residences. Check with your lender about occupancy restrictions and visa requirements.

Question 4

How long does Foreign National Loan approval take in Santa Paula?

Accepted Answer

Processing typically takes 45-60 days due to international documentation verification. Working with experienced brokers can help expedite the timeline.

Question 5

Do I need to visit the US to get a Foreign National Loan?

Accepted Answer

Many lenders allow remote closings with proper documentation and power of attorney. Some may require in-person closing depending on property location and lender policy.

Foreign National Loans in Santa Paula: Financing for Non-US Citizens