For foreign nationals looking to invest in U.S. real estate, LendSure Home Loans offers a straightforward way to make it happen. Our Foreign National loan program provides the flexible terms and common sense underwriting needed to finance second homes and investment properties in the United States.
This foreign national loans guide will walk you through everything you need to know about our program and how it works.
Foreign National Loans Guide: What Are Foreign National Loans?
Foreign national loans are specifically designed for borrowers who are not U.S. citizens or permanent residents. With this type of financing, you can invest in U.S. real estate without the restrictions typically imposed by traditional lenders.
Our program stands out with options that cater to your unique needs, whether you’re purchasing a second home or building your investment portfolio.
LendSure Home Loans Foreign National Loan Program Highlights
- Maximum Loan Amounts: Up to $1,000,000
- Cash-Out Options: Access up to $500,000
- Loan-to-Value up to 75% for Purchase and Rate & Term Refinance
- Loan-to-Value up to 70% for Cash-out Refinance
- Visa Flexibility: Available for a wide range of visa types – B1, B2, F1, H2, H3, I, J1, O2, P1, P2, TN NAFTA, Laser Visa. A no-Visa program is available for investor transactions only.
- Primary residences are not eligible
- Qualify with bank statements or your property’s cash flow – no tax returns needed
Foreign National Loans Guide: Who Qualifies?
To qualify for a foreign national loan with LendSure Home Loans, applicants must meet specific criteria. Eligible individuals typically hold a foreign passport and are not U.S. green card holders. Additionally, they primarily earn income from outside the United States and are seeking to invest in U.S. real estate for a second home or an investment property.
For many international buyers, accessing mortgage financing in their home countries may be restrictive, often requiring full cash payments. With LendSure Home Loans’ program, you gain access to better terms and flexible financing, making your U.S. investment goals more achievable.
Our Simplified Qualification Process
With LendSure Home Loans, loan qualification is designed to be as simple as possible:
- Income Documentation: Provide verification through a letter from your employer or certified public accountant (CPA). For investment properties, we can also assess cash flow using the DSCR method.
- Credit Requirements: There’s no need for a U.S. credit score. Foreign credit can be verified through active trade lines, international credit reports, or translated reference letters.
- Asset Verification: Funds used for closing must be transferred to a U.S. account within 30 days before closing, and assets will be verified in U.S. dollars.
Why Choose LendSure Home Loans?
It’s simple. We make loans that make sense. We’re not in-the-box lenders. Of course, there are numbers, ratios, and data to consider, but we know that behind every file, there’s an individual with unique circumstances seeking a loan.
We’re redefining the mortgage experience one loan at a time. Thanks to our common-sense approach and dedicated lending team, we often say’ yes’ to today’s homeowners and investors.
Ready to explore how LendSure Home Loans’ can help you finance your next property? Contact us today.
