Foreign National Home Loan

Borrowers who live outside the U.S. can qualify for an investment property using the cash flow of the property for qualification.
Get Started
Get Started
  • Minimum loan amount of $100,000
  • Maximum loan amount of $1.5 million
  • A DSCR program with a 1:1 ratio on cash flow
  • Assets sourced and seasoned for 60 days - must be in a U.S. FDIC insured bank for a minimum of 30 days
  • 12 months reserves required
  • Closing in a U.S. LLC entity is permitted
  • ACH auto-payment is required
  • No sanction listed countries allowed and will not lend in Osceola County
  • Cannot reside in the United States
  • Must have an eligible Visa: B-1, B-2, H-2, H-3, I, J-1, J-2, O-2, P1, P2
  • No gift funds allowed
  • Loan amounts greater than or equal to $1,500,000, a borrower paid second appraisal must be obtained

This mortgage product is for foreign nationals wanting to purchase or refinance a home in the United States. This is a DSCR program with a 1:1 ratio on cash flow. This means that this loan is incredibly easy to do – no income or U.S. credit required to qualify.

AL
AZ
AR
CA
CO
CT
DE
DC
FL
GA
IL
IN
IA
KS
KY
LA
ME
MD
MI
MN
MS
MO
MT
NH
NJ
NM
NC
ND
OH
OK
OR
PA
RI
SC
SD
TN
TX
UT
VA
WA
WV
WI
WY

Contact a Loan Officer

Property State
Loan Purpose
Looking For A Specific Mortgage Advisor?
Are You Self-Employed?
Residence Type
Credit Score
Submit
We take your privacy seriously. By clicking "Submit" or "Send My Verification Code", you are providing express "written" consent to allow Angel Oak Mortgage Solutions LLC NMLS 1160240 to call or text you at the telephone number provided above for advertising or telemarketing purposes related to your mortgage inquiry (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone or mobile device (including SMS and MMS - charges may apply) and/or email you at the email address provided, even if the telephone number is currently listed on any internal, corporate, state, federal or national Do-Not-Call (DNC) list. You are not required to provide this consent as a condition of purchasing goods or services with Angel Oak Mortgage Solutions LLC NMLS 1160240.
success check icon
Thanks! A Mortgage Advisor Will Be In Touch With You Shortly.
Oops! Something went wrong while submitting the form.

Product FAQ

General FAQ

What Is A Foreign National Mortgage Loan?
A Foreign National mortgage loan, also known as a foreign national loan or non-permanent resident alien loan helps non-residents of the United States purchase real estate here in the United States. The foreign national program includes primary residences and/or vacation properties available to those who classify as resident aliens, achieve temporary status or permanent status, and typically have different requirements and interest rates than a standard Fannie Mae or FHA loan.
Do Foreign National Mortgage Loans Have Different Requirements?
Yes, the Foreign National mortgage guidelines and requirements are different. A foreign national must live and work outside the U.S. and cannot reside in the U.S. A few additional requirements for the foreign national mortgage loan is that the maximum LTV IS 70%, 12 months reserves are required, 30-year fixed mortgage only, loan amounts up to $1,500,000 with a minimum of $75,000 offered and seller concessions are up to 3% only. ACH is required from a FDIC Bank for a monthly mortgage payment.
Do Foreign National Loans Require A Higher Down Payment?
Yes, it is possible that a larger down payment is required for a Foreign National loan, but the percentage will vary depending on the borrower’s specific financial circumstances. Contact an account executive at Angel Oak Mortgage Solutions to determine the LTV requirement.