This specialized loan is offered to international buyers who are in need of financing for a residential property, but may not qualify for a traditional mortgage.
No FICO Available
Standard Maximum DTI 50%
Loans up to $2.5 Million
Purch-R/T up to 75% LTV
Cash Out up to 65% LTV
No restrictions 2-4 Units, Condominium: Max LTV/CLTV 65%
12 months of PITIA reserves or 6 months with 5% LTV reduction and price adjustment
No restrictions 2-4 Units, Condominium: Max LTV/CLTV 65%
First Time Investor Allowed
The Foreign National program is designed for foreigners who live and work outside the US and would like to purchase a 2nd Home or an Investment property in the US.