A Foreign National Loan is a mortgage option designed for non-U.S. citizens who want to purchase or refinance real estate in the United States. These programs can provide financing opportunities for international buyers who may not have a U.S. Social Security number, U.S. credit history, or traditional U.S.-based income documentation.

Foreign National Loans can be especially useful for individuals purchasing second homes, vacation properties, or investment properties in the United States. Depending on the loan program, borrowers may be able to qualify using international income, foreign bank statements, credit references, assets, or other alternative documentation.

Qualification requirements vary based on factors such as down payment, property type, loan amount, available reserves, country of residence, and overall financial profile. Some programs may require a larger down payment and additional documentation compared with traditional mortgage financing.

Because Foreign National Loans are generally considered Non-QM financing, interest rates, fees, and underwriting guidelines may differ from conventional mortgages. However, they can provide international buyers with greater flexibility when traditional U.S. mortgage requirements are not a good fit.

Kal Duwage Mortgage Inc. can help review your financial situation and identify Foreign National Loan options that may fit your U.S. real estate goals.