A Foreign National mortgage loan, also known as ITIN loans, foreign national loan, or non-permanent resident alien loan. A Foreign National loan is a lending option for non-residents in the United States who are looking to purchase a house, whether it be used as an investment property or home base while visiting. 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.

Foreign national loans have several unique benefits that make securing funding easier for noncitizens attempting to purchase a home. Foreign national loan programs generally allow nonresidents to secure a mortgage without a Social Security number, green card, or visa. Additionally, borrowers are not required to have a FICO score to provide proof of credit. Instead, borrowers may demonstrate creditworthiness through alternative means or submit a credit report from their country of origin. A foreign national loan can be a great option for non-citizens looking to purchase real estate in the U.S.

Before applying for any loan, it is best to consult with a local San Diego home loans and refinance expert, like Olivia Guinn, that can help you determine the best financial option for you. To get started, contact Olivia today by calling 619.227.9173. You can also complete an application online to quickly find out which lending programs you may qualify for.