Foreign National Loans

The foreign national loan is a unique product that allows foreign buyers or citizens of another country to purchase property in Florida.

Foreign national loans are a type of mortgage loan that is available to non-U.S. citizens who wish to purchase property in the United States. We understand that the process of obtaining a mortgage loan as a foreign national can be complex and confusing. That’s why we specialize in helping foreign nationals secure the financing they need to purchase a home in the United States.

Here are some key features of foreign national loans:

  1. No social security number or credit history required – One of the biggest challenges that foreign nationals face when applying for a mortgage loan is a lack of U.S. credit history. However, with a foreign national loan, borrowers do not need a social security number or U.S. credit history to apply.
  2. Larger down payment required – Because foreign nationals represent a higher risk for lenders, they may be required to make a larger down payment than U.S. citizens. Typically, borrowers are required to put down at least 25% of the purchase price of the home.
  3. Higher interest rates – Foreign national loans may have higher interest rates than traditional mortgage loans. This is because foreign nationals represent a higher risk for lenders.
  4. Longer loan processing times – The process of obtaining a foreign national loan may take longer than a traditional mortgage loan. This is because lenders may need to verify income and other documentation from foreign sources.
  5. Limited loan options – Not all lenders offer foreign national loans, which means that borrowers may have limited loan options to choose from.

At Intercontinental Ultimate Solutions, we specialize in helping foreign nationals navigate the complex process of obtaining a mortgage loan in the United States. We work with a variety of lenders who offer foreign national loans, and we can help you find the best loan options for your specific needs. Our team of experts can help you understand the requirements for foreign national loans and guide you through the application process from start to finish.

If you are a foreign national interested in purchasing property in the United States and need financing, contact us today to learn more about how we can help you obtain a foreign national loan. We are here to help you achieve your homeownership goals, no matter where you are from. Click here to contact us or call (561) 717-6826 for a quote.

Additional restrictions may apply. Please inquire. All loans are subject to credit approval.