Foreign National Loans
LENDERLINE® is currently offering foreign national loans under the following guidelines:
- Property must be located in the State of California.
- Foreign nationals are a non-US Citizen with a valid passport and valid visa.
- Foreign nationals from visa-waiver countries will not require a visa.
- Permanent and non-permanent resident aliens not allowed under this program.
- Income is stated and not verified.
- Funds to close must be verified in U.S. Dollars.
- No reserves required.
- Borrower must provide a credit report from their home country.
- Up to 70% loan-to-value for purchases and rate/term refinances (see guidelines).
- Up to 65% loan-to-value for cash-out refinances (see guidelines).
- $100,000 minimum loan amount.
- $5,000,000 maximum loan amount.
- Second home or investment properties.
- Purchase, rate and term, or cash out refinance.
- SFR, PUDs, condos, townhouses, and 2-4 units allowed.
- Mixed-use residential property with commercial influence allowed on case-by-case basis.
- All loans require impounding of property taxes and hazard insurance.
- Available as a 5/1 ARM or 7/1 ARM only, amortized over 30 years.
- No prepayment penalty.
LENDERLINE® is your foreign national lender of choice. We offer the best mortgage rates for mortgage loan for foreigner.
Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.