Foreign National · FAQ

Foreign National Loan FAQ for California

Twenty-one of the questions international buyers ask most — no SSN, down payment, rates, DSCR vs full-doc, LLC ownership, translations, and buying from abroad. Short, straight answers, grouped by topic.

MBReviewed by Mike Basti, Mortgage Broker & Founder · NMLS #377740
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Most-asked: no SSN or US credit needed · 25–40% down · rates ~1–2% over conventional · DSCR (rent) or full-doc (foreign income) · buy from abroad · certified translations required. Details below.

The basics & no-SSN

Can a foreign national get a mortgage in California?

Yes — non-QM foreign national loans, no SSN, US credit, or green card.

Do I need a Social Security number?

No — passport (+ ITIN if held) verifies identity.

Do I need US credit?

No — international credit report, bank reference letters, or DSCR on rent.

Is this a real, regulated loan?

Yes — a well-established non-QM product with standard appraisal & underwriting.

Do I need a US address?

No — many buyers live entirely abroad.

Down payment, rates & paths

How much down payment?

25–40% (~30% common); more down = better rate. Requirements →

What are the rates?

~1–2% over conventional. Rates →

DSCR vs full-doc?

DSCR = property rent, no personal income; full-doc = foreign income + assets.

Which path prices better?

Depends — strong full-doc profiles can beat DSCR; DSCR is simplest.

Are reserves required?

Yes — documented reserves, varying by lender & loan size.

Ownership & documents

Can I hold it in an LLC?

Yes — common for investment; or hold personally.

Do documents need translation?

Yes — certified translation for any non-English document.

What proves my funds?

Documented source of funds for down payment + reserves.

What proves income (full-doc)?

12–24 mo foreign bank statements + foreign income docs.

What proves credit?

International credit report or foreign bank reference letters.

Buying, closing & refinance

Can I buy a primary residence?

Some programs — often visa holders in the US.

Do I need to be in the US?

No — sign remotely w/ a notary; US bank account for closing.

How long does closing take?

~21–45 days with complete, translated docs.

Which countries qualify?

Most — subject to lender & compliance rules.

Can I refinance later?

Often — into better terms as you build a US footprint.

Do you serve all of California?

Yes — all 58 counties, from Newport Beach & Marina del Rey.

Reviewed by the licensing team at Save Financial, a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766) founded in 2009 and serving all 58 counties. This page does not provide legal, tax, or immigration advice.

Still have a question about buying US property from abroad? We answer straight.

Whatever's on your mind — no SSN, down payment, DSCR vs full-doc, or LLC ownership — send it over and we'll answer with real specifics for your country and goal. Free, no obligation.