Foreign National Loans
Financing for non-U.S. citizens purchasing property in the United States — no Social Security Number or ITIN required.
Program Overview
Foreign national loans are non-QM mortgage products designed for non-U.S. citizens who wish to purchase residential or investment property in the United States. These programs do not require a U.S. Social Security Number, ITIN, or U.S. credit history. Qualification is based on the borrower's international credit profile, assets, passport documentation, and down payment. Popular with Canadian, European, and Latin American buyers.
Who Is This Loan For?
- ✓ Non-U.S. citizens purchasing U.S. property
- ✓ International investors targeting U.S. real estate
- ✓ Canadian and European buyers purchasing vacation homes
- ✓ Foreign nationals without U.S. credit history, SSN, or ITIN
Key Benefits
No U.S. Credit Required
Qualify with international credit references, bank statements, or letter from home-country bank.
No SSN or ITIN Needed
Passport and visa documentation accepted instead of U.S. identification.
Investment & Primary
Available for investment properties, second homes, and in some cases primary residences.
Multiple Documentation Types
Bank statements, asset verification, employment letters, and international credit accepted.
Qualification at a Glance
General Requirements
- Valid passport and visa documentation
- Down payment of 25–40%
- International credit references or bank letters
- Proof of assets and/or income
- U.S. property appraisal required
Advantages
- ✓ No U.S. credit or SSN required
- ✓ International documentation accepted
- ✓ Investment and second home eligible
- ✓ Entity vesting available
- ✓ Competitive rates within non-QM
Tradeoffs to Consider
- ↔ Higher down payment (25–40%)
- ↔ Higher rates than conventional
- ↔ Fewer lenders offer foreign national programs
- ↔ Currency exchange and documentation complexity
- ↔ Reserve requirements typically higher
Common Scenarios
Canadian Buying Florida Vacation Home
A Canadian citizen purchases a $400K condo in Miami as a vacation property, putting 30% down with documentation from their Canadian bank.
European Investor
A UK-based investor acquires a $600K rental property in Texas using foreign national financing with asset-based qualification.
Documents Typically Needed
- Valid passport
- Visa documentation (if applicable)
- International bank statements (3–6 months)
- International credit references or bank letter
- Proof of income or assets
- U.S. property insurance quote
Frequently Asked Questions
Yes. Foreign nationals can purchase residential and investment property in the United States. Specific mortgage programs exist for non-citizens without U.S. credit.
Broker Disclosure: Scout Financial Group Inc DBA Airus Lending is a licensed mortgage broker (NMLS #2187418) and does not make loans or credit decisions. Airus Lending works with multiple wholesale lenders to help borrowers compare available loan options. Final approval depends on the lender, automated underwriting findings, documentation, state requirements, and overall borrower profile. Not all applicants will qualify.