BiggerPockets

While most foreign nationals can't obtain financing, there are options for Canadians.

Off the top of my head, your client can try HSBC, RBC, Washington Federal, and Florida Home Trust.

Some of those lenders only offer financing to FNs on the retail side, so you may get shot down if you're looking to broker the loan.

Foreign national financing is definitely a moving target that one needs to constantly monitor.

Check with the other lenders and if you find one who can help your client then you can refer them to over to start the loan process.

You may also want to give Helm Bank a call.

I am a Broker here in Texas and I have a local bank that lends money to foreign nationals at bank rates. Below are the terms and docs needed:

FOREIGN NATIONAL LOANS

NATIONAL BANK INVESTOR
• 25% Down Payment
• 6.875% - 7.125% Interest rate fixed for 30 years
• Jumbo Loans ( 417,000 and over) 9.25% fixed
for 30 years
• Passport or Laser Visa
• 1 month bank statements US or Foreign Banks
• International Credit Report (obtained at banks
in Mexico or Canada)
• 2 letters from previous or existing creditors
• Job verification if employed by a company
• Self employed - business balance sheets
signed by a CPA with last two years and year
to date.
• Personal balance sheet signed by a CPA
current year
*CPA letter regarding the business and CPA
Cedular Profesional
• Closing costs approximately 4% of Loan
Amount
• Appraisal $425.00
• 1% paid at time of application

Private Investors

• 25% down payment
• 10.99% interest rate, fixed for 30 years
• 1 month bank statements US or Foreign banks
• Proof of income: paystubs or business license
• Closing costs approximately 4 % of Purchase
price
• No appraisal required
• No job verification

Let me know if I can be of assisstance.

The minimum loan amount is 50K.
The time to close on a private deal is usually 1-2 weeks and a bank deal 2-3 weeks.
As for the amount of loans they will finance it is determined by if they are trying to finance them all at the same time or not.

Hi.
Canadian
No SSN
Self Employed
Looking for financing in Buffalo NYS
Multi unit 3/4 plexes RES.- investment

65 LTV, looking to do multiple properties

Did any of these financing options work??
Or please contact me

Hi Glen,

I specialize in Foreign National Loans in addition to Fannie/Freddie/FHA/Jumbo Financing. My product allows up to 80% LTV and $3 Million Loan Amount. Rates are extremely competetive and there are no upfront costs aside from an appraisal.

I am currently offering these loans in MN, IA, SD, WA, OR, AL and will be offering them in CO, CA, FL. in the next 30-60 days. * Program will be made available in additional states if there is a serious interest/need. Please contact me for details.

Borrowers must be high net worth (good income, very strong reserves)

Loan amounts up to 3 million and LTV's up to 80%
No SSI or TIN number required.

This program is designed for professional immigrants entering the USA on an acceptable visa.

The program is also offered to US citizens living abroad working for a US based company, even if no credit score is present.

US citizens working for foreign companies may be considered on an exception basis if two years US tax returns have been filed showing the foreign earnings.

If no credit score is present or we have a false score, we will consider these clients as having a 740 credit score when qualifying and pricing.

We do not pull an international credit bureau.

Foreign assets are considered on a case by case basis for reserves and down payment.

We will qualify on "offer letter" / first paystub - Foreign nationals are not required to have 2 years of US based income

PLEASE NO MORTGAGE BROKER/LENDER INQUIRIES