Hard Money Loan with I-220A Status — Possible?

Question

Hey everyone, quick question—does anyone know if a company owner with an I-220A Status can get a hard money loan to buy a property? Wondering if lenders will look at the deal itself (equity, ARV, etc.) or if the immigration status could be a roadblock.

Appreciate any insights!

Mike Romano · Answer

I’m helping a friend with this. He already has an LLC set up and operating for a year, will cover the repair costs, can put 15% down, and plans to live in the property. The house is under contract for $150,000.

Does anyone know of a private lender who could fund this deal?

Alexis Sostre · Answer

@Mike Romano If already LLC can fund this happy to connect

Alexis Sostre · Answer

We work with foreign national, he need to set up an LLC to get funding.

Vandana Thapa · Answer

@Mike Romano Hard money lenders operate very differently from banks or conventional lenders, so immigration status usually isn’t the main factor. They tend to focus almost entirely on the property and the deal structure rather than the borrower’s background. That said, each lender sets their own policies, so it’s smart to ask directly.- Hard money loans are asset-based: approval is driven by equity, LTV, and ARV rather than personal credit or income.- Many lenders care more about the exit strategy (refinance or resale) than immigration status.- The borrower typically needs a valid way to hold title (personal name, LLC, or entity) and sign loan docs.- Some lenders may still ask for an SSN/ITIN or legal residency proof, but plenty work with foreign nationals or nontraditional cases.In short, the deal itself is almost always the deciding factor with hard money. As long as the numbers make sense and you can show a path to repay or refinance, many lenders won’t see immigration status as a dealbreaker. It’s worth shopping around and being upfront so you find a lender who’s flexible on documentation.

This response is for educational purposes only and not intended as financial, tax, or legal advice. Always consult your own advisors before making investment decisions.

Anthony Nate · Answer

In many cases, lenders focus primarily on the deal fundamentals equity, ARV, cash flow, and exit strategy—rather than immigration status. That said, requirements can vary by lender, so it’s always best to speak directly with a lender about their criteria.

If you’d like, I can share some programs that are known to fund deals regardless of visa status.

Vandana Thapa · Answer

@Mike Romano Yes, it’s possible, but with some limitations. Traditional banks and agency loans won’t touch an I-220A status, but hard money is a different animal, it’s asset-based. The lender’s main concern is the property and their collateral position, not immigration paperwork. That said, most will still want an SSN or ITIN, and the cost of funds will be higher than conventional financing.

Quick points to keep in mind:

- Hard money lenders care more about equity (plan on 25–35% down).

- A clear exit strategy (refi or resale) is key.

- Immigration status limits lender pool, but doesn’t automatically kill the deal.

- Expect higher rates/fees than bank loans.

This response is for educational purposes only and not intended as financial, tax, or legal advice. Always consult your own advisors before making investment decisions.

Mike Romano · Answer

Will any HML be able to do this?

Nick Belsky · Answer

@Mike Romano

We have a resource for no credit and no visa requirements for a hard money loan with rehab.  No entity needed, but preferred.  Typically, we can go up to 90% purchase leverage and 100% rehab up to 75LTARV.  Expect 12% and 4 points but can close fast.  For liquidity, we'd need to see cash to close, 6 months of fully drawn interest payments, and 25% of the rehab budget in a US bank account to qualify.

Cheers!

Hard Money Loan with I-220A Status — Possible?

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