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Foreigners Buying in the USA

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Rick Lee
  • San Gabriel, CA
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US citizen foreign income overseas, can I get bank financing?

Rick Lee
  • San Gabriel, CA
Posted Aug 27 2017, 18:56

Hello everyone! Thanks for your reply in advance!

1. I'm currently working overseas and have been for several years 5 years to be exact. And I was wondering about my financing options having a foreign income from a foreign overseas company. 

2. If I were to be able to get financing from traditional banks and not basing my loan on property and cash flow numbers, what do I need to do to qualify? This is probably a CPA question, but wonder if there's anyone in my situation as well? What documents do I need, what do banks look for and what's the LTV I can get from banks in the Southern California area?

Thank you!

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