What Is a Foreign National Loan?A foreign national loan is a home loan option for nonresidents of the United States who are looking to purchase a house, whether it be used as an investment property or second home while visiting. This program is designed to help foreign nationals in the U.S. navigate the unique challenges they may face throughout the course of the homebuying process.Do you Need a Social Security Number, Green Card, or Visa?No! Foreign national loans allow nonresidents to secure a mortgage without a Social Security number, green card, or visa. Additionally, borrowers are not required to have a FICO score to provide proof of credit. Instead, borrowers may demonstrate creditworthiness through alternative means or submit a credit report from their country of origin.Foreign national loans ARE NOT ITIN LOANS ITIN Loans are non-permanent resident loans. These types of programs make it possible for noncitizens to purchase property, using an ITIN # and wholack documentation that is traditionally required to secure a primary home.A Foreign National Loan has different requirements from standard Fannie Mae or Freddie Mac loans. The down payment and interest rates are slightly higher 1st Florida Lending offers financing for non-resident aliens through our portfolio product line. Foreign National Loans can be complex so it’s important to work with an experience bi-lingual lender that truly understands how to overseas financial documents and how to analyze foreign credit and alternative trade lines. From application to closing, we will provide the guidance you need and even help you gather the appropriate documentationCan Foreign Nationals Get a Stated Mortgage in the U.S.?Yes, foreign nationals can get a no income and no employment Stated Mortgage in the United States.
1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing only the State of Florida, offering over 48 loans programs
including Conventional Loans, Non-Conforming Loans, FHA Loans, VA Loans, USDA Loan, Self-Employed Loans, Bank Statement
Loans, No-Doc Loans, Reverse Mortgage Loans, ITIN Loans, Rental Investment Loans, to name a few and specializing in Bank
Statement Loans or “stated loans” requiring no Tax Return verification and much more. * No broker or lender fees are for FHA,VA, USDA
and Conventional loan types Main Office: 2151 Consulate Dr. * Suite 8 * Orlando, FL., 32837 * Telephone (800) 655-1345 * (407)
300-2558 * Fax (877) 401-9955We are approved lenders for all Government Loans and registered with the Florida Office of Financial
Regulation - # MLD106When Banks Say No ! We Say YES ! ® is a registered trademark owned by 1st Florida Lending Corp.
Highlights•1 to 4-unit properties •Loans from $200K Min - $4Mil•Rates start in the 5's•75 % LTV (PURCHASE)•65% LTV (RATE & TERM REFI)•65% LTV (CASH-OUT REFI)•Investment Property - No DSCRoAirbnb - VBR - OKoShort Term Rentals - OKoShort Term Vacation Home - OK•5YR ARM, 7YR ARM, or 30 FixedoInterest Only AvailableoAll terms 30 year fully amortized•No income, job, or credit required•No Reserves in most loans•Foreign Nationals, Perm Resident Aliens and US Citizens