Mortgage Options for Foreign Nationals
An Ideal Solution for Borrowers Residing Outside the United States
A Closer Look at Foreign National Loans...
Applicants Residing Outside of the United States
Foreign nationals residing outside the United States can qualify for an investment property by relying on the property's cash flow for qualification.
Our Foreign National product falls under the debt service coverage ratio category, where qualification is determined based on the property's cash flow rather than the borrower's income. This loan option is straightforward and offers a speedy closing process for eligible individuals.
Do I Qualify?
Maximum LTV of 70%
Maximum LTV of 65% for cash out
Loan amounts up to $1.5 million, minimum loan amount of $75,000
A DSCR program with a 1:1 ratio on cash flow
Assets sourced and seasoned for 60 days – must be in a U.S. FDIC insured bank for a minimum of 30 days
12 months reserves required and must be in a U.S. bank
ACH auto-payment is required and form must be completed at closing
No sanction listed countries allowed and will not lend in Osceola County
Cannot reside in the United States
Must have an eligible Visa: B-1, B-2, H-2, H-3, I, J-1, J-2, O-2, P1, P2
No gift funds allowed
Your Home Loan Could Be Fully Funded
30 Days From Now
Let our experienced team of Mortgage Advisors guide you through the buying or
refinancing process quickly, efficiently, and confidently.
Steady Fixed Interest Rates
Your loan's interest rate and duration remain fixed throughout the entire life of your loan.
Flexible Adjustable Rate Mortgages
Your interest rate may fluctuate in response to market conditions, but the initial rate could be lower than that of a fixed-rate option.
Conforming Home Loans
Loans available for amounts up to $726,200 in the contiguous 48 states.
Jumbo & Super Jumbo Loans
Loan amounts vary depending on your state and county, but these loans generally come with higher interest rates due
FHA, VA, & USDA Loans
Backed by the federal government, these loans usually feature lower interest rates but come with different eligibility criteria.
Terms from 5 to 30 Years
Select your loan term based on your financial goals.
See What You Can Save!
Mortgage rates change every day, and your rate will vary based on your location, finances and other factors. Get your FREE customized rate comparison below:
Lending Capital Mortgage, LLC. offering personalized mortgage solutions, fast customized quotes, competitive rates & service with integrity.
CONTACT INFO
info@lendingcapitalmortgage.com
12 Penns Trail, Newtown PA 18940
(215) 776-8980
Copyright © 2024| Lending Capital Mortgage, LLC|
Company NMLS# 1845226 Licensed In: PA
Licensed by the Pa Department of Banking and Securities
