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Home Financing for Foreigners not living in the United States
Foreigners living abroad are eligible for financing an investment property in the United States. With our flexible Foreign National loan program, you do not need to provide proof of income nor have a US credit score to qualify! Our flexible qualifications mean that you can start investing in American real estate without the hassle of the traditional loan screening process!
Based in Dallas, we finance Foreign investors for 36 states including Florida and Texas. AsertaLoans provides first-time investors and foreign nationals with the opportunity to easily secure their dream homes.
What are Foreign National Loans?
Foreign National loans are a type of mortgage designed for non-US citizens who do not live in the U.S., enabling them to purchase investment property in the U.S. These loans are particularly beneficial for foreigners seeking to preserve capital with low down payment requirements.
Lenders offering Foreign National loans consider financial assets and rental income to determine eligibility, allowing borrowers to qualify without having to prove income or credit history from their home country.
Key Benefits of Foreign National Loans
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Easier access to investing in the booming American real estate.
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No US credit history nor proof of income required.
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Generate monthly cash flow with lower monthly mortgage payments.
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Establish a credit history in the United States, providing access to better loan terms in the future.
Who Qualifies For Foreign Loans?
Any non-US citizen that does not currently reside in the U.S. To qualify for a Foreign National loan, you'll need:
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US Visa: Essential for application approval.
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Bank Statements: Two months of bank statements are required.
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Passport: Passport from your home country.
How to Apply for a Foreign National Loan?
Applying for a Foreign National loan with AsertaLoans is straightforward:
Gather Documents
Ensure you have all the necessary documents: Two months of bank statements, visa, passport.
Complete Application
Fill out our online application, which includes the application fee and the necessary application requirements.
Submit Documentation
Provide all required documents, such as two months of bank statements.
Review and Approval
Our team will review your application and provide a pre-approval within minutes.
Finalize
Upon approval, finalize the loan terms and prepare for your home purchase.
AsertaLoans Loan Process
Our loan process is designed with flexibility and ease in mind. Unlike banks, we are not bound to one underwriting standard. We search among our 18 wholesale lenders to find the one with the best loan terms. This approach allows us to offer competitive rates and tailored financing solutions for your unique situation.
Why Choose AsertaLoans for Foreign National Loans?
AsertaLoans leads the industry in Foreign National loans by offering unmatched flexibility and personalized service. As a mortgage broker, we have the unique ability to switch lenders mid-process, ensuring you secure the best available rate when purchasing your home. Our expertise in managing complex cases allows us to provide customized payment options that suit your financial needs.
With our dedicated team by your side, you can trust AsertaLoans to make your home-buying journey smooth, transparent, and successful.
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What is a VA loan, and who qualifies for it?A VA loan is a mortgage guaranteed by the Department of Veterans Affairs. It is available to eligible veterans, active-duty service members, certain National Guard members, reservists, and qualifying surviving spouses.
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Do VA loans require a down payment?No, VA loans typically require no down payment, allowing eligible borrowers to purchase a home without significant upfront costs.
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Do I need private mortgage insurance (PMI) with a VA loan?No, VA loans do not require private mortgage insurance, which helps keep monthly payments lower than those of a conventional loan.
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What credit score is needed to qualify for a VA loan?While the VA doesn’t set a minimum credit score, most lenders look for a score of around 620. Based on your credit profile, Aserta Loans can help you find the best options.
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What are the service requirements for a VA loan?Eligibility depends on service history. Typically, veterans, active-duty members, National Guard, and reservists with sufficient service during wartime or peacetime qualify. Our team can help verify if your service record meets the VA’s requirements.