Program Highlights

Foreign National Financing Options

Loan amounts up to $2,500,000
Cash-out up to $1,000,000
Loan-to-Value up to 75% for Purchases and Rate & Term Refinances
Loan-to-Value up to 70% for Cash-out Refinances
Income verification from employer or CPA letter, or Investor Cash Flow (DSCR)
Accepts a range of Visa types
Available for second homes and investment properties

Tailored with your needs in mind

No Need for Tax Returns

Qualify without tax returns—just use your bank statements or the cash flow from your property

Cash Out, Your Way

Your cash out can be used for reserves, with Loan-to-Value up to 60%

Flexible Underwriting

Foreign credit reports are accepted for borrower qualification

FREQUENTLY ASKED QUESTIONS

Which Visas qualify for foreign national loans?

Eligible Visa types for MFG’s Foreign National program include: B1, B2, F1, H2, H3, I, J1, O2, P1, P2, TN NAFTA, and Laser Visa. A no-Visa option is available for investor transactions. LLCs or corporations must be based in the U.S. with a domestic agent for service of process.

Is it possible for foreign nationals to obtain a mortgage in the U.S.?

The foreign national loan program is tailored to help non-U.S. citizens or permanent residents buy property in the U.S. Even without a U.S. credit history or Social Security number, this program enables foreign nationals to secure financing for their property investments.

How is credit and income assessed for foreign nationals?

Foreign national loans require various documents, including loan letters, credit letters, and an income-verification letter from a certified public accountant in the borrower’s home country.

Is it possible for a foreign national to purchase a primary residence in the U.S.?

No, foreign nationals can only purchase second homes or investment properties, not primary residences.

Do foreign nationals require U.S. credit history?

No, foreign nationals do not need a U.S. credit history. They can use three active foreign trade lines with a two-year history, and foreign checking or savings accounts can be counted as trade lines.