SERVICES • BANKING AND FINANCING
US Mortgage Loans For Nonresident Investors
Can nonresident investors get loans? YES! The Nonresident Investor team can help you secure loans for your investment.
US Mortgage Loans for Nonresident Investors
Finding a property you like on the US real estate market isn’t hard, given how vast and giving the market actually is.
If you’re in need of a loan, we got your back.
Finding a deal won’t do you much good unless you can secure funding to actually purchase it. This is one of the obstacles that stop many foreign investors from even considering the US real estate market as an option.
Well, we’re here to tell you that funding doesn’t have to be a stumbling block.
Acquiring funding for your real estate project as a foreigner isn’t easy. However, thanks to the Nonresident Investor team, you can secure a mortgage loan for your investment without too much stress. We’ll connect you to the best, specialized lenders who work exclusively with foreign investors.
With them, you’ll be able to get a loan with favorable conditions:
- Both your foreign income and credit history will count toward your credibility.
- You’ll be able to get a loan for an amount between $150,000 and $5 million.
- You’ll be able to pick between loan terms both in terms of length (15, 20, or 30 years) and type (fixed interest or an adjustable-rate mortgage).
- The loan-to-value rate will be exceptional (70% for foreigners compared to 80% for US citizens).
- Plenty of amenities will be available to you, such as loan amortization regardless of age and interest-only payments.
No Social Security Number?
No Problem!
One of the first things most aspiring nonresident investors say to us is that they don’t have a social security number and therefore aren’t eligible for a loan.
The reality is entirely different — as a natural person, you wouldn’t be able to get a loan without a social security number. However, as an LLC owner or a member, you can secure a loan with just your ITIN (your Individual Tax Identification Number).
No Credit History?
No Problem!
Bad credit histories are the downfall of many first-time home buyers in the US. However, as a nonresident, you don’t have a credit history, which is, believe it or not, better than having a bad one.
Specialized no-credit mortgage lenders will issue you a loan even without a credit history. They’ll need some verification that you pay your bills on time, and they’ll require a somewhat larger downpayment as well as a fixed interest rate. However, the fact that you have no credit history won’t be an obstacle.
Later on, you’ll use your LLC to build a great credit history for yourself and secure more favorable loans in the future.
Part of the NRI Team: Specialized Morgage Brokers
With an ITIN and the help of the Nonresident Investor team and our connections, you’ll be able to obtain an affordable loan for your real estate purchase.
Although most lenders aren’t keen on loaning money to foreigners who have no social security numbers or credit histories (and can’t prove or guarantee they will pay the money back), we can connect you with mortgage brokers and lenders who specialize in working with foreigners.
These lenders lend out money based on your cash flow and an increased interest rate. So, your cash flow and your ability to turn your investment profitable is what guarantees you’ll return the money you borrowed from them. So, as long as your prospective cash flow is higher than the monthly mortgage payment, your loan will most likely get approved.
We understand that each foreign investor has specific needs. That’s why we have a globalized team that specializes in meeting the needs of all our clients, no matter what they might be.
So if you’re in need of a loan, we got your back. We’ll connect you to the best agencies in the US to ensure your real estate dreams come true as quickly as possible.
Turn your profits into assets that will create a passive income and a positive cash flow.
Our services were created to assist investors in navigating the complex real estate market, covering everything from LLC formation to property management based on years of experience in the industry.
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Tax & Legal Advising
Banking and Financing
Real Estate Investing
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