Foreign National Loan Programs

Foreign National Loan Programs make purchasing a home in Florida easier, for Non-U.S citizens.  The Foreign National Loan Programs offers the borrower 4 flexible programs with fewer restrictions. 

Looking for a Foreign National Lender? Contact us today so we can direct you to the best lender to meet your needs.

What is a Foreign National?

  • A foreign national is a legal resident or citizen of another nation.
  • They buy a second home or a vacation home here in the U.S. for personal use.
  • The foreign national lives in the US property only on a short-term basis (may rent the property when not occupying).
  • He or she could be here on business, or while on vacation or holiday.
  • Foreign nationals primarily have income, employment, credit, and residency in a country other than the US.
  • A foreign buyer who is purchasing investment property to rent out or lease.
  • A buyer purchasing commercial property such as hotels, office buildings, apartment buildings or warehouses
  • A borrower with an ITIN (Individual Taxpayer Identification Number)
  • Someone with a certain class of work visa, other than the B-1/B-2 visitor visa.
  • International borrowers.
  • US citizens who work abroad and earn income overseas.

The key advantages of the Foreign National Loan Program include:

  • Fixed rate terms (10, 15, 20, 25 & 30)
  • Adjustable rates (3/1, 5/1, 7/1, 10/1)
  • New home loans and refinance
  • Debt-to-income ratios are 35%/45% ("Assets for income" option)
  • No pre-payment penalties
  • New home loans and refinance
  • No pre-payment penalties
  • Up to 65% loan-to-value financing
  • Eligible properties include single-family residences, condos, townhouses and non-warrantable condos.
  • Second homes financing
  • Low bank fees.
  • Can close in an LLC
  • Self-employed okay  
  • Available in Florida

DISCLAIMER: The Frontline Florida Realty website provides general information to be used as a guide to assist you but we make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information we will supply, as information must be tailored to the specific circumstances of each consumer. The mortgage industry is constantly changing, nothing provided herein should be used as a substitute for the advice of a professional loan officer or legal counsel.

The Foreign National Loan Page only provides/explains general mortgage, credit and loan concepts and principles and will try to give you the most relevant and accurate information to the best of our abilities. The information provided is not intended to be legal or professional advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a professional.