You Are Not a U.S. Citizen, But You Want to Buy a Home In Florida?

If you are not a citizen of the USA, you may still obtain a mortgage to purchase a home in Miami, Weston, Doral, Coral Springs, West Palm Beach, Coral Gables, Coconut Grove, Kendall or anywhere in South Florida.

Our Loan Program makes buying a home in the U.S. easier for non-US citizens. In comparison, these loans’ guidelines are different from conventional or other federally insured loan programs.

We offered mortgage programs for residential or commercial, with fixed or adjustable rates from 3-5-7-15 and 30 years. Funding for single-family homes, condominiums, and townhouses. The property’s title may be tied to a U.S. corporation or a personal name. 25% to 30% minimum down payment required.

Not A US Citizen or Not a Permanent Resident in the US?

CHECK IF YOU QUALIFY

GET AN ESTIMATE FOR A FOREIGN LOAN

How to Qualify for a Foreign National Loan in Miami?

Only for Non-Permanent Residents or International Investors

Copy of your actual passport, and current USA Visa.
Proof of residence in the country of origin (utility bill like water, cable, telephone, electricity, etc.)

Debt-to-income ratio

It is easiest to qualify if your debt-to-income (DTI) ratio is 50% or lower. This ratio means that the monthly mortgage loan payments shouldn’t be more than 50% of your gross income to make it easier for you and your life.

For Second Homes and Investment Properties Only

Most banks underwrite foreign national loans as investment property loans, eliminating much of the documentation required for foreign nationals.
You must provide a copy of the purchase contract and corresponding addendum, plus an Escrow letter indicating the dates and monies deposited and the source of funds used for those deposits.
Copy of canceled checks or wire transfers is used to pay the initial down payment.

No Credit Score

If you can furnish a credit report from your home country, that will undoubtedly help. However, some banks allow you to provide proof of alternative forms of credit. This can include at least three credit reference letters from creditors. They will even consider using a cell phone and utility bills as credit accounts.

You do not require to provide a tax identification number or Social Security number, and no tax returns are required for foreign national loans.

Solid Income.

Minimum 12 months reserves required. They can remain in a foreign account.
Self-Employed applicants must submit an Accountant’s income letter with a copy of the CPA License declaring how long the borrower owned the business, plus current year-to-date income and past two years.
Copy of your company’s articles of incorporation proving the shares you own and the opening date. A website or background on your company is helpful too.
Salaried applicants must submit an employer’s income letter certifying the time the borrower has been employed, the position in the company, monthly and annual income over the last two years, and year-to-date income.

Good Credit References.

Two credit card reference letters (Amex, Master Card, Visa, etc.) plus two bank reference letters from your country of origin or USA, with the institution’s letterhead. These letters must be signed with a contact number for verification, showing the opening date, account number, balance, credit limit, and history. They must state that the relationship has been excellent or satisfactory.
Two recent bank statements for each bank account owned and any other fund with liquid investments.
If the documentation is in a foreign language, a certified translator needs to translate it.

Ready to Invest in a Vacation Property
or a Second Home?

ASK Us Invest Financial

Can I Invest in Real Estate in the USA as a Non-Resident?

Investing in property in South Florida can be a smart decision, whether you’re planning to use it as a rental or investment property or as a second home. However, obtaining a mortgage for your investment requires meeting certain requirements and providing extensive documentation about your financial history.

But don’t worry if you’re not a United States citizen – you can still qualify for a mortgage to own property in the country. At Us Invest Financial, we specialize in helping U.S. citizens and foreign investors who want to buy property in the United States.

We offer mortgage programs for both residential and commercial properties, with fixed or adjustable rates ranging from 3-5-7-15, and 30 years. Our programs cover funding for single-family homes, townhouses, and condominiums, and a U.S. corporation or a personal name can hold the property’s title. A minimum down payment of 25% to 30% is required.

Before starting, please check the Office of Foreign Assets Control (OFAC) list to ensure your country or company is not listed. Our team of experts is here to help guide you through the process and answer any questions you may have.

Apply Now for a Foreign National Loan in South Florida

At Us Invest Financial, we understand that foreign nationals may face unique challenges when it comes to obtaining a mortgage in the United States. Our team is dedicated to helping you navigate the process and answering all of your questions.

We know you have big dreams of owning a property in South Florida, whether for personal use or investment purposes. However, we also understand that your credit history may not be sufficient for traditional lenders to evaluate.

That’s why we offer specialized mortgage programs designed specifically for foreign nationals. We’ll work with you to explore your financing options and put together a loan package that meets your needs. Whether you’re looking for a second home, vacation property, or rental/investment property, we’re here to help.

Don’t let the opportunity slip away – contact us today to get started on your journey towards homeownership in Miami-Dade, Broward, West Palm Beach, Monroe, or anywhere in South Florida.

Do you have questions? We know you do!

ACT NOW: WE HAVE THE ANSWERS YOU WANT

FREE Foreign National Qualifier

Do you know how much real estate can you buy in the USA with the income from your country?

TAKE THE FIRST STEP BY GETTING PRE-APPROVED HERE FOR FREE!

Foreign National Loan