Foreign National Loan

Today’s market patterns have approved many foreign nationals to take fantastic benefit of real estate deals on American land. The term “Foreign National” puts on all that are non-U.S. nationality.

At Sky Financing – we provide loans to foreign nationals with phenomenal terms. For big shots in the real estate industry, the investor can use this loan as a secondary home or real estate investment property in the United States for a foreign national.

We offer a minimum loan amount of $10,000, with a maximum of 65-75% LTV, funding to buy and refinance of residential or commercial properties in the United States.

Our foreign national loan program is for investment homes, with single-family and multi-family residences being qualified, along with condominiums, townhouses as well as business residential properties.

Amortizations just have an optimum of 15 years for our Foreign National Lending program. Borrowers require a reasonable earning; however, the majority of deals do not need verification.

However, the financing approval chance is stronger when proof of earnings is exchanged in USD. Finally, the borrowers will certainly require a foreign passport when applying for this loan.

Loan Features

1. Maximum LTV of 70% and maximum LTV of 65% for cash out

2. Maximum funding is up to $3M, and minimum funding is around $100,000

3. A DSCR program with a 1:1 proportion on cash flow

4. Property obtained and experienced for 60 days – should be in the United States.

5. 12 months of books needed as well as need to remain in a bank in the United States.

6. Auto-payment of ACH is called for and the application must be finished at closing Can not live in the US

7. Should have an appropriate Visa

8. No funds on gifts allowed

9. Live and work in another country.

10. Income documentation differs by investor and borrower’s profession.

Please note that you may not be eligible for loans even if you meet all of this eligibility. Please Contact Us If there’s any Problem