No problem, Our Foreign National Loan Program makes buying a home in the US easier for non-US citizens. While the guidelines on these loans are different than conventional, conforming or other federally insured loan programs, we are confident that our loan program can meet your needs.
Dreaming of owning a home in the United States but not a U.S. citizen? No problem. At Lending Dream Mortgage, we understand the unique challenges foreign nationals face when trying to navigate the U.S. real estate market. That’s why we offer a comprehensive Foreign National Loan Program, designed specifically to make buying or refinancing a home in Texas easier for non-U.S. residents.
Whether you're looking for a vacation home, an investment property, or a permanent residence, our Foreign National Loans provide flexible options tailored to meet your needs. With competitive rates, diverse loan terms, and accommodating guidelines, we’re confident our program will help you achieve your American homeownership dreams.
Foreign National Loans are specialized mortgage products designed for non-U.S. citizens who want to purchase or refinance property in Texas. These loans cater to foreign nationals who might not qualify for conventional, conforming, or federally insured loan programs due to differences in residency, income documentation, or credit history. Our program bridges these gaps, offering a seamless and supportive borrowing experience for non-residents.
At Lending Dream Mortgage, we believe in empowering foreign nationals with the tools they need to succeed in the U.S. real estate market. Here’s what makes our Foreign National Loan Program stand out:
We offer some of the most attractive interest rates in the industry, ensuring your loan remains affordable throughout its term. Whether you choose a fixed-rate or adjustable-rate mortgage, you can expect terms that align with your financial goals.
Borrow amounts ranging from $100,000 to $750,000 per property.
Whether you're eyeing a modest condo or a luxury single-family home, our loan program has you covered.
Select a term that fits your budget and timeline:
Fixed-rate terms: 10, 15, 20, 25, and 30 years.
Adjustable-rate terms: 5/1, 7/1, and 10/1 options for those seeking lower initial rates.
Our program allows financing up to 75% loan-to-value. For example, if your dream home is valued at $500,000, you can borrow up to $375,000, reducing the upfront cash needed for your purchase.
We finance:
This flexibility ensures you can find the perfect property to match your lifestyle and investment goals.
Pay off your loan ahead of schedule without worrying about penalties. Early repayment options provide you with greater financial flexibility.
Our Foreign National Mortgage Loans are available to a broad range of non-U.S. citizens, including self-employed borrowers. Here's what you need to know about eligibility:
We accommodate borrowers with a debt-to-income ratio (DTI) of up to 50%, including an “assets for income” option. This flexibility ensures our program is accessible to foreign nationals with various income sources and financial profiles.
All loans are manually underwritten, allowing us to take a personalized approach to evaluating your financial situation. While traditional credit histories might not apply, our program considers alternative documentation to assess your ability to repay the loan.
We allow some seller concessions, with a maximum of 6% for loans with up to 65% LTV. This benefit can help reduce your closing costs and make the purchase process smoother.
At Lending Dream Mortgage, we prioritize transparency, simplicity, and customer service. Here’s why our clients trust us for their Foreign National Loans for Non-Residents:
Our program is specifically designed to address the unique needs of non-resident borrowers. We offer personalized guidance at every step of the loan process, ensuring you feel supported and informed.
We understand that foreign nationals might not have the same types of financial documentation as U.S. residents. That’s why we accept alternative forms of verification, simplifying the application process.
Our Foreign National Mortgage Loans can be used to:
Refinance an existing property Whether you're entering the market for the first time or optimizing your existing investment, our program has you covered.
We manually underwrite all loans, allowing us to take a holistic view of your financial profile. This personalized approach helps us approve loans that other lenders might overlook.
Getting started with our Foreign National Loan Program is easy. Here’s a step-by-step guide:
Contact us to discuss your financial goals and property interests. Our team will guide you through the loan options available for your unique situation.
While documentation requirements may vary, we typically request proof of income, assets, and identification. Don’t worry if you lack U.S.-specific financial records; we’ll work with you to gather acceptable alternatives.
Once you’ve identified a property, we’ll arrange an appraisal to determine its value and establish the loan-to-value ratio.
Our experienced underwriters will manually review your application to ensure all criteria are met. This step allows us to evaluate your financial picture comprehensively.
After approval, you’ll finalize the loan and close on your property. Congratulations—you’re now a homeowner in Texas!
No, our Foreign National Mortgage Loans are designed for non-residents who may not have U.S.-based credit. We use alternative documentation to evaluate your financial stability.
Yes, our program is ideal for purchasing investment properties such as rental homes, condos, or vacation homes.
No, our program welcomes self-employed applicants. We assess your financial situation holistically to ensure the loan meets your needs.
Owning a home in Texas doesn’t have to be complicated. With Lending Dream Mortgage’s Foreign National Loan Program, non-residents can access competitive financing options tailored to their needs. Whether you’re purchasing your first U.S. property or refinancing an existing one, we’re here to make the process simple and stress-free.
Contact us today to learn more about our Foreign Mortgage Loan offerings and take the first step toward achieving your American dream.