Last updated: July 27, 2026 · Verified against lender official data, FIRPTA regulations
Foreign National Mortgage Lenders 2026: Buy US Real Estate Without US Credit
No US credit. No SSN. No green card. No problem. Foreign nationals can buy US real estate with 25% down and a passport. Rates from 7.50%. Whether you're an investor in Dubai, a buyer in London, or a executive in Tokyo — here are the top 5 foreign national mortgage lenders ranked by rate, down payment, and approval speed.
7.50%
Best Rate
25%
Min Down
Not Required
US Credit
$5M+
Max Loan
⚡ Top 5 Foreign National Mortgage Lenders (July 2026)
No US Credit Required| # | Lender | Rate | Min Down | Close | Best For | Apply |
|---|---|---|---|---|---|---|
| #1 | Angel Oak Mortgage Solutions 🏆 BEST OVERALL | 7.50% | 25% | 35-50d | Largest foreign national lender, most flexible | Check Rates → |
| #2 | Acra Lending ⚡ FASTEST | 7.75% | 25% | 30-45d | Fastest approval for foreign nationals | Check Rates → |
| #3 | First National Bank of America 💰 LOWEST RATE | 7.65% | 30% | 40-55d | Lowest rates for 30%+ down | Check Rates → |
| #4 | CrossCountry Mortgage | 7.85% | 25% | 35-50d | Nationwide foreign national program | Check Rates → |
| #5 | New American Funding 🌎 BILINGUAL | 7.80% | 25% | 35-50d | Bilingual, foreign income specialists | Check Rates → |
What Is a Foreign National Mortgage?
A foreign national mortgage is a home loan designed for non-US citizens and non-residents who want to buy US real estate. Unlike conventional loans (which require a Social Security Number, US credit history, and often a green card), foreign national mortgages only require:
- Passport: Valid passport from any country
- Proof of foreign income: Bank statements, tax returns, or employer letter from your home country
- Reference letter: Letter from your foreign bank confirming good standing
- Down payment: 25-30% of purchase price in cash
- No US credit score required: Lenders use foreign credit reports or alternative credit
- No SSN required: Some lenders issue loans without any US tax ID
These are portfolio loans — the lender holds them on their own books rather than selling to Fannie Mae or Freddie Mac. This is why rates are 1.5-2.5% higher than conventional. But for foreign investors looking to buy US real estate, this is the primary financing path.
Foreign national mortgages can be used for primary residences, second homes, and investment properties. Many foreign buyers use them to invest in US rental properties, vacation homes in Florida/California, or luxury condos in New York/Miami. Check if you qualify →
Foreign National Mortgage Requirements
✅ You Qualify If:
- • Valid passport from any country
- • 25-30% down payment in cash
- • Proof of foreign income (bank statements, tax returns)
- • Reference letter from foreign bank
- • No US credit history required
- • No SSN required (some lenders)
- • No US residency required
- • Property in the US (all 50 states)
❌ You Don't Qualify If:
- • Less than 25% down payment
- • No proof of foreign income
- • No foreign bank reference letter
- • Passport expired or invalid
- • Property outside the United States
- • Unverifiable source of funds
💡 FIRPTA warning: Foreign nationals selling US real estate are subject to FIRPTA withholding (15% of sale price). But when buying, there's no FIRPTA impact. Plan your exit strategy early — the 15% withholding can be reduced or eliminated with a withholding certificate from the IRS. Consult a tax advisor familiar with FIRPTA. Find FIRPTA-friendly lenders →
Foreign National vs Conventional: Side-by-Side
| Feature | Foreign National | Conventional |
|---|---|---|
| US Citizenship Required | No | Yes |
| SSN Required | No | Yes |
| US Credit History | Not required | Required (620+) |
| Green Card Required | No | Yes (or work visa) |
| Min Down Payment | 25-30% | 3-5% |
| Interest Rate (30-yr) | 7.50-9.00% | 6.25-7.00% |
| Max Loan Amount | $5M+ (jumbo) | $766,550 (conforming) |
| Loan Type | Portfolio (lender-held) | Fannie/Freddie |
| Investment Property | Allowed | Allowed (higher rate) |
| Income Documentation | Foreign income proof | US tax returns + W-2s |
How to Apply: Step-by-Step for Foreign Nationals
Gather Your Documents
Valid passport, proof of foreign income (12-24 months bank statements or foreign tax returns), and a reference letter from your foreign bank confirming good standing.
Verify Source of Funds
US anti-money laundering laws require you to prove the source of your down payment. Bank statements showing accumulation of funds are sufficient.
Get Pre-Approved with a Foreign National Lender
Not all lenders offer foreign national loans. Compare from our table above — these are specialists.
Get Pre-Approved Now →Find Your US Property
Work with a US real estate agent. Popular markets for foreign buyers: Florida (Miami, Orlando), California (LA, SF), New York, Texas (Houston, Dallas).
Close & Get Your Keys
Foreign national loans close in 35-55 days. You can close remotely via power of attorney if you can't travel to the US for closing.
Foreign National Cost Example: $1M Investment Property
| Item | Amount | Notes |
|---|---|---|
| Purchase Price | $1,000,000 | Luxury condo or investment property |
| Down Payment (25%) | $250,000 | 25% down — typical foreign national requirement |
| Loan Amount | $750,000 | $1M - $250K |
| Interest Rate | 7.75% | Avg foreign national rate July 2026 |
| Monthly P&I | $5,386 | 30-year fixed |
| Property Tax (1.0%) | $833/mo | Florida avg property tax |
| Insurance | $250/mo | Investment property insurance |
| Total Monthly | $6,469 | P&I + tax + insurance |
| Rental Income (est.) | $5,500/mo | Miami 2BR condo rental |
| Net Monthly Cost | $969/mo | Tenant pays most of your mortgage |
Example: Foreign investor buys $1M Miami condo with 25% down. Rental income covers 85% of monthly costs. Property appreciates ~4%/year historically. Rates and costs vary by lender, state, and property type.
Popular US Markets for Foreign National Buyers
| Market | Median Price | Avg Rent | Rental Yield | Why Popular |
|---|---|---|---|---|
| Miami, FL | $550,000 | $3,200 | 7.0% | No state income tax, Latin American hub |
| Orlando, FL | $425,000 | $2,500 | 7.1% | Tourism, no state income tax |
| New York, NY | $1,200,000 | $5,500 | 5.5% | Global financial capital |
| Los Angeles, CA | $975,000 | $4,800 | 5.9% | Entertainment industry hub |
| Houston, TX | $385,000 | $2,200 | 6.9% | No state income tax, energy hub |
| Dallas, TX | $445,000 | $2,600 | 7.0% | No state income tax, booming economy |
| Las Vegas, NV | $475,000 | $2,700 | 6.8% | No state income tax, tourism |
| Phoenix, AZ | $465,000 | $2,650 | 6.8% | Growing tech hub, low taxes |
Buy US Real Estate — No US Credit Required
Compare foreign national lenders in 5 minutes. No SSN, no green card, no US credit history needed.
FAQs
Can a foreign national get a mortgage in the US?
Yes. Foreign national mortgages allow non-citizens to buy US real estate with 25% down, a passport, and proof of foreign income. No SSN, green card, or US credit history required. Rates from 7.50%. Compare foreign national lenders →
What are foreign national mortgage rates in 2026?
30-year fixed: 7.50-9.00% (avg 8.25%). 1.5-2.5% higher than conventional because these are portfolio loans with no US credit history. 25-30% down required. Check your foreign national rate →
How much down payment do foreign nationals need?
25-30% for primary residences, 30-40% for investment properties. On a $1M property, that's $250K-$300K down. Some lenders accept 20% for primary residences with strong foreign income. Get pre-approved as a foreign national →
Which lenders offer foreign national mortgages?
Angel Oak (largest), Acra Lending, First National Bank of America, CrossCountry Mortgage, New American Funding. All are non-QM specialists familiar with foreign income documentation. Compare all non-QM lenders →