Foreign National Loans

People from all over the world visit San Diego for business as well as pleasure. Some of these foreign nationals spend a significant amount of their time here in the states, away from their home countries. It can be exhausting staying in hotels and various other rental properties. Purchasing a home here in the states can be very appealing for foreign nationals but there can be many roadblocks related to credit and employment. A foreign national portfolio loan from Synergy One Lending is designed to overcome the various obstacles foreign nationals may face when purchasing a property in the US.

One of the most common issues foreign nationals face is that they often do not have a credit score like US citizens do. Credit scores can play a large factor in the traditional loan approval process. Credit reports are still available for many of these individuals, but the scoring system is not the same as it is here. By obtaining and reviewing these credit reports, we are able to assess the credit worthiness of foreign nationals and offer mortgages when other lenders cannot.

Other issues may arise related to employment verification, especially for those foreign nationals who are self-employed. Thorough background checks allow us to verify employment and the existence of companies so that we can offer mortgage loans to these unique individuals.

In some cases, foreign nationals may be seeking investment opportunities in the US, rather than a temporary home. Foreign national loans from Synergy One Lending are available for investment properties up to $2,000,000.

Foreign national pic

Below are some of the features and benefits of a Foreign National Loan.

  • Loan amounts from $200,000 up to $2,000,000
  • US Credit Score is not required.
  • Investment properties as well as second homes can be purchased
  • Self-employed foreign nationals may qualify
  • No pre-payment penalties
  • Down payments as low as 30 percent

Whether you are looking for an investment property or a home away from home, Synergy One Lending offers foreign national loans throughout San Diego, Chula Vista, Point Loma, and Coronado. Flexible underwriting and financing options allow us to tailor a solution to meet your exact needs. Contact us today for more information on foreign national loans or to begin the qualification process.