Foreign National Loans

Foreign National Mortgage Loans, Foreign National Lender

Miami Mortgages for Foreign NationalsAt Point Mortgage, we provide financing for non U.S. Citizens. Our foreign national loan programs feature low documentation with quick, easy approval. We specialize in providing financing to international borrowers. These loan programs are specially designed for foreign nationals to streamline and expedite the loan process.

What Buyers Need To Know About Today's Foreign National Mortgage Market

In today’s market, foreign national buyers are flocking to U.S. housing market for second homes and investment properties.  Recently, Mortgage guidelines have eased for foreign national buyers just like they have for domestic ones.

It is difficult to obtain foreign national investor mortgages at the National Banks .They usually do not offer this program to finance foreign national investment properties . However, the mortgage funding market has programs available. In every U.S. market, there are always local or offshore banks and investment funds with direct ties to the community. These institutional investors know the local real estate market and make common sense loan underwriting guidelines / decisions and are pleased in offering  this type of financing to Non U.S. Residents in Miami and South Florida. Our international Foreign National Loan Program is tailored to each individual’s objective.

America's shores have welcomed individuals from around the world, many of whom were looking to start anew in an unfamiliar land. That continues right up until present day, as people continue to strive for the opportunity America promises.

In a 2011 study, the National Association of Realtors showed the increasing popularity of American real estate. According to the report, $1.07 trillion in existing home sales were recorded between the months of March 2010 and March 2011. Of that total, $82 billion in sales were generated by buyers born outside of the United States, an increase from $66 billion the previous year.

A significant portion of those buyers were foreign nationals - non-citizens who resided in the United States and were looking to purchase a permanent home. Experts note American real estate was attractive to these buyers for many of the same reasons it is to citizens - affordable prices and attractive mortgage terms. However, in many ways, foreign nationals' demand for American homes helped propel domestic real estate markets during difficult times.


Residential Programs

Florida Mortgages for Foreign Nationals

Types of Programs:

Payment Features:

Loan Size:

Title to Property:

Sample Required Documentation:

  1. Valid Passport and US Visa
  2. Copy of the last 2 bank statements
  3. Two credit reference letters
  4. Two banking reference letters
  5. For Self-employed: Accountant's letter stating the last 2 years of income.
  6. Employees: Employer’s letter stating the last 2 years of income.
  7. Copy of Corporation or LLC information ( if title will held in corporation)
  8. Copy of the purchase contract -Property types: Condominiums, Single Family Residences, Townhouses, Condo-Hotels, Luxury Condominiums.
  9. * Additional documentation may be required by loan underwriter / investor

For additional information, please call us now at 305-271-9349 to speak to one of our foreign national mortgage specialists or apply online and one of our foreign national loan specialists will email or call you today.