Yes, you read that correctly. You don\u2019t have to be a citizen<\/a> to get a U.S. mortgage.<\/p>\n\n\n\n If you\u2019re a permanent resident alien, you\u2019ll need your green card and your social security number. Your mortgage application process will be very similar to that of U.S. citizens.<\/p>\n\n\n\n If you\u2019re a non-permanent resident alien, you don\u2019t have a green card, but you have a social security number or ITIN. You can finance a home if you produce a work permit (Employment Authorization Document) or special employer-sponsored visa. Lenders must verify that you\u2019ll be able to live and work in the country for at least three years.<\/p>\n\n\n\n Non-U.S. citizens without lawful residency in the U.S. are not eligible for Fannie Mae, Freddie Mac, or FHA home loans. There are two sorts of non-citizen homebuyers in the United States \u2014 the resident who wants a primary residence and the non-resident who wants a vacation or investment property in the U.S. Each buyer may finance a property with a foreign national mortgage, but the loans are not alike.<\/p>\n\n\n\n Both permanent and non-permanent resident aliens <\/a>can obtain mortgages in America, pretty much like everyone else. They can even get Fannie Mae and Freddie Mac home loans with as little as three percent down once they live in the U.S..<\/p>\n\n\n\n The documentation requirements depend on the borrower\u2019s status. Suppose you\u2019re a non-permanent resident alien, meaning you don\u2019t have a green card, but you have a social security number. In that case, you may be able to finance a property if you produce a work permit (Employment Authorization Document) or special employer-sponsored visa.<\/p>\n\n\n\n Lenders must verify that you\u2019ll be able to live and work in the country for at least three years. If your permit is going to expire within a year, your lender must evaluate your likelihood of remaining in the country and decide accordingly.<\/p>\n\n\n\n Before America Mortgages\u2019 Foreign National Mortgage programs, it was a lot harder for borrowers outside the U.S. to finance second homes or investment properties in the U.S. These are riskier for lenders. Hence, they carry higher interest rates, often above 8%.<\/p>\n\n\n\n Borrowers also used to have to make much larger down payments<\/a> \u2014 on average, 50 percent. However, that has all changed with America Mortgages\u2019s specialized programs.<\/p>\n\n\n\n Two of the most popular programs;<\/p>\n\n\n\n \u2013 America Mortgages FNSTATED<\/a>: This is a perfect program for borrowers that either can\u2019t show the required income for various reasons such as self-employment, lumpy income, or just a privacy concern. This program doesn\u2019t require any income verification, U.S. credit, or residency and has a high LTV of 70 percent.<\/p>\n\n\n\n \u2013 America Mortgages FNFull: This is a perfect program for a borrower to show their foreign tax returns and income statements just as a U.S. citizen would. Rates are on par with what a U.S. citizen would pay, and the LTV can go as high as 50 percent without reserves required.<\/p>\n\n\n\n America Mortgages is the ONLY Asia-based U.S.-focused Real Estate financing firm with offices in Singapore, Hong Kong, and Shanghai. The ability to open an application and close a loan without ever leaving Asia may be unique, but we do it every day. One challenge foreign borrowers face is the lack of credit history. It can take years to accumulate enough credit history to generate a good score. Or any score.<\/p>\n\n\n\n However, there is help for those with so-called \u201cthin files\u201d or No Credit. America Mortgages can accept either a bank reference letter or a foreign credit report instead of a standard U.S. credit report. This is a unique feature and sets America Mortgages apart from other U.S. based lenders and brokers.<\/p>\n\n\n\n Are you a U.S. Expat, files U.S. Taxes but work for a foreign company and don\u2019t receive a W2? Oh, boy! We\u2019ve got a great program for you! Our America Mortgages Expat mortgage program is as easy as walking into your local bank in \u201cSmall Town, USA.\u201d We look at your foreign income just as we would if it was paid in USD. Your W2 is offset with other documents, and your loan is processed just as it would if you were in the U.S. It\u2019s that easy! Although it does require sufficient U.S. credit for these programs.<\/p>\n\n\n\n However, if U.S. credit isn\u2019t an option because you\u2019ve been abroad for many years \u2026 we have thought of that as well. We have programs for these borrowers as well.<\/p>\n\n\n\n America Mortgages welcomes everyone!<\/p>\n\n\n\n With over 40+ combined years of experience in U.S. mortgage banking and Asia private banking, America Mortgages<\/a> knows the type of borrowers, their problems and hurdles, and how to resolve these issues in the same time zone, without the learning curve, U.S. based banks\/brokers may have. America Mortgages welcomes anyone looking to invest or refinance U.S. Real Estate. We have programs for almost every type of borrower regardless of their passport.<\/p>\n\n\n\n For more information, please contact hello@americamortgages.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Yes, you read that correctly.<\/p>\n","protected":false},"author":4,"featured_media":2386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"templates\/template-single-post.php","format":"standard","meta":{"_acf_changed":false,"qubely_global_settings":"","qubely_interactions":"","inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[31,14,23,15],"tags":[486,139,483,485,484,482],"am_country":[],"am_audience":[],"am_format":[],"class_list":["post-2439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-think-pieces","category-foreign-nationals","category-purchase","category-refinance","tag-foreign-national-mortgage","tag-invest-in-us-real-estate-as-a-non-resident","tag-mortgage-application-process","tag-non-citizen-homebuyers","tag-us-citizen-mortgage","tag-you-dont-have-to-be-a-u-s-citizen-to-get-a-u-s-mortgage"],"acf":[],"qubely_featured_image_url":{"full":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-scaled.jpg",2560,1709,false],"landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-scaled.jpg",1123,750,false],"portraits":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-scaled.jpg",479,320,false],"thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-150x150.jpg",150,150,true],"medium":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-768x513.jpg",580,387,true],"large":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-1024x684.jpg",580,387,true],"1536x1536":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-1536x1025.jpg",1536,1025,true],"2048x2048":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-2048x1367.jpg",2048,1367,true],"qubely_landscape":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-scaled.jpg",1123,750,false],"qubely_portrait":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-scaled.jpg",479,320,false],"qubely_thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-scaled.jpg",140,93,false],"post-thumbnail":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-1200x801.jpg",1200,801,true],"twentytwenty-fullscreen":["https:\/\/www.americamortgages.com\/wp-content\/uploads\/2021\/02\/a17-1980x1322.jpg",1980,1322,true]},"qubely_author":{"display_name":"Premela R.","author_link":"https:\/\/www.americamortgages.com\/author\/premela-r\/"},"qubely_comment":0,"qubely_category":"Think Pieces<\/a> Foreign Nationals<\/a> Purchase<\/a> Refinance<\/a>","qubely_excerpt":"Yes, you read that correctly.","_links":{"self":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/comments?post=2439"}],"version-history":[{"count":30,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2439\/revisions"}],"predecessor-version":[{"id":17550,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/posts\/2439\/revisions\/17550"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media\/2386"}],"wp:attachment":[{"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/media?parent=2439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/categories?post=2439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/tags?post=2439"},{"taxonomy":"am_country","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_country?post=2439"},{"taxonomy":"am_audience","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_audience?post=2439"},{"taxonomy":"am_format","embeddable":true,"href":"https:\/\/www.americamortgages.com\/wp-json\/wp\/v2\/am_format?post=2439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Permanent resident aliens<\/h3>\n\n\n\n
If you\u2019re a permanent resident alien, you\u2019ll need your green card and your social security number. Your mortgage application process will be very similar to that of U.S. citizens.<\/p>\n\n\n\nNon-permanent resident aliens<\/h3>\n\n\n\n
Foreign national loans for non-residents<\/h3>\n\n\n\n
Borderless mortgages. Easy.<\/p>\n\n\n\nWhat about U.S. credit scoring?<\/h3>\n\n\n\n
What about U.S. Expats?<\/h3>\n\n\n\n