Índice
- Tip 1: Understand What a Foreign National Loan Is
- Tip 2: Know the Basic Eligibility Requirements
- Tip 3: Prepare for Down Payments and Reserves
- Tip 4: Learn About Documentation Requirements
- Tip 5: Explore Loan Program Options
- Tip 6: Calculate Affordability Before You Buy
- Tip 7: Choose the Right Property Type
- Tip 8: Work with a Specialist Who Understands Foreign National Loans
- Tip 9: Understand Why Florida Is a Top Choice for International Buyers
- Tip 10: Consider Lifestyle and Long-Term Benefits
- FAQs for Foreign Nationals Buying in Florida
- Por qué trabajar con The Doce Mortgage Group
- A Smart Way to Start Your Florida Home Purchase
Conferencias magistrales
- Foreign national loans allow up to $10M for second homes or investments.
- Down payments range 25–35% with 6–12 months of reserves required.
- Florida attracts 21% of U.S. foreign property buyers in 2025.
Florida continues to be the number one destination for foreign nationals buying homes in the United States, and in 2025 the demand remains strong. International buyers are attracted to the warm climate, thriving rental market, and the long-term potential for property appreciation. Whether you are purchasing a vacation property, a second residence, or an investment home, there are financing options available specifically for international buyers. One of the best ways to start is by learning about préstamos a extranjeros, which are designed to make buying a home in Florida possible even if you don’t have a U.S. credit history or Social Security Number.
The process can feel overwhelming at first, but with the right guidance and preparation, it becomes straightforward. Below are ten essential tips that will help you navigate the process, understand what’s required, and take advantage of the unique opportunities that Florida real estate offers to international buyers.
Tip 1: Understand What a Foreign National Loan Is
A foreign national loan is a special type of mortgage created for buyers who live and work primarily outside of the United States. These loans are considered non-qualified mortgage products, meaning they don’t follow the same strict guidelines as standard U.S. home loans. They are specifically designed for people who may not have a U.S. credit score, Social Security Number, or even a green card.
One of the main benefits is accessibility. In 2025, foreign national loans in Florida allow financing of up to $10 million for eligible properties, giving buyers the ability to purchase high-value homes in prime areas such as Miami, Fort Lauderdale, Naples and Orlando. Loan terms are flexible, and buyers can choose between fixed-rate options or adjustable-rate mortgages depending on their long-term goals.
These loans are used for second homes or investment properties, not for primary residences. Many international buyers purchase vacation homes that double as rental properties, making this type of financing especially attractive. By using this loan program, foreign nationals gain access to one of the strongest housing markets in the U.S. without having to rely solely on cash purchases.
Tip 2: Know the Basic Eligibility Requirements
To qualify for a foreign national mortgage, you need to meet certain eligibility requirements. The first step is showing proof that you are legally allowed to visit the U.S. This can be done with a valid passport and a visa, or in some cases, a visa waiver. Since these loans are for international buyers, the expectation is that you primarily live and work overseas.
Another important factor is compliance with U.S. regulations. In 2025, individuals from countries under OFAC sanctions cannot qualify for foreign national loans. This list currently includes countries like North Korea, Syria, Iran, and a few others, so it’s important to confirm eligibility before applying.
Income verification is another requirement, though the type of documentation accepted is flexible. For many buyers, an accountant letter or employer verification from their home country is acceptable. DSCR programs require no personal income verification. Liquid assets also play a role in the approval process, since lenders want to see that you have enough reserves to handle payments.
These requirements are designed to keep the process fair and transparent for international buyers. While they may feel like extra steps, they are usually straightforward when working with an advisor who specializes in helping foreign nationals purchase property in Florida.
Tip 3: Prepare for Down Payments and Reserves
Foreign national loans generally require higher down payments than traditional U.S. mortgages. In 2025, the standard range is between 25 percent and 35 percent of the property’s purchase price. For example, if you’re buying a $500,000 home, you should plan on a down payment between $125,000 and $175,000.
In addition to the down payment, most programs also require reserves. Reserves are extra funds set aside to cover several months of mortgage payments, typically three to twelve months. These reserves can be held in a bank account in your home country and do not need to be transferred to a U.S. bank until closer to the closing date.
Having a larger down payment and adequate reserves not only increases your chances of approval, but also puts you in a stronger position to secure better loan terms. It demonstrates financial stability and reduces the overall risk for the mortgage provider. For many buyers, preparing funds well in advance makes the purchase process smoother and less stressful.
If you’re still in the planning stages, now is the time to start organizing funds for your down payment and reserve requirements. Once you know your target property price range, you can request a Obtenga un presupuesto gratuito to see what your financing options look like based on current market conditions.
Tip 4: Learn About Documentation Requirements
When applying for a foreign national loan, documentation is key. The good news is that U.S. mortgage specialists who work with international buyers accept a variety of documents, and many of them can come directly from your home country.
At a minimum, you’ll need a valid passport and trourist visa to begin the process. Next, you’ll be asked to provide proof of income. This can be as simple as a letter from your employer confirming your job title, income level, and how long you’ve been employed. If you’re self-employed, an accountant’s letter summarizing your business income for the past two years is typically acceptable. DSCR programs require no personal income verification.
Asset verification is another requirement. Bank statements, either from U.S. or international banks, can be used to show you have the funds necessary for the down payment, reserves, and closing costs. For buyers without a U.S. credit history, alternative credit verification may also be requested. This could include an international credit report or reference letters from foreign banks confirming your history of paying obligations on time.
The variety of acceptable documentation makes it possible for buyers from around the world to qualify. The key is to stay organized and provide everything requested as quickly as possible. Once these documents are submitted and reviewed, the approval process often moves faster than expected.
Tip 5: Explore Loan Program Options
One of the advantages of buying a home in Florida as a foreign national in 2025 is the variety of loan program options available. Every buyer’s financial situation is different, so having several paths to choose from makes it easier to find the right fit.
A popular choice for international investors is the Light Documentation loan. This program is designed for buyers who may not have U.S. tax returns or traditional financial paperwork. Instead, foreign income verification letters and bank statements from your home country can be used. These loans keep the process simpler and allow more buyers to qualify.
Another option is the Debt Service Coverage Ratio loan, often referred to as a DSCR loan. This type of loan bases qualification on the rental income of the property instead of your personal income. In other words, if the home you’re buying can generate enough rental income to cover the mortgage payment, you may qualify even without traditional income documents. DSCR loans are particularly attractive for buyers investing in short-term rental markets like Miami Beach, Fort Lauderdale or Orlando, where vacation rentals are in high demand.
Interest-only loans are also available, giving you the flexibility of lower monthly payments, especially during the first few years of ownership. Many buyers use this type of loan when they plan to resell or refinance in the near future.
Finally, you can choose between fixed-rate mortgages for stability or adjustable-rate mortgages for potentially lower starting payments. Each option has pros and cons, so speaking with a mortgage specialist who understands foreign national loans can help you select the best program for your goals.
Tip 6: Calculate Affordability Before You Buy
Before falling in love with a property in Florida, it’s important to understand how much home you can afford. Mortgage approval amounts depend on your available down payment, reserves, income verification, and the type of loan you select.
One of the best tools for foreign buyers is the Calculadora de hipotecas. By entering your potential loan amount, interest rate, and property taxes, you’ll see an estimate of your monthly payment. This is a helpful way to compare different properties and understand the total financial commitment.
It’s also smart to factor in costs that go beyond the mortgage. Property taxes in Florida vary by county, but the average effective property tax rate in Florida is about 0.86 percent based on the latest comparative data release. Homeowners’ insurance costs also need to be included, and in coastal areas, buyers should expect higher premiums because of flood and hurricane coverage. If you’re buying a condo or townhome, remember to add the homeowners’ association fees to your monthly costs as well.
Florida home prices continue to rise, with the statewide median home price in mid-2025 averaging around $415,000. Luxury properties in Miami, Naples, and Palm Beach often exceed several million dollars, while homes in smaller cities and suburban areas may fall below the state average. By knowing these numbers ahead of time, you can prepare your funds and avoid surprises during the purchase process.
Tip 7: Choose the Right Property Type
Foreign nationals have plenty of options when it comes to property types in Florida. Each type offers different advantages, and the right choice depends on your goals for ownership.
Single-family homes are a popular choice because they offer privacy and often come with outdoor space. These homes are easier to resell in the future and usually appreciate steadily in value.
Condos and townhomes are also attractive, especially in cities like Miami, Fort Lauderdale, and Orlando. Condos often include shared amenities like pools, gyms, or security, which makes them appealing for vacation use. Townhomes combine elements of condos and single-family homes, offering more space but still maintaining a community setting.
Multi-family properties, including duplexes, triplexes, and fourplexes, are a strong choice for investors. These properties allow you to collect rental income from several units, which can increase your return on investment. For many foreign nationals, multi-family properties are a way to balance personal use with income generation.
Specialty properties, such as non-warrantable condos or condotels, are also available under certain loan programs. These can be harder to finance under standard U.S. loans, but foreign national mortgages make them accessible.
Since your choice of property impacts both financing and long-term investment potential, it’s important to carefully weigh your options. If you’re unsure, a mortgage advisor can walk you through the pros and cons of each property type and how they match your financing eligibility.
Tip 8: Work with a Specialist Who Understands Foreign National Loans
Buying property in another country comes with challenges, and working with the right expert can make all the difference. Mortgage specialists who focus on foreign national loans, like The Doce Mortgage Group, are familiar with the unique documentation, income verification, and legal requirements international buyers face.
One of the biggest advantages of using a specialist is access to a smoother application process. Instead of navigating confusing paperwork alone, you’ll have guidance on exactly which documents are needed and how to submit them. This saves time and reduces the chance of delays.
The Doce Mortgage Group also offers an online resource, Nuestro portal de aplicaciones, which lets you start the process from anywhere in the world. You can upload documents, track progress, and communicate directly with your mortgage advisor, making it convenient no matter your time zone.
Another benefit of working with a Florida-based mortgage group is their understanding of local property laws and the real estate market. Whether you’re buying in Miami, Orlando, Tampa, or Naples, you’ll get advice that matches the local conditions and investment opportunities.
By partnering with a team experienced in helping foreign nationals, you gain confidence that your loan process will move forward as efficiently as possible. This step is often what separates a stressful experience from a successful one.
Tip 9: Understand Why Florida Is a Top Choice for International Buyers
Florida remains the leading U.S. destination for international homebuyers, and the numbers in 2025 show why. According to the National Association of Realtors’ 2025 report, foreign buyers purchased about $56 billion in U.S. residential property from April 2024 to March 2025, and Florida accounted for 21 percent of those purchases. This means one in five international home sales takes place in the Sunshine State.
One major reason is the state’s rental market. Cities like Miami, Orlando, and Tampa consistently attract millions of visitors each year, keeping demand for vacation rentals and long-term housing high. For investors, this means strong rental yields that help offset mortgage payments and expenses.
Another factor is Florida’s tax structure. With no state income tax, property owners can hold onto more of their earnings compared to other states. This is especially appealing for high-income international investors who want to maximize returns.
Beyond financial advantages, Florida offers something unique for buyers from around the world: cultural diversity and global connectivity. Miami International Airport, Orlando International Airport, and other hubs provide direct flights to Europe, Latin America, and Asia, making Florida an accessible destination for overseas homeowners. Combined with its warm climate and strong job growth, Florida continues to rank at the top for foreign investment.
Tip 10: Consider Lifestyle and Long-Term Benefits
While the financial side of purchasing a Florida property is important, lifestyle benefits are just as attractive to foreign nationals. The state offers a combination of sunshine, beaches, and vibrant cities that make living or vacationing there highly desirable.
Florida averages over 230 days of sunshine each year, and 250+ days in SE Florida, creating a year-round outdoor lifestyle. From boating and fishing to golf and tennis, recreation is part of daily life. Coastal cities like Naples and Fort Lauderdale attract retirees and seasonal residents, while Miami and Orlando draw families and young professionals looking for excitement and opportunity.
Education and business opportunities are another factor. Florida is home to well-ranked universities, international business centers, and a growing technology and healthcare sector. For buyers who want to mix leisure with professional or educational goals, owning a home in Florida provides both.
On the investment side, home values continue to rise. The median home price statewide in mid-2025 was about $415,000, a steady increase from previous years. Luxury real estate markets, especially in South Florida, show strong appreciation, giving international buyers the chance to build long-term equity.
For many foreign nationals, purchasing a Florida property is about creating a balance between lifestyle and investment. The ability to enjoy the home as a vacation property while also benefiting from appreciation and potential rental income makes the decision even more rewarding.
FAQs for Foreign Nationals Buying in Florida
¿Puede un extranjero obtener una hipoteca en Florida?
Yes. Foreign nationals can apply for mortgages designed specifically for international buyers. These loans do not require a U.S. credit score, Social Security Number, or green card, though proof of funds and legal ability to visit the U.S. are necessary.
What types of properties can I purchase?
Foreign national loans can be used for single-family homes, condos, townhomes, multi-unit properties, and even non-warrantable condos or condotels. Properties must be second homes or investment properties.
How much down payment is required?
In 2025, the down payment requirement is usually 25 to 35 percent of the purchase price, depending on the property and loan program.
Are there loan limits?
Yes. Loan amounts generally range from about $200,000 up to $10 million, giving flexibility to buyers across all price points.
What documents are required?
A valid passport and U.S. visa or waiver are required, along with proof of income and assets. Income verification letters from employers or accountants are accepted, as well as bank statements. If no U.S. credit history exists, international credit reports or reference letters may be used, if needed.
Are there restrictions by country?
Yes. Borrowers from OFAC-sanctioned countries do not qualify for foreign national loans. This includes countries like North Korea, Syria, Iran, and others listed by U.S. regulations.
Can I buy a primary home with this loan?
No. Foreign national loans are for second homes or investment properties only, not for primary residences.
Por qué trabajar con The Doce Mortgage Group
Navigating the U.S. mortgage process can feel complicated, but The Doce Mortgage Group has decades of experience helping foreign nationals succeed. Our team understands the unique needs of international buyers, from accepting overseas documentation to guiding clients through every step of the process.
We offer a wide range of loan options, including Light Documentation, DSCR, and interest-only programs. With loan amounts available up to $10 million, they can accommodate buyers looking for anything from vacation condos to luxury estates. For buyers who want a reliable advisor with a strong record of success, The Doce Mortgage Group is a trusted partner.
Past clients consistently highlight professionalism, efficiency, and personalized service. Feel free to check out hundreds of reviews from real buyers.
A Smart Way to Start Your Florida Home Purchase
Buying a home in Florida as a foreign national is a realistic and rewarding opportunity in 2025. With the right preparation, financing, and guidance, you can enjoy both the lifestyle and investment benefits that property ownership in the Sunshine State provides.
The best way to begin is by exploring your financing options, using tools like the Calculadora de hipotecas to estimate payments, or getting started with Nuestro portal de aplicaciones. For personalized numbers, you can also request a Obtenga un presupuesto gratuito.
Llame hoy al 305-900-2012 to take the first step toward buying your Florida home.
EN 
ES 
FR 
PT 
IT 
DE 
ZH