The Doce Mortgage Group is dedicated to making homeownership a reality for everyone, including non-U.S. residents/Citizens. Our specialized mortgage loan options are designed to cater to the unique needs of foreign nationals ensuring a seamless home buying experience.
Offering diverse mortgage solutions to accommodate the varied circumstances of foreign nationals and non-U.S. residents.
Expert guidance from application to closing, simplifying the mortgage journey for international clients.
Attractive loan features that meet the specific financial needs of each borrower category.
According to the National Association of Realtors (NAR) from April 2022 to March 2023, 84,600 foreign individuals spent $53.3 billion on existing homes in the U.S..
Of these foreign buyers 57% were newcomers to the U.S. or held valid visas while about 40% were non-residents.
As global conditions improve the trend of foreign nationals investing in Florida and other parts of the U.S. is anticipated to grow further. Florida was their top destination.
In this scenario, foreign national loans played a crucial role in facilitating these transactions. As these individuals sought to invest in the U.S. real estate market, foreign national loans were instrumental in providing them with the financial means to acquire properties. This trend is expected to persist and possibly increase as more foreign buyers explore opportunities in the U.S. real estate market, particularly in sought-after locations like Florida. Foreign national loans can serve as a vital tool in enabling these individuals to participate in the American real estate market, contributing to its continued growth and diversity.
Foreign National Lending: Unlocking the Door to U.S. Real Estate for Non-U.S. Citizens and non-U.S. Residents.
Buying property in the United States as a foreign national can seem daunting due to the complex nature of mortgage processes and requirements in the U.S.A. However, The Doce Mortgage Group’s Foreign National Lending programs are designed to make this journey smoother and more accessible for non-U.S. Citizens.
Understanding Foreign National Loans
Foreign national loans are a type of non-qualified mortgage tailored specifically for non-residents in the U.S. These loans cater to those looking to purchase a house, whether for investment purposes or as a temporary residence. One of the unique aspects of these loans is their accessibility to individuals without a Social Security number, green card, or work visa. Borrowers are not required to have a FICO score but can demonstrate creditworthiness through alternative means such as bank reference letters or a credit report from their country of origin.
Eligibility and Property Types
To qualify for a foreign national loan, individuals must show a valid non-work U.S. Visa to enter the country. These loans enable the purchase of various residential properties, including single-family homes, condos, townhouses, and 1-4 residential properties, as long as they meet our requirements.
Loan Options and Benefits
The Doce Mortgage Group offers various lending services for foreign nationals, including Light Documentation loans, Debt Service Coverage Ratio loans, and Interest-Only loans. These options provide flexibility and are tailored to meet the specific financial needs of the borrower. The key benefits include the ability to finance second homes and investment properties with loans up to $5 million, including non-warrantable condos. These kinds of loans require a minimum down payment of 25% down.
Navigating the Process
The process of securing a foreign national loan involves thorough documentation and understanding of the U.S. real estate market. The Doce Mortgage Group’s mortgage advisors are equipped to guide these borrowers through each step, ensuring a clear understanding of local terms and requirements. Our expertise helps in demystifying the complexities of the mortgage loan process for foreign nationals. Our advisors speak fluent Spanish, Italian and some Portuguese.
A Gateway to U.S. Property Ownership
Foreign National Lending programs open up opportunities for non-U.S. Citizens to invest in U.S. real estate, offering a pathway to owning a vacation home or investment properties in the United States. With The Doce Mortgage Group’s tailored loan solutions, the dream of owning U.S. property becomes more attainable for foreign nationals, making it a valuable option for those looking to invest in the U.S. real estate market.
Eligibility varies by program, typically an individual that lives and works overseas.
Depending on the loan, you can purchase 1-4 unit second homes and investment properties.
Loan limits vary based on the mortgage program and the borrower’s qualifications. They range from $200,000 to $5,000,000.
Applicants typically need to provide proof of income via a Foreign CPA letter, a valid visa or visa waiver to enter the U.S.A., and evidence of creditworthiness, often through trade-lines with a two-year history, or Foreign Bank reference letters.
These loans are mainly for vacation homes or investment properties, including single-family homes, condos, townhouses and 1-4 unit properties.
Yes, individuals from OFAC sanctioned countries may not qualify for foreign national loans. While this list is fluid and is subject to change, countries on this list presently include: Russia, Ukraine, The Balkan Countries, North Korea, Ethiopia, Iran, Iraq, Syria, Uganda, Vanuatu, Yemen, Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Lebanon, Libya, Nicaragua, Somalia, Sudan, Darfur, South Sudan, Venezuela and Zimbabwe.
Alex Doce NMLS 13817.
The Doce Group NMLS 2638131.
For licensing information, go to: www.nmlsconsumeraccess.org.
Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Loan approval and terms are dependent upon borrower’s credit, documented ability to repay, acceptability of collateral property, and underwriting criteria.
The Doce Group © 2025. All Rights Reserved.
