Can foreign and international investors get mortgages for purchasing property in US?

[AJ Wong]

Just wanted to share some insight regarding foreign national loans and mortgages for international investors without a FICO or US credit score asI've had a a recent uptick in international buyer activity and interest. 

Increasingly Non-QM or non-conventional lenders (not Wells Fargo or Citi/Chase) will offer International investors financing from 65-80% LTV on SFR & Condos and 65-75% LTV on 2-4 units. Above 5+ units is possible but more challenging and rates are where you would expect them..50-65%LTV will be common for higher plex units, a common workarounds is if they have a US based family member or business partner with an LLC..

Some investors or lenders have specific countries of origin that are restricted or even prohibited, check with your mortgage professional. 

Oddly, foreign national loans are very efficient as there is often limited income and employment verification. 

Hope this helps.