Home Equity Line Of Credit

Foreign National

Foreign National

What is a foreign national?

Foreign nationals are not United States citizens, they will not qualify for Fannie, Freddie, and FHA mortgages, so lenders that offer them mortgages typically either keep them in the portfolio or sell them into the secondary market.

What are some types of foreign national?

  • $100,000 to $8,000,000 loan amounts with limited documentation
  • Up to 70% LTV, no prepayment penalty, or pre-penalty, five-year fixed rate, up to 40 years, interest-only payments
  • Documentation: valid passport, letter from financial institution and verification of domicile.
  • Owner-occupied, vacation homes and non owner-occupied homes, condos and townhomes
  • Private money financing of non owner-occupied 1-4 units, multifamily, land and for construction.
  • 60 days’ sourcing and seasoning of assets
  • Income verification letter from employer or CPA accepted
  • No ratio foreign national loans. No U.S. credit nor U.S. visa required.
  • Portfolio loans for foreign borrowers, no credit score required, (if no ss#) maximum 50% LTV
  • Foreign investor and foreign-owned U.S. businesses eligible for fix and flip, buy and hold and refinance

Ferrari Lending appreciate your interest in our mortgage services. To help us better understand your unique mortgage needs and provide you with tailored assistance, we kindly request that you send us a brief message outlining what you are looking for in a mortgage. Please include your name, email, and phone number so that our team can reach out to you promptly. Whether you're seeking information on interest rates, down payment options, or any other mortgage-related inquiries, your message will assist us in providing you with the most relevant and helpful guidance. We look forward to hearing from you and assisting you on your journey to securing the ideal mortgage for your goals.

I represent clients who authorize me to do so. I do not work for or represent the interest of any mortgage lender or other duly authorized entity to whom I may submit a mortgage application on behalf of a Client. My services are provided in a Mortgage Broker capacity and I am not authorized to approve or deny a mortgage loan request. NMLS 1691763 / NMLS 1322774

FERRARI LENDING NMLS1691763 ALEXANDRE FERRARI NMLS1322774 **Disclaimer:** I act as a representative for clients who provide their authorization. I do not represent the interests of any mortgage lenders or other entities to which I may submit mortgage applications on behalf of my clients. My services are rendered solely in the capacity of a Mortgage Broker, and I am not authorized to approve or deny mortgage loan requests.