Foreign National U.S. Mortgages
A foreign passport doesn't have to stop you. We support overseas investors, visiting scholars, accompanying parents, and traveling business clients with flexible U.S. mortgage programs.
Who Are "Foreign National Borrowers"?
In U.S. mortgage terminology, a Foreign National Borrower is someone without a U.S. green card or long-term work visa (e.g., H-1B). They typically purchase property as a Non-Resident Alien.
Common profiles include:
- Holders of foreign passports buying with B1/B2 business or tourist visas
- Visiting scholars and accompanying parents on J-1 or J-2 visas
- International students and parents on F-1 / F-2 visas
- Short-term business visitors and corporate transferees on L-1 or H-3 visas
- Other overseas individuals seeking U.S. real-estate investment
GMCC Foreign National Loan Highlights
Tailored for overseas clients, accepting a wide range of identification and documentation.
- Identity AcceptedForeign passports including Chinese passports; B/F/H/J/L visas welcome
- Down PaymentTypically 25%–40% based on assets and property type
- Loan AmountUp to $3,000,000 (subject to assets and qualifying)
- SSN/ITINSome programs accept applicants without SSN; others require ITIN
- Income DocumentationForeign bank statements, employer letters, foreign tax returns accepted
- Asset DocumentationForeign bank accounts and overseas brokerage statements accepted
- Property TypePrimary or second home, or investment property
- Loan Products30-year fixed, 5/6 ARM, Interest-Only options
Foreign National Application Process
Bilingual specialists guide every step, easing the difficulty of cross-border documentation.
Initial Consultation
Review purchase budget, visa status, and source of funds; preliminary qualification estimate.
Document Preparation
Passport, visa, overseas account statements, income documentation; certified translations as needed.
Pre-Approval
Pre-approval letter issued in 5–7 business days after submission, strengthening offer competitiveness.
Closing & Funding
Lock the rate after the contract is signed, complete appraisal and title; closing within 30–45 days.
Cross-Border Purchase Tips
- Source of Funds must be traceable: keep 3–6 months of statements
- International wire transfers from overseas to U.S. accounts are subject to FinCEN and bank rules — allow time
- China's annual foreign-exchange quota is $50,000 per person; plan accordingly
- Open a U.S. local bank account 30 days before closing to receive funds