Can a foreigner get a mortgage in the US?
Yes. A number of US lenders offer foreign national loans for primary homes, second homes and investment properties. The programs are limited and each lender sets its own list of eligible countries and rules, so a lender with experience in international clients matters.
Typical terms
Foreign buyers usually put down 25–40%, depending on the program and property, and pay a higher rate than US residents. Plan for several months of payments in reserves. Terms change with the market, so confirm the current offer with a lender before you plan.
Documents
Expect a passport and visa or proof of status, proof of income and assets, bank statements, sometimes a credit report from your home country, and the source of the down payment. Documents in other languages may need certified translation.
DSCR loans for investors
For rental properties some lenders qualify the loan by the property's rental income (debt service coverage ratio) rather than by your personal income. This can suit investors but usually needs a larger down payment and carries higher rates.
Cash versus mortgage
Cash buyers can close faster and often negotiate better terms. Many foreign buyers start with a mortgage-free purchase and refinance later when they establish a banking relationship in the US.
How to prepare
Gather documents early, get a pre-approval, keep the funds in a clearly documented account and avoid large unexplained transfers before closing. Work with an attorney and a lender experienced in foreign national loans.
This guide is general information, not legal or tax advice. Laws and programs change — confirm details with a Florida attorney and a US tax professional.
