Foreign National

Simplifying Financing for Foreign Nationals

Advancial’s Foreign National loan program makes navigating these complex transactions fast and easy. Our experienced team will provide quick pre-approvals and fast turn-times for borrowers, as well as help you through the entire process. Your borrower will benefit from our exceptional service and pricing.

Note: For borrowers coming to the U.S. or living in the U.S. on a valid work visa or work authorization, please refer to our Work Visa/Expatriate program.

Foreign borrowers living and working outside of the U.S. who are in need of a second home or investment property financing in the U.S.
Loan amounts up to $5MM
Max LTV 70% with acceptable foreign credit report and 50% if no foreign credit report available
Income, asset and PITI verification required (English translation required)
Unlimited cash-out refinancing available to $5MM

Program Details
Lending Area	Available in all 50 states and Washington D.C.
Acceptable Collateral	SFR, 1-4 family, High-rise Condo, Condo, Condotel, Co-op, Acreage, Hobby Farms, Second Homes, NOO
LTV Loan Amount	Max 50% LTV allowed up to $5MM Expanded LTVs allowed up to 70% with International Credit Report - Contact Account Executive for details
Income & Assets	Full documentation required - all income and asset documents must be translated into English All Income, PITI and asset documents must be translated into English
SSN / ITIN Requirement	Required by closing for 1098 Mortgage Interest Reporting purposes
Cash Out	Loan amounts up to $5MM with unlimited cash in hand No seasoning requirements on all collateral types including NOO
Asset Depletion	Yes, considered on a case-by-case basis See Asset Depletion Program for details.
Pre-approval	All loans pre-approved before appraisal order “TBD Address” pre-approvals accepted
Gifted down payment / Gifted Reserves / Gift of Equity	Yes
Rush Closings	> 2-week rush closings available Call your Account Executive for details.