Mortgages for Foreign Nationals

Financing for Foreign Buyers in Florida


A foreign national is a legal resident or citizen of another nation. They buy a second home or a vacation home here in the U.S. for personal use.  The foreign national lives in the US property only on a short-term basis. He or she could be here on business, or while on vacation or holiday. Foreign nationals primarily have income, employment, credit, and residency in a country other than the US. Therefore mortgaes for foreign nationals are a bit different than for US citizens. Miami Beach has a very large market for Foreign National's to purchase both Second Homes and Investment Properties.  A Foreign National Loan is a very simple process if you have your documentation in place.

Requirements for Foreign National Loans


If you are not an American resident, then banks will require certain information including:

A copy of your passport and/or visa

Four credit references: They may be any personal loans, credit cards, and/or business loans if self-employed.

Verification of income: If you are self-employed a letter from your CPA stating income. If you are employed by a company, a letter with your company’s letterhead stating position, longevity and income.

Bank statements: Usually statements for the last three months are required.

Sildy Cervera Miami Beach Luxury Real Estate

Sildy Cervera

+1 (305) 695-0129 | +1 (305) 490-7559

sildy@sildycervera.com