Foreign national DSCR loans.
6 cakes take foreign national.
Every cake with a published matrix for this income type, largest loan first. Open one for its limits and matrix.
- Sponge CakeOpen matrix PDF
660+ · 75% LTV · to $3M
What the file needs.
The DSCR test on the property’s rent. No US credit or housing history is required.
- A valid passport plus a visa, an ESTA, or Visa Waiver eligibility; Canadian citizens need no visa
- A US credit report if the borrower has an SSN, or an international credit report, a bank reference letter, or 60 days of foreign bank statements
- An ACH authorization on a US bank account
- Funds to close in a US account or with the closing agent 3 days before closing
- No power of attorney
From the DSCR guidelines, version 5.0, section 4.6. The guidelines and matrix govern every file.
Read the guidelines (PDF, opens in a new tab)Check a scenario.
Enter your credit score, LTV or CLTV, and loan amount to find programs to review. Confirm your exact combination in the matrix.
Income or loan type
No U.S. credit score? Review the foreign national matrix with an AE. This filter compares numeric scores only.
These programs meet separate published ranges. Score, LTV and loan amount limits may not apply together. Check the matrix for your exact combination, purpose and property.
No programs fall within these search ranges. Ask an account executive to review the file: call (833) 717-0401 or send it over.
Send this scenario to an AETry a different search
Confirm eligibility with the matrix and guidelines before quoting or submitting a file.
Other ways to document income
Have one of these files?
Talk it through with an account executive at (833) 717-0401 before you submit, or apply to become a partner and submit in TPO Connect.
Already approved? Broker login (opens in a new tab)
