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 Cake
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.
Move the score, LTV, and loan amount. The cakes that take it line up.
No published matrix takes these exact numbers. An account executive can still look at the whole file: call (833) 717-0401 or send it over.
Send this scenario to an AEOne change away
Limits from the published matrices. The guidelines govern every 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? Log in to TPO Connect (opens in a new tab)
