EveryCalc

Finance category

Mortgage, loan, investing, tax, and money calculators.

Browse finance

Foreign National Loan Pricing Calculator

Foreign national loans serve non-US-resident investors in US real estate.

$
%
%
%

Max loan

$780,000

Total rate

0.09%

Required down payment

$420,000

How the math works

Max loan = value × LTV. Total rate = base + premium.

$1.2M × 65% = $780k max loan. 7% + 2% = 9% rate. $420k down payment required.

How to Use

  1. Enter property value.
  2. Enter max LTV %.
  3. Enter base rate %.
  4. Enter foreign national premium %.
  5. Enter reserve months required.
  6. Read pricing + requirements.

Frequently Asked Questions

What is foreign national loan?

US-issued mortgage for non-resident foreigner purchasing US real estate. Borrower has no US SSN, US tax return, US credit history. Lender provides financing using: international income verification, foreign asset verification, international credit report equivalent, higher down payment, higher rates. Common in: NYC, Miami, LA investor markets.

Typical terms?

LTV: 60-75% max (vs 80-95% for US residents). Rate: 150-300 bps above US-resident rate. Down payment: 25-40% cash required. Reserves: 12-24 months of debt service. Documentation: international bank statements, employer letter, passport, visa, overseas credit reference. Some lenders require US bank account pre-closing.

Who are foreign national buyers?

Chinese, Canadian, Mexican, Brazilian, UK, and Middle Eastern investors are major groups. Motivations: US safe haven, USD diversification, residency path (EB-5 investor visa), vacation home, education (second home for children). Transaction volumes highest Miami, NYC, LA, SF. Regulatory compliance (FinCEN, OFAC) critical — AML requirements strict.

Alternative: cash + DSCR?

Many foreign buyers pay cash, then DSCR refinance after seasoning (6-12 months). Combined strategy: cash purchase (closes fast, won), then DSCR refi at seasoned property (pulls equity, reinvests). Net economics often better than foreign national mortgage. But: requires large initial cash. Wealthy foreign investors increasingly use this 2-step approach.

Related Calculators

More Finance Calculators

Browse all finance

Keep exploring

Next steps in Finance

View finance hub →