Foreign National DSCR Loans

How non-US-resident investors finance US rental property via foreign-national DSCR programs.

Foreign-national DSCR loans let non-US residents and non-US citizens acquire US rental property. Specialty lenders fund foreign-national DSCR using property cash flow rather than personal income.

Who qualifies

Non-US-citizen, non-US-resident investors generally qualify. Foreign nationals on student or work visas may have alternative paths. Documentation requirements vary by lender and country of origin.

Typical terms

Down payment 30-50%. Interest rates 10-13%. Max LTV 60-70%. 30-year amortization with 5/1, 7/1 ARMs common. LLC vesting required.

Source-of-funds documentation

Foreign bank statements (translated and certified), notarized passport, source-of-funds memo, ITIN application, US LLC formation. Some lenders require letter of reference from foreign bank.

Run the numbers: DSCR calculator

ITIN mortgage loans — Not the same population — an ITIN mortgage is for someone filing US taxes without an SSN, not a non-US resident abroad.

Lenders in the directory writing foreign-national DSCR loans

Filtered directly from each lender's own products tag in the directory — not a claim that a lender supports this specific strategy, only that it originates this loan program. See the full directory for terms, minimums and each lender's verification date.

Lendai Finance

Frequently asked questions

Can I close before getting an ITIN?

Most lenders accept ITIN application in process at close. ITIN required for tax filings; not necessarily required to close.

What countries are most active for FN DSCR?

Mexico, Canada, China, India, Brazil are the largest investor source countries. Specialty lenders may have country-specific underwriting.

Are FIRPTA withholding requirements applicable?

Yes — FIRPTA requires 15% withholding on sale proceeds when foreign investor sells US real estate. Plan for this at exit.

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