Foreign National DSCR Loan Programs #Q&A

Foreign National DSCR Loan Programs #Q&A

Hi Beau, I live in Japan and hope to move to the US in a few years.
I was wondering what my options are for DSCR loans as a Foreign National. Plus,
How much down would be required? And what general terms might I expect?
Thanks,
Hugh

Timestamps
[00:33] DSCR loans geared for foreign national borrowers
[00:42] Defining “foreign national”
[00:51] What are the eligibility requirements?
[01:40] Citizens who are not eligible for financing in the United States
[01:50] Available DSCR funding
[01:57] Some of the problems that foreign nationals might encounter
[02:46] Loan to Value limit for a non-U.S. citizen
[03:29] Go to investorfinancingpodcast.com/ask to ask other questions

A foreign national alien is defined as a Borrower that does not live and work in the US. This
does not include permanent resident aliens or non-permanent resident aliens. If Borrowers do
not have a valid work VISA, or work authorization card, and live and work outside the US, they
are considered foreign national aliens. In addition, foreign national aliens are limited to loans
on 2nd homes and Business purpose/investment.
• Foreign national aliens must provide a valid passport.
• Eligible for full documentation and debt service coverage
• Borrowers with diplomatic immunity are not allowed.
• Powers of Attorney (POA) are not allowed.
• Vesting in an entity is allowed, but no part of the entity can be foreign refer to Section 5.3

Country restrictions
If the Borrower is a citizen of any of the below countries and is not either a United States
citizen or a I551 green card holder then the Borrower is not eligible for financing.
• Afghanistan
• Balkans
• Belarus
• Burundi
• Burma
• Central African Republic
• Cote d’Ivoire
• Cuba
• Democratic Republic of Congo
• Iran
• Iraq
• Lebanon
• Liberia
• Libya
• Kenya
• Myanmar
• Nigeria
• North Korea
• Russia
• Somalia
• Sudan
• Syria
• Ukraine
• Venezuela

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

💥 Thanks for watching 💥
#DSCR #dscrloans

_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
_________________________________________________________________________________________________

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.