Buying a Home in the U.S. as a Foreign National in 2026: No U.S. Credit Needed
If you’re an international buyer looking to purchase a home, second home, or investment property in the United States — especially in desirable markets like Los Angeles — financing can often feel like the biggest obstacle. Many foreign nationals don’t have a U.S. credit score, FICO history, or established American banking relationships, which causes traditional mortgage lenders to say “no.”
Fortunately, there are specialized Foreign National mortgage programs designed exactly for buyers in your situation. One flexible option worth considering is Change Home Mortgage’s Foreign National program.
Why This Program Works Well for International Buyers
This non-QM loan program is built for foreign nationals who live and work outside the U.S. and want to buy American real estate without the usual credit barriers. Here’s what makes it stand out:
No U.S. credit score or FICO required — You don’t need American credit or reference letters.
Passport-only qualification in many cases — A valid passport is often sufficient (no visa required in eligible scenarios).
Foreign assets can be used for reserves — Your international bank accounts, investments, and assets count.
Gift funds are allowed — As long as you contribute at least 10% of your own funds.
No sourcing of large deposits — Fewer headaches proving where your down payment came from.
Interest-only options available — Great for improving cash flow, especially on investment properties.
Competitive loan-to-value (LTV) ratios — Up to 75% LTV on purchases and rate-and-term refinances.
Flexible guidelines for non-traditional borrower profiles.
Whether you’re buying a vacation home in Los Angeles, Beverly Hills, Santa Monica, or an investment property anywhere in California, this program can help you move forward when conventional lenders can’t.
Important Details You Should Know
The program is intended for foreign nationals (non-U.S. citizens and non-permanent residents) living and working primarily outside the United States.
Loan amounts are available up to $2.5 million.
Expect a higher down payment requirement (typically 25% or more) and slightly higher interest rates compared to conventional U.S. loans — the trade-off for the added flexibility and reduced documentation.
Property types include primary second homes and investment properties.
Change Home Mortgage (NMLS #1839) has been operating since 1994 and specializes in non-traditional and alternative financing solutions. They understand the unique needs of global buyers and have helped many international clients successfully close on U.S. properties.
How to Get Started as a Foreign National Buyer
Gather your valid passport and basic financial documentation from your home country.
Work with a lender experienced in foreign national loans (like Change Home Mortgage).
Choose the right property type and financing structure that fits your goals — whether it’s cash flow for rentals or a beautiful second home.
If you’re an international buyer currently looking at properties in the Los Angeles area or anywhere in Southern California, having access to this type of flexible financing can make the difference between losing out on a great opportunity and successfully closing the deal.
Ready to Explore Your Options?
As a Los Angeles-based real estate professional who regularly works with international clients, I help foreign nationals navigate the U.S. buying process — from finding the right property to connecting with suitable financing partners.
If you’re a foreign national interested in purchasing real estate in California and want more information about this Foreign National program (or other financing solutions), feel free to reach out. I can share current guidelines, walk you through sample scenarios, or help coordinate with lenders.
Don’t let the lack of U.S. credit hold you back from owning property in one of the world’s most desirable markets.
