Lenders require Foreign National Borrowers to provide a copy of a valid passport and current Visitor Visa as part of their documentation requirements.
The Visa Waiver Program is available to residents of certain countries to come to the United States and stay for a period of no longer than 90 days without obtaining a visa. These Foreign Nationals can come for either Tourism or Business reasons... Business or Pleasure.
In order for a Foreign National that qualifies for the Visa Waiver Program to obtain a Mortgage on a Second Home or Investment Real Estate, the Foreign National Borrower will need to obtain a letter certifying their Visa Waiver Program status from the nearest US Embassy or Consulate.
For more information on Foreign National Loans and the Visa Waiver Program, please visit the links below:
- Florida Mortgage | Foreign National Homebuyers - Visa Waiver Program
- Florida Mortgage | Foreign National Homebuyers - "Dollar weakens on Subprime Woes" is good news for you!
- Florida Mortgage Loans | Foreign National Homebuyers: Seasoning Funds in US Banks
- Florida Mortgage | Foreign National Homebuyers: How to get your Loan Started!
- Florida Mortgage | Foreign National Homebuyers: Europe has come calling!
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David A. Podgursky, MBA
The Mortgage Go To Guy!!
Your Source for Residential, Commercial, Investment and Relocation Mortgages in Florida
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