Debbie Holmes, Gets the job done! (John L. Scott)

Spam prevention
Rainmaker
1,160,127
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Inquire in your local area for mortgage brokers that specialize on this topic.  Best of luck Debbie. 

Dec 15, 2019 08:12 AM
Rainmaker
5,174,150
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

search diligently for a well-versed mortgage officer.... 

Dec 15, 2019 08:08 AM
Rainmaker
1,572,255
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

I think a good LO or google could help you. I'm sure that there is.

Dec 15, 2019 07:30 AM
Rainmaker
3,471,112
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I don't know of a particular program but a call to a preferred, knowledgeable lender would likely be in order.  

Dec 15, 2019 06:49 AM
Rainmaker
1,566,988
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

They will not qualify for an VA Loan since they would not be able to produce a DD214, or Certificate of Eligibility. It is likely there is a clandestine Federal Government Program that none of us know about that will just give them a home, otherwise they have to earn it like all us other worker bees. That's America, the Land of Opportunity.

Dec 15, 2019 08:48 AM
Ambassador
3,501,220
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh boy, he's in a pickle - at least I think so. I would be reaching out to my best lenders. 

Good luck to him or her, Debbie.

Dec 15, 2019 07:55 AM
Rainmaker
3,270,447
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Debbie... an interesting question. I don't have an answer, but I'd check with a mortgage lender who specializes in VA loans.

Dec 15, 2019 05:49 AM
Rainmaker
2,842,539
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I would be reaching out to my preferred lender.  I wish you all the best with this. 

Dec 15, 2019 09:49 AM
Rainmaker
1,275,442
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not aware of any, but haven't looked either.  Best of luck to you.

Dec 15, 2019 09:11 AM
Ambassador
4,102,272
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

I would check with a couple different lenders in your area. Perhaps one of our lenders here knows - Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi , George Souto , John Meussner 

Dec 15, 2019 08:52 AM
Rainer
248,743
Caroline Gerardo
Pinnacle Home Loans - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Does he have his DD214? My guess is no - he can't get a VA without it. There are many foreign national programs. Is he working here now? Is the money in a US bank? He can provide translation of the funds if he can get them out.  Current OFAC restrictions with Us treasury here:

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/ques_index.aspx

 

Call me  949 784 9699

Dec 16, 2019 09:36 AM
Rainmaker
808,761
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Best bet is to go straight to a well-versed mortgage broker/officer or the VA with this question OR a Veteran Service Officer who can query the VA

Dec 16, 2019 07:36 AM
Rainer
501,666
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

We have a lender that can do anyone with a green card as long as they are eligible to stay at least 2 years, have employment etc..  Talk with your lenders in your area.

Dec 15, 2019 04:14 PM
Ambassador
2,256,496
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Contact a local, experienced lender.

Dec 15, 2019 09:56 AM
Rainmaker
789,506
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Lots of moving parts here.

Let's start with how high is the pile of USA currency this person has to complete such a purchase? If the answer is ZERO, clearly there are bigger issues.

The reality is it is easier for foreign nationals to secure a mortgage than USA citizens.  The preamble of many words suggest transgression is to occur. In this case, programs for Active service members and veterans should NOT be misappropriated.

Go the traditional route of foreigners buying USA real estate.

Dec 15, 2019 06:10 AM
Rainmaker
729,213
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

What an interesting problem! Let us know if you find a solution.

Dec 16, 2019 06:23 PM
Rainmaker
1,398,751
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Let us know what you learn, Debbie.

Dec 16, 2019 08:27 AM
Rainmaker
1,046,320
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Bilingual mortgage officer. Arabic language and English.

Dec 16, 2019 08:26 AM
Rainmaker
1,677,814
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Nope, that's a new one on me Debbie Holmes 

Dec 15, 2019 07:20 PM
Ambassador
4,440,648
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Seek out a good VA specialist in your area.

Dec 15, 2019 04:32 PM
Ambassador
2,908,969
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

none I am aware of... I've had a couple of foreign national buyers, but they paid cash.

Dec 15, 2019 01:30 PM
Rainmaker
401,698
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

I would call my preferred lenders first.

Dec 15, 2019 01:10 PM
Rainmaker
5,569,116
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I would check with my trusted local mortgage loan officer.

Dec 15, 2019 11:10 AM
Rainmaker
4,631,053
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debbie,

Reach out to the VA and the VA loan people.  A

Dec 15, 2019 10:26 AM
Rainer
53,633
Joe D'Agostino
NMLS# 729950 - Manahawkin, NJ
Mortgage Officer 46 years!

As a Veteran and Mortgage Banker, he cannot go VA. However, if you are lookling to do a 100% Finance, see if USDA Mortgage will work in your area. Both green card and visa holders can qualify for a mortgage in the U.S. ... Requirements for non-U.S. citizens to qualify for a loan vary among lenders. However, all lenders require you to prove your residency status

Dec 31, 2019 08:38 PM
Rainmaker
4,201,836
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That is very specialized, I do not.

Dec 18, 2019 07:30 AM
Rainmaker
1,272,933
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

I with I knew. As most of us say - Google it.

Dec 17, 2019 07:59 AM