Foreign National Loan Program Highlights
- Competitive interest rates
- Loan amounts from $100,000 up to $750,000 per property
- Fixed-rate options available in 10, 15, 20, 25, and 30-year terms
- Adjustable-rate options including 5/1, 7/1, and 10/1 ARMs
- Maximum debt-to-income ratio up to 50% (with asset-based income options)
- No prepayment penalties
- Maximum financing up to 75% loan-to-value (LTV
- Eligible for single-family homes, condos, and townhomes
- Manually underwritten for a more personalized review
- Available to both salaried and self-employed foreign nationals
- Seller concessions allowed up to 6% when LTV is 65% or less
- Escrow accounts for property taxes and insurance are required
Is a 1099 Loan Right for You?
If you earn good money as an independent contractor but your tax returns don’t reflect your full income, a 1099 loan can give you a practical, flexible path to homeownership — without unnecessary paperwork.