Can a foreign national get a DSCR loan?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes. DSCR loans are a leading option for foreign nationals because they qualify on the property's rent without U.S. credit or income. Expect 25% to 35% down and verified foreign assets.
They're widely used for Miami and coastal rental purchases. We work with lenders experienced in foreign national DSCR closings and will guide the documentation.
Yes, a strong fit
Yes. DSCR loans are one of the best options for foreign national investors because they qualify on the property's rent, not your U.S. income or credit.
That removes the biggest hurdle foreign buyers face, since you may not have a Social Security number or a U.S. credit file.
Typical requirements
Foreign national DSCR loans usually ask for a larger down payment, often 25% to 30%, and some reserves. The property's rental income does the heavy lifting on qualification.
Florida is a top market for international investors. Apply now and we will map a DSCR loan for your Florida rental.