There are lots of people in other Countries, and here in America, that would love to own a home here in America but do not believe they can because they do not have a green card or are not legal residents.
There are 2 programs that can help especially if
1.) you live in another country and do not have any credit here in America.
2.) you live here but do not have any legal status
First Lets talk about the buyers that are currently living in other countries. If this is you then you are considered a Foreign National and as such there are certain items you need to have in order to purchase a vacation home or rental property here.
This loan requires 10 to 25% down depending on what country you are from as well as the following:
a. you need a passport and a visa that allows you to come here at varying times(if your country does not need a visa to come here then you require a “cedula de identidad” or other government issued ID).
If your country does require a visa to enter the U.S. but you do not have one then you can still purchase but only as an investor(slightly […]
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