Owning a Home in America is a dream everyone can achieve

As a citizen of a foreign nation, you have the opportunity to access mortgage loans and buy any property of your choice in the United States. This is what is called Foreign National Loan. A US mortgage bank will finance the property for you and give you a 30 year period to pay back the loan at a fixed interest rate. And guess what? The terms and conditions are very simple and convenient for anyone who desires to access the loan.

Sounds too good right? 

Why you need us

Our goal is to ensure we make the process easy and stress free.

How you can get started

Alright! Let’s talk about the requirements. As a general rule, all foreign nationals are expected to pay a down payment of 30% for the property they desire to purchase.
The remaining 70% is then funded by the loan providers.

For example, Lets say the total cost of the house you wish to buy is $10,000. You will have to pay $30,000 as your down payment and then the Loan provider will fund the remaining $70,000 But that’s just the first part.
Let’s look at the other requirements shall we?

01

As a client, you are expected to present a letter of intent stating the property you desire to purchase and the amount you intend to borrow

02

You will provide one letter of reference from a local banking or financial institution.

03

You will provide one letter of reference from a local banking or financial institution.

01

As a client, you are expected to present a letter of intent stating the property you desire to purchase and the amount you intend to borrow

02

You will provide one letter of reference from a local banking or financial institution.

03

You will provide one letter of reference from a local banking or financial institution.

04

A two month bank statement showing your most recent transaction history is required

04

A two month bank statement showing your most recent transaction history is required

05

A copy of your international passport issued by your federal government.

06

You are required to set up an Auto Payment Debit Account with a US banking institution, which will allow the bank to withdraw monthly mortgage payments automatically

05

A copy of your international passport issued by your federal government.

06

You are required to set up an Auto Payment Debit Account with a US banking institution, which will allow the bank to withdraw monthly mortgage payments automatically

Here are a few Advantages of the Foreign National Loan:

Testimonials

I do not live in the US, and my visits are usually brief and busy, so for me it was critical to have a loan manager that has integrity, understands what I want, and drives the process end to end with minimal input from me, while ensuring that my interests are protected. GTA Mortgage met and exceeded all my expectations. I'll recommend them any day any time for real!
Micheal Omofoma
It was 2017, as my business trips to the US became a lot more frequent, the consideration to buy a property came up. GTA MORTGAGE LLC company came highly recommended to me from 2 unrelated friends who were property owners at the time. I met the CEO in Houston Texas and they helped me secure a property in a choice location. It was a very smooth ride
James C
Initially, I was very skeptical when I heard from my friends about getting a house in the US without visiting. It took a while before I agreed to have my first meeting with the people at GTA Mortgage. But after that meeting, it was a smooth and pleasant experience getting my own house in the US without visiting and they even showed me how I can rent it out
Helen Grant

Frequently Asked Questions

Can foreigners borrow money in the United States?

If you are a citizen from another nation, you can still have the opportunity to get a mortgage loan to buy a property in the United States.

What are the interest rates for Foreign National Loans?

It refers to mortgage loans that are accessible to individuals who do not reside in US. This makes it possible for people from other countries to buy houses of their choice in US without having visa or citizenship.

What are the requirements for accessing the Loan?

Foreign National Loans can be processed within a period of 60 days or less.

What is a foreign national loan program?

The minimum down payment is usually 30% of the total price of the property you wish to purchase.

Does the interest rate change across the payment period?

Generally, you will need to provide a 2 months recent bank statement, 2 copies of your passport, a reference letter from your local financial institution [Bank] and a letter of intent from the individual applying for the loan.

What kind of properties can a person acquire with the loan?

Foreign National loans are only available for residential properties. Commercial properties are not eligible for this type of loan.

How long does it take to process a foreign national loan?

The minimum down payment is usually 30% of the total price of the property you wish to purchase.

How much is the down payment for Foriegn national Loans?

Generally, you will need to provide a 2 months recent bank statement, 2 copies of your passport, a reference letter from your local financial institution [Bank] and a letter of intent from the individual applying for the loan.

How long is the Loan period?

Foreign National loans are only available for residential properties. Commercial properties are not eligible for this type of loan.

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