Who It Is For
Cape Coral has long attracted buyers from Canada, Europe, and beyond. These loans are for buyers who are not U.S. citizens or permanent residents and want a second home or investment property here.
- Canadian buyers looking for a winter home
- International buyers purchasing a vacation home
- Non-resident investors buying rental property
- Buyers without a U.S. credit history
How It Works
Foreign national programs use documentation from your home country in place of the usual U.S. credit report and tax returns. Lenders typically ask for a larger down payment, often 30 percent, plus reserves.
We work with several wholesale lenders that specialize in non-resident buyers. Each has its own rules on documents, countries, and property types, so we match your situation to the right one.
Buying from abroad can feel like a lot of moving parts. Our processor handles your file in house and stays in touch by phone and email, so you always know where things stand.
What You Need to Qualify
- A valid passport and visa, where applicable
- A down payment, typically 30 percent
- Reserves held in a U.S. or foreign account, as required by the lender
- Proof of income or assets from your home country
- Requirements vary by lender, and we will tell you exactly where you stand
Documents You Will Likely Need
- Valid passport, and visa if applicable
- Proof of income or a letter from your employer or accountant
- Bank statements showing funds for the down payment and reserves
- International credit reference letters, if available
- Signed sales contract, including all riders
Common Questions
Do I need a U.S. credit score to qualify?
Usually not. Foreign national lenders accept other ways to show your credit and financial history, such as reference letters from your bank. We will tell you exactly what your lender needs.
How much down payment will I need?
Foreign national loans typically require 30 percent down. Some lenders and property types may ask for more. We will confirm the figure for your specific purchase.
Can I finance a condo as a Canadian buyer?
Often, yes, depending on the building and the lender. If the building does not meet standard guidelines, we can also look at our non-warrantable condo options.
General information only, not an offer to lend. Requirements vary by lender and program, and all loans are subject to credit approval, income verification, and property appraisal.