Foreign National Loan Program

A "foreign national" loan is a loan used to acquire or refinance a property when conventional financing is not available or will simply take too long to close. A hard money loan is a great fit in the following situations:

  1. When you need to close fast (in less than 2 weeks).
  2. When the property is not generating any income (not leased).
  3. When the property needs renovations.
  4. When you don't have great credit (below 620)
  5. When you can't provide verifiable income (no tax returns available).
  6. Foreign National Borrower

At Capital Funding Financial, our Foreign National loans close very quickly... even in as little as 5 days! Our hard money loans require no personal income verification and very little documentation!

Program Overview

Loan Amount: $75,000 - $10 Million
Term Length: 6 - 36 months
Max LTV: Up to 70%
Amortization: Interest only
Interest Rate: Starting at 7.99%
Closing Time: 5 - 7 Days
Loan Use: Purchase, refinance, cash-out,
construction, renovation
Get Started Now

Speak to a Loan Advisor: 954-320-0242

Pro's About Foreign National Loans:

  • Flexibility
  • Quick closing in 5 - 7 Days
  • Interest-only payments
  • Wide range of property types
  • No Income Documentation
  • No Minimum credit requirement

What Do I Need To Qualify?

Simple... Equity in the property!

Origination Fee: 1.25% - 2.95% of the loan amount

Prepayment Penalties: None!(3+ months of minimum interest earned)

Eligible Properties for Foreign National Loans

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplex’s, triplex’s, and quadplex’s. At Capital Funding Financial, we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $75,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Capital Funding Financial, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.

Mixed Use

Mixed-use is a type of development that blends residential and commercial uses into one integrated complex or building. At Capital Funding Financial, we will lend to real estate investors in the following scenarios: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out on mixed use projects with loan amounts from $250,000+.

Retail

Retail is any property used for commercial retail space such as a storefront for selling goods or services. Capital Funding Financial will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $250,000+.

Office

Office is a property classification which generates income from tenants comprised of businesses and professionals. Capital Funding Financial will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $250,000+.

Hospitality

Capital Funding Financial will lend to experienced operators with a flag in the hotel and lodging sector. Loan amounts are $500,000+.

Other eligible properties include: Self storage, senior housing, marinas, parking facilities, automotive
Common uses include: Acquisition, refinance, cash-out, renovation / construction

Required Documents for Closing

Property
Documents

  • Purchase Contract
  • Payoff Statement (if Refinance)
  • Rent Roll & Leases 
  • Renovation Budget  (if Rehab)

Personal
Documents

  • Loan Application 
  • Track Record / Experience / SREO
  • Last Month's Bank Statement
  • Drivers License and/or Passport

Business
Documents

  • Articles of Incorporation
  • Operating Agreement (LLC) or Bylaws (Corp.)
  • EIN Letter

Is a Foreign National Loan Right For Me?

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Need to close fast? You can count on us!

Benefits of our Hard Money Loans:

  • No Income Documentation Required
  • No Minimum Credit Requirement
  • Quick Closing 5-7 Days 
  • Rates Starting at 7.99%
  • No Debt Service Coverage Requirement 
  • No Prepayment Penalty 
  • No Upfront Lender Fee
GET STARTED FOR NOW

Speak to a Loan Advisor 954-320-0242

Approval Process

Close in as little as 5 Days! From start to finish in 5 easy steps!
Step
0
Submit Loan Request
Step
0
Upload Documents & Accept LOI
Step
0
Appraisal & Title Ordered
Step
0
Final Legal Review
Step
0
Closing
GET STARTED NOW