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Specialty Program

Foreign National DSCR

U.S. investment property for non-U.S. residents.

Overview

A Foreign National DSCR loan lets buyers who live outside the U.S. finance an investment property here, qualifying on the property's rental income rather than U.S. income or credit history.

Ideal For

Non-U.S. residents investing in U.S. rental property.

Program Highlights

  • ✓Qualification based on the property's rental income (DSCR)
  • ✓No U.S. credit history or U.S. income required
  • ✓Up to 75% CLTV and loan amounts up to $3 million; cash-out allowed
  • ✓DSCR below 1.0 requires a 680 FICO or no-score option
  • ✓For investment properties only

Program terms and eligibility are subject to underwriting guidelines and may vary. 1st 2nd Mortgage Co. of N.J., Inc. is licensed in DE, VA. NMLS # 115981.