Second Mortgage

We specialize in providing home equity loans to foreign national borrowers through our innovative HELOAN (second mortgage) options. Our range of solutions includes both no documentation and full documentation options, catering to a diverse group of borrowers, including foreign nationals and individuals in need of alternative income verification.

  • Up to 65% CLTV
  • Maximum loan amount $250,000
  • Investment property maximum LTV 60%
  • 1-4 units
  • No FICO required
  • Must have a U.S. address
  • Investment property only, no primary residences

Contact us to set up a call with one of our foreign national loan experts to discuss how we can help you obtain a second mortgage as a foreign national.

Frequenly Asked Questions ( FAQs )

You can expect to put down anywhere from 30% to 40%, but the actual percentage will vary depending on the loan amount, the property itself, and the lender’s LTV guidelines. Coming in with a bit more upfront often works in your favor, both for approval odds and for the rate you are offered.

Usually yes. Even if you live abroad most of the year, lenders still need a U.S. mailing address on file for paperwork and servicing. Often the property you are buying can serve this purpose, so it is rarely a dealbreaker.

Not quite. Second home financing is for a home you will occupy, not one you will rent out. If you are looking to make money, look at investment property loans, which have different LTV caps and reserve requirements.

The basics are a valid passport and visa (if required) and proof that you have the funds for your down payment and reserves. An ITIN comes up in some cases, but it is worth noting that no-doc options exist too if you would rather skip the paperwork entirely.