The real estate market in Georgia is booming with Atlanta now known as the “Hollywood of the South.” That makes this an excellent time to expand your investment portfolio with hot properties in Atlanta and throughout the Southeast. As a foreign national, you can invest in regional real estate quickly and easily with a foreign national loan through Buckhead Home Loans.
What Can You Do With a Foreign National Loan?
To purchase real estate with a foreign national loan, you must be shopping specifically for an investment property. If you want to buy a primary residence, we can help you with that too, but you need to become a US resident and take out a regular home loan.
With a foreign national loan, you can purchase:
- A single family home
- A townhouse
- A condominium
- A condotel
- Commercial real estate
Many borrowers expect high interest rates, but oftentimes, foreign national loan interest rates are similar to those for conventional loans.
What are the Requirements to Apply for a GA Foreign National Loan?
While you do not need to establish a credit record in the US to be eligible to invest with a foreign national loan, you do need to provide these documents:
- A copy of your Visa
- A copy of your passport
- Proof of home country residence
- An accountant’s income letter
- An escrow letter
- An employer’s income letter
- Two credit card reference letters
- Two recent bank statements
- Two bank reference letters
- A copy of your purchase contract
Don’t have an employer? That is just fine. We can work with self-employed applicants as well.
You do need to be able to make at least a 25% down payment on the property you are investing in as a foreign national.
Apply Now for a Foreign National Loan in Atlanta or Beyond
Real estate moves quickly in the Southeast. If you have found your dream property, we can help you close fast.
Please give us a call today at (404) 303-7411. We have offices in Roswell, GA, Pensacola, FL, and Lake Wylie, SC, and work with foreign national borrowers throughout the states of Georgia, Florida, Alabama, North Carolina and South Carolina.