Our Foreign National Asset Utilization mortgage program is created for individuals whose assets held in U.S. or Canadian financial institutions. Self-employed, entrepreneurs, retirees, and those supported by investments will find it perfect for purchasing or refinancing a second home or investment property in the U.S. The program enables homebuyers to leverage their assets to qualify for a home loan, offering greater flexibility in securing financing.
Program featuresStruggling with a loan scenario? Push the button and get a solution in 30 minutes!
Write to us, we will contact you within 30 minutes.
24 hours
24 hours
24 hours
A Foreign National Asset Utilization is a program that allows borrowers with liquid oversees assets buy or refinance second home or investment properties in the US. Their income may not be easily documented, thus the 12-month reserves are required.
No, since the assets are used to demonstrate that the borrowers have the ability to repay the loan. Their liquid assets as viewed their loan collateral, required for the second home or investment property acquisition in this case.
Yes, they can. The loan program is created for borrowers with liquid foreign assets who may lack a documented income. This lets them buy or refinance a second home or an investment property in the US, using their wealth.
A foreign asset refers to any financial holding, investment, or property situated outside a borrower’s home country. This typically includes foreign bank accounts, shares in overseas companies, and real estate abroad.