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Foreign National DSCR Loans

Foreign National DSCR loans for eligible U.S. rental properties.

Use property rental cash flow as a central part of the mortgage review when purchasing, refinancing, or accessing equity from eligible non-owner-occupied U.S. investment property.

How DSCR works

The property’s rental income is compared with its housing expense.

Debt Service Coverage Ratio generally compares qualifying monthly gross rent with PITIA or ITIA for the subject property. The exact rent and expense treatment depends on property and transaction type.

01

Qualifying rent

Appraiser-supported market rent, current lease information, or eligible short-term-rental documentation may be used, depending on the scenario.

02

Property expense

Principal, interest, taxes, insurance, association dues, and applicable interest-only treatment can affect the monthly housing expense.

03

Resulting DSCR

The calculated ratio, loan purpose, loan balance, property type, location, and credit profile work together to determine eligible leverage.

Interior of a professionally maintained U.S. rental property

Program range

Built for investment-property transactions.

Foreign National DSCR programs may support eligible purchases, rate-and-term refinances, and cash-out transactions with loan amounts from $150,000 to $2.5 million.

  • Available leverage depends on the loan purpose, requested amount, property cash flow, property type, location, and complete underwriting review
  • Cash-out proceeds depend on property equity, current liens, transaction history, and applicable program limits
  • No-U.S.-credit-score pathways may be available
  • First-time investors may be considered
  • Fixed, select ARM, and eligible interest-only options

Property eligibility

A range of rental-property types may be reviewed.

Property type and location can reduce maximum leverage or introduce additional documentation.

Core property type

Single-family homes

Attached and detached single-family investment properties may be eligible.

Small multifamily

2–4 unit properties

Eligible 2–4 unit properties may be considered, with location and leverage overlays.

Attached ownership

Condos and eligible condotels

Condominiums and qualifying condo-hotel projects may be reviewed under specific requirements.

Location overlay

Rural property

Eligible rural property may be considered, generally with more conservative leverage limits.

Important qualification points

What should be ready before a full loan review.

  • A valid foreign passport and applicable identity documentation
  • Evidence of required funds, reserves, and closing resources
  • Property information and purchase contract or current mortgage details
  • Lease, market-rent, or short-term-rental income support as applicable
  • Entity documents when title will be held in an eligible business entity
  • Explanation and documentation for relevant housing or credit events

Foreign National Mortgage USA

Get a Foreign National DSCR scenario reviewed.

Share the property, requested loan amount, rental strategy, and your available U.S. credit profile. The quote desk will identify the next documentation step.

Business-Purpose Investment Financing

This website presents financing intended for eligible non-owner-occupied U.S. investment properties and business purposes only. The subject property may not be occupied by the borrower or the borrower’s family when prohibited by the applicable program, and loan proceeds may not be used for personal, family, or household purposes. View the Business-Purpose Disclosure.

Program availability, occupancy requirements, loan terms, and eligibility are subject to underwriting guidelines, property review, state restrictions, and lender approval.