Foreign National Rate-and-Term Refinance
Refinance a U.S. rental property without taking cash out.
Replace an existing mortgage on an eligible U.S. rental property. Start with the current payoff, property value, requested new loan, and rental income for a Foreign National DSCR review.
What the refinance review considers
Start with the current loan and rental records.
The mortgage desk checks the current loan and requested refinance alongside rental income, property value, ownership history, reserves, and location requirements.
Confirm payoff and ownership
Provide the current mortgage statement or payoff, the name on title, and entity records when applicable. Flag any planned ownership change before documents are prepared.
Document rental performance
Lease, market-rent, operating-history, or eligible short-term-rental documentation may be required depending on occupancy and strategy.
Review value and reserves
The appraisal, requested loan amount, monthly property expense, available assets, and post-closing reserve position all affect the final review.
Prepare before review
Have these records ready.
- Current mortgage statement and estimated payoff
- Property insurance, taxes, and association dues
- Lease, market rent, or operating history as applicable
- Ownership, entity, and signing-authority records; tell the desk if you expect to sign outside the United States
- Recent assets and reserve documentation
Foreign National Mortgage USA
Review a rate-and-term refinance scenario.
Share the property value, current lien, requested new loan amount, rental strategy, monthly rent, and property location.
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.
© 2026 Foreign National Mortgage USA. FFC Mortgage Corp. dba NonQM123, NMLS #3252. Equal Housing Lender. All loan programs, rates, terms, and eligibility requirements are subject to change without notice and are subject to credit review when applicable, property review, underwriting guidelines, and applicable state restrictions. Not all applicants or properties will qualify. This website does not constitute a commitment to lend.
Any rates, payments, loan amounts, LTVs, DSCR figures, or examples shown are for illustrative purposes only and are not guaranteed. Actual terms depend on the complete loan scenario and underwriting approval.