You do not need US residency or a US credit score to get a mortgage here. Foreign-national loan programs exist, and here is how they work.
You can borrow as a foreign buyer
Many buyers assume they must pay all cash. In reality, foreign-national loan programs let non-residents finance a Miami purchase, often with 30 to 40 percent down, using foreign income and bank statements instead of a US credit score.
What lenders usually ask for
Expect to show identification, several months of bank statements, proof of income, and reserves that cover a number of months of payments. Terms vary by lender, and rates sit a little above those for residents. We connect you with lenders who work with international clients every day.
Start the paperwork early
An ITIN, a US bank account, and document translation can take weeks to arrange, so begin before you find the home. Getting pre-qualified first also makes your offer stronger. This is general information, not tax or legal advice, and we coordinate the right professionals for your situation.