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Mortgage glossary
Foreign National Loan
A loan option for certain people who are not U.S. citizens or permanent residents and want to finance U.S. property. Identification, visa or residency information, income, assets, credit, down payment, and property-use rules vary. An ITIN or Social Security number may be required by some programs.
In plain language
This term may appear in conversations, forms, or documents during the mortgage process. If something important changes in your situation, ask how it may affect your case before making a decision.
This explanation is general and educational. It is not personalized advice, a loan offer, or a promise of approval.