Get Pre-Qualified
Fill out the form below and we’ll get back to you within 24 hours.
The Refinance Foreign National Loan Program is designed for international property owners who want to improve their rate, access equity, or restructure their U.S. mortgage with strong pricing, flexible refinance options, expert foreign national guidance, and a fast, streamlined closing process. You can choose between a Full Documentation option for premium pricing and higher LTVs, or a Reduced Documentation (DSCR) option that qualifies you based on rental income and property cash flow with minimal paperwork.
Ver detalles del programa en Español
Complete this form to connect with a Barcorp Financial Group Representative
Refinancing as a foreign national starts with a review of your current U.S. mortgage, property type, and goals—whether you want a better rate, lower payment, equity access, or a different structure. From there, you choose between Full Documentation, where approval is based on a complete review of your verified income, employment, assets, and credit (often resulting in stronger pricing and higher LTV up to 75%), or Reduced Documentation (DSCR), where approval is based primarily on the property’s rental income and cash flow, with no personal income verification, no U.S. credit requirement, and LTV up to 70%. Once the path is selected, we collect the appropriate documentation, order appraisal/rental analysis as needed, underwriting reviews the file under the chosen program’s rules, and at closing your existing U.S. mortgage is paid off and replaced with the new foreign national refinance at your updated rate, terms, and balance.
Feature | Detail |
Program Type | Full Documentation Foreign National Refinance |
Purpose | Rate-and-term refinance or cash-out refinance |
LTV | Up to 75% LTV for qualified borrowers |
Loan Amount | From $150,000+ |
Property Types | Single-family homes, condos, and townhomes (second home or investment) |
Occupancy | Second homes and non-owner-occupied / investment properties |
Qualification Basis | Full review of income, employment, assets, and credit (foreign and/or U.S., per guidelines) |
Terms Available | 30-year fixed and adjustable-rate (ARM) options |
Ownership Options | Personal name or LLC ownership (subject to program rules) |
Prepayment Penalty | Typically 1–3 years (optional, depending on program selection) |
Documentation Type | Full income, employment, asset, and credit documentation |
Typical Closing Time | Approximately 3–5 weeks, depending on documentation and property conditions |
Feature | Detail |
Program Type | Reduced Documentation / DSCR Foreign National Refinance (investment only) |
Purpose | Rate-and-term refinance or cash-out refinance |
LTV | Up to 70% LTV, based on DSCR and program guidelines |
Loan Amount | From $150,000+ |
Property Types | Single-family, condo, townhouse, and 2–4 unit properties (investment only) |
Occupancy | Non-owner-occupied / investment properties only |
Qualification Basis | Property cash flow and Debt Service Coverage Ratio (DSCR), not personal income |
Income Documentation | No personal income verification (no tax returns, pay stubs, or employment letters) |
Credit Requirements | No U.S. credit score required; foreign profile reviewed per lender/program rules |
Terms Available | 30-year fixed and adjustable-rate (ARM) options |
Ownership Options | Personal name or LLC ownership (subject to guidelines) |
Prepayment Penalty | Typically 1–3 years (optional, depending on program selection) |
Documentation Type | Reduced documentation focused on assets, property, and DSCR |
Typical Closing Time | Approximately 2–4 weeks, depending on documentation, appraisal, and property conditions |
BarCorp Financial Group, NMLS #1746897. BarCorp Financial Group is a mortgage broker and does not make commitments or fund loans. Information provided is for general informational purposes only and is not a loan approval, Loan Estimate, or commitment to lend.
All loans are subject to underwriting approval, lender guidelines, and property qualification. Not all applicants will qualify. Product availability, interest rates, and terms are subject to change without notice and may vary by lender and state. Equal Housing Lender.
Fill out the form below and we’ll get back to you within 24 hours.