Loans for Non-U.S. Citizens
If you are looking to purchase a home in the United States, but don’t have a Social Security number (SSN), Waterstone Mortgage offers a variety of loan options to help you achieve the dream of homeownership.
ITIN loans
If you live in the United States and file your taxes using an Individual Taxpayer Identification Number (ITIN) rather than a Social Security number, Waterstone Mortgage’s ITIN program* is here to help!
Program Details:
- Up to 85% financing permitted
- Financing options available on primary residences, second homes, and investment properties
- FICO scores as low as 660
- No visa or employment authorization document (EAD) card required (except for DACA homebuyers)
work visa program
Our Work Visa Program** allows individuals entering the United States to purchase a home with a valid work authorization, as opposed to proof of citizenship.
Program Details:
- No United States credit required
- Must present valid United States work visa
- Foreign assets can be considered for reserves and down payment
foreign nationals loan program
If you live and work outside of the U.S. but are looking to purchase a second home or investment property in the United States, our Foreign Nationals Loan Program*** allows you to reach your goals by offering specific features designed to fit your needs.
Program Details:
- No SSN or ITIN required
- Up to 75% financing permitted
- Loan amounts up to $3 million
- Foreign assets are allowed for reserves — contact your loan originator for details
- No United States credit score is required
- Fixed-rate, adjustable‑rate mortgage (ARM), and interest‑only options available
- Available for single family, 2-4 units, warrantable and non-warrantable condos, and condotels
- Second home and investment properties only
*Financing is available through a broker relationship with NP, Inc. TPO Lending. NP, Inc. TPO Lending is not an affiliate of Waterstone Mortgage. Other restrictions or requirements may apply. Credit approval is at the sole discretion of NP, Inc. TPO Lending.
**Financing is available through a broker relationship with Advancial. Advancial is not an affiliate of Waterstone Mortgage. Other restrictions or requirements may apply. Credit approval is at the sole discretion of Advancial.
***Financing is available through broker relationships with NP, Inc. TPO Lending and Lendsure. NP, Inc. TPO Lending and Lendsure are not an affiliate of Waterstone Mortgage. Other restrictions or requirements may apply. Credit approval is at the sole discretion of NP, Inc. TPO Lending or Lendsure.
The interest-only feature allows you to make minimum interest payments for a set period of time. When the interest-only period end, the monthly payment is recalculated to include full principal and interest payments for the remaining loan term. With adjustable-rate mortgages (ARM), the interest rate is variable and may increase or decrease after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment. Geographical variations may apply. Specific information about loan adjustment period available at application.
