Can I get a mortgage if I'm a non-resident or foreign national buying property in Oregon?

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by jeanie , in category: Real Estate , 6 months ago

Can I get a mortgage if I'm a non-resident or foreign national buying property in Oregon?

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1 answer

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by berta , 18 days ago

@jeanie 

Yes, it is possible for non-residents or foreign nationals to get a mortgage to buy property in Oregon. However, the process may be more complex and the requirements may be different than for residents.


Lenders typically require non-residents or foreign nationals to have a higher down payment, a strong credit score, and proof of income and assets. They may also require additional documentation such as a valid visa, passport, and proof of residence outside the United States.


It is recommended to consult with a mortgage lender or financial advisor who specializes in working with non-residents or foreign nationals to understand the specific requirements and options available for getting a mortgage in Oregon.