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Foreign national loan programs are specialized lending options that cater to the needs of non-US residents who are interested in purchasing real estate property in the country. These programs offer a range of benefits that make it easier for foreign nationals to buy a home or investment property in the US.
One of the most significant benefits of foreign national loan programs is that they don’t require borrowers to have a Social Security number, green card, or visa. This means that non-US citizens can apply for a mortgage without having to go through the process of obtaining these documents, which can be a major barrier to entry for many people.