Hard Money Loans for Foreign Investors: Fix & Flip and Bridge Without U.S. Credit
Foreign investors can use U.S. hard money (fix & flip) and bridge loans, with options that need no SSN or U.S. credit. How they work and what you need.
Key takeaways
- Foreign investors can use U.S. hard money (fix & flip) and bridge loans, with options that need no SSN or U.S. credit.
- Many lenders only offer foreign nationals long-term rental (DSCR) loans - short-term money to buy, renovate or close fast is much harder to find.
- Our bridge loans close in 7-14 days; fix & flip loans in about 4 weeks. For foreign nationals, leverage and terms depend on the property, your experience and the file.*
- The usual exit is a sale or a refinance into a long-term foreign-national DSCR loan.
Most financing for foreign nationals in the U.S. is built around one product: the long-term rental loan. That works for buy-and-hold, but it doesn't help if you want to buy a property that needs work, or close faster than a 30-year loan allows. That's what hard money and bridge loans are for - and foreign investors can use them too.
Hard money (fix & flip) vs. bridge: which fits your deal
- Hard money (fix & flip): buy a property and fund the renovation, with the rehab budget released in draws as work is done. Terms of 12-18 months; closes in about 4 weeks.
- Bridge: short-term money to buy, stabilize or close on a deadline when the property doesn't need a full renovation. Terms of 6-24 months, up to 70% LTV; closes in 7-14 days.
- * Subject to underwriting
What a foreign investor needs
- Your passport
- Bank statements showing the down payment, reserves and enough cash to carry the project
- A U.S. LLC with an EIN to take title
- For a flip: the scope of work, the renovation budget and the expected after-repair value (ARV)
- A clear exit plan: sell, or refinance into a long-term loan
- Your track record, if you have one - experience improves leverage and pricing
No SSN or U.S. credit? You still have options
Options with no SSN or U.S. credit are available on both our fix & flip and bridge loans. Underwriting focuses on the property, your plan and your documents from home. Terms depend on the property, your experience and the file - the instant term sheet prices your exact scenario.
The exit: sell, or refinance into a rental loan
When the work is done you either sell the property, or keep it and refinance into a long-term foreign-national DSCR loan - with cash-out up to 65% LTV - so the rent pays you back and your capital is free for the next deal.
Foreign investors welcome - see your terms instantly.
Hard money (fix & flip)Frequently asked questions
Can foreign nationals get hard money loans in the U.S.?
Yes. Non-U.S. residents can use our hard money (fix & flip) and bridge loans, with options that need no SSN or U.S. credit. Terms depend on the property and the file.
Do I need flipping experience?
No, but experience improves leverage and pricing. First-time investors can qualify with a strong deal and a clear plan.
How fast can a bridge loan close?
Our bridge loans typically close in 7-14 days.
What happens at the end of the loan term?
You repay it by selling the property or refinancing into a long-term loan, such as a foreign-national DSCR rental loan.