What can be provided to verify the source of income from your previous country? Do they have the equivalent of U.S. W-2's/tax returns/paystubs? Are they in English?
Did you have an established credit history in your previous country?
Are you employed now? If not, then you would need to first become employed, as lenders do not lend based on "earnings potential", only what you are guaranteed to make.
If you can document you made income in your previous country, have established credit in your previous country with creditors willing to verify with U.S. mortgage lenders, and are employed now in the field that you were employed in while living in your previous country, then you could possibly use it to qualify.
As far as the source of income from your previous country, it would depend what that source is, how long you have received it and how long it is expected to continue.
Best of luck.
You did state that you have "a source of income from the country" you used to live in. There are lenders that will lend to foreign nationals based on their foreign income. The only problem is, they require 40-50% down payment. So if you can put that much down, contact me, and I will put you in touch with a great lender who might be able to help you out.
Dare to Dream.
Shel-lee Davis, QSCÂ®
Certified Distressed Property Expert â€“ CDPEÂ®
Short Sale & Foreclosure Resource â€“ SFRÂ®
Certified HAFA Specialist â€“ CHSÂ®
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty