In a lot of cases, foreigners will usually make cash purchases for properties in the US but mortgages are available to non US citizens.
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Velox Realty Group
Keller Williams Salt Lake City
Whether its cash or just financing, foreign buyers can definitely acquire property. We assist foreign investors and second home buyers consistently. We also have connections to financing programs in a majority of the states for foreign purchasers and investors to acquire homes in the US.
Hope this helped,
Senior Vice President of Real Estate
I just had a potential client that's a foreign national. I asked some loan brokers whether they can get a loan, and the answer is no (in general). They can buy-- but with cash. Also, there maybe hard money lenders that would do it. And when they sell, beware of the withholding in escrow for foreigners.
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