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Foreign Nationals

ForeignNational2New Penn's Foreign National Program makes buying a U.S. home easier for non-U.S. citizens.

Our proprietary program offers flexibility and fewer restrictions.  The key advantages of the New Penn Foreign National Loan Program include:

  • Borrow up to $650,000 per property
  • Fixed rate terms (10, 15, 20, 25 & 30)
  • Adjustable rates (5/1, 7/1, 10/1)
  • New home loans and refinance
  • Debt-to-income ratios are 35%/45% ("Assets for income" option)
  • No pre-payment penalties
  • Up to 65% loan-to-value financing
  • Eligible properties include single-family homes, condos and townhouses
  • Second homes okay
  • Loans are manually underwritten
  • Self-employed okay
  • Competitive interest rates
  • Available in select markets including Florida and New York

Learn how New Penn's new Foreign National Loan Program can help you purchase a home in the U.S. Call 877-475-2607 to speak with a New Penn Foreign Loan Specialist today.