No SSN, Greencard or Credit History Required
It's a loan built for non US persons acquiring the safest real-estate in the world
Maximize homebuying power
Simulate debt payoff to improve debt-to-income ratios and achieve the full potential of your homebuying dreams
Upgrade to underwritten pre-approvals
Submit income and asset documents for verification and upgrade to an underwritten pre-approval.
Meet these criteria to qualify, but apply if you're close and we'll help you!
A minimum credit score of 620 is required, but 680+ is recommended for a better deal on mortgage rates.
Conventional loans are for primary residences or investment properties.
Debt-to-income (DTI) ratio should be less than 50% for housing and non-housing debts.
Limits can vary county especially in high cost areas of California or Massachusetts. The standard limit for 2026 is $832,750.
A max 3% credit is allowed for primary homes or a 6% credit with 10% down.
A minimum of 3% for first time homebuyers or 5% for repeat buyers.
PMI on conventional ranges between 0.15% - 1.5% depending on credit score.
Fixed Principal & Interest Payments
Your monthly principal and interest payment will remain unchanged throughout the loan term. You'll always know what to expect. Taxes and Insurance could change yearly.
It’s Your Shortcut to Homeownership
Private Mortgage Insurance (PMI) rates are competitive and vary based on your credit score. PMI isn't the enemy; it's the secret to homeownership. Learn how we'll help you reduce PMI and become a homeowner faster, for less.
Flexible Loan Lengths
15 or 30 year loans aren't your only options. Altgage allows you to choose any loan term between 10 and 30 years. We highly recommend 20 and 25-yr options that don't break the bank and provide maximum savings. See how they work
Zero Prepayment Penalties
Conventional loans are qualified mortgages, i.e., they have no pre-payment penalties. You can pay bi-weekly, make one-time extra payments, or pay off your loan entirely with zero penalties.
Borrow More, Dream Bigger
Conventional Loans are limited to $832,750 in 2026 in most counties in the US; however, certain high-cost areas for e.g. California, Massachusetts, and Florida qualify for higher loan amounts. Check county loan limits here
Most foreign national programs require a U.S. bank account for payments and fund verification. Major banks like Chase, Bank of America, and Citibank open accounts for non-citizens with a passport and U.S. address—the property you're buying can serve as this.
You'll need a valid passport, foreign income documentation (employer letter, business financials, or home-country bank statements), proof of funds for down payment and reserves, and an international credit reference.
Apply through Altgage. We'll match your profile to the right wholesale lender program, order a property appraisal, and guide you through the U.S. closing process.
Close in person or via power of attorney if you're abroad. Title is recorded with the local county, and you own U.S. real estate.
Obtain Pre-Approval Early
This strengthens your offer and speeds up the closing process.
Budget for Closing Costs
Expect to pay around 2-3% of the home’s price in closing costs.
Compare Loan Estimates and APRs
Mortgage rate shopping is your right a better deal. Ask for an LE before choosing your lender.
Open New Credit Accounts
Taking on new debt can impact your credit score and loan approval.
Make Large Unverified Deposits
Lenders require sourcing documentation for all deposits in excess of 1%of the loan amoutn
Change Jobs
Compare offers from multiple lenders to ensure you’re getting the best terms.
Find out how a conventional loan compares to other mortgage options and choose the best fit for your home-buying journey.
Conventional
One+
FHA
Credit Score
620+
620+
700+
Down Payment
As low as 3%
1%
10-20%+
Debt-to-Income Ratio
Up to 50%
Up to 50%
Up to 57%
Loan Limits
$832,750
$350,000
$541,287
Everything you need, in one place!
Get a mortgage in week, or a year - with you every step of the way
Sukesh was great from start to finish. I first reached out to him in June of 2023 and he got me pre-approved same day. I ended up putting in an offer on a new construction in July and Sukesh was on it every step of the way. He was always available, didn't matter the time of the day. He was also very knowledgeable, answered all of my questions and offered the best suggestions with concrete reasoning to back it up. I ended with a rate lower than market and I couldn't have been happier. My home was eventually completed in March 2024 and the closing process was fast and smooth. With Sukesh there's no such thing as a standard 30 or 45 day close, it felt more like one week close. I highly recommend Sukesh and Altgage, you won't regret it.
5-Star Review
I felt confident moving from California to Texas for a much needed fresh start to a new life
I had an excellent experience working with Sukesh Shekar at Altage Inc. From start to finish, he was professional, knowledgeable, and incredibly helpful. He took the time to explain every step of the process, and helped me through a tricky signing day with an ex. I felt confident in my loan options. His dedication and attention to detail made the entire experience smooth and stress-free. I highly recommend Sukesh to anyone looking for a reliable and supportive loan officer.
5-Star Review
Gopala lowered his costs and moved into her dream home
I wanted to thank and appreciate Sukesh for his help and support starting from the loan application process till closing of our new home. Sukesh is very transparent and provided us with eligible incentives that helped in lowering our closing costs.
He has great knowledge about different areas of mortgage needs and he works with core customer centric values to help clients fulfill their Mortgage needs.
5-Star Review
We got the the lowest rate after searching from California to Colorado
Sukesh was really awesome throughout the whole process of purchasing our new home in Boulder county Colorado. We got the lowest rates possible, and he was always looking for additional ways for us to save money. Everything was super fast, and super easy. Communication was always clear and quick. We highly recommend Altgage!
5-Star Review
Home isn't just a building. It's where you build a life
Learn everything you need to know as a first-time homebuyer
You’ve got questions, we’ve got answers
Yes. There are no restrictions on foreign nationals owning U.S. real estate—you don't need citizenship, a green card, or a visa. A foreign national mortgage finances the purchase without requiring a Social Security number, using your passport and ITIN instead.
Typically 25 to 30 percent. Some programs offer 20 percent down for borrowers with strong assets and international credit references.
Yes, typically 1–2% above conventional rates. Rates for foreign national loans generally range from 7.5% to 9.5% depending on credit profile, down payment, and property type.
Typically 45 to 60 days from application to closing, slightly longer than domestic loans due to document translation, ITIN processing, and international wire transfers.
Yes. Many foreign nationals buy investment properties specifically for rental income. You'll need to file a U.S. tax return reporting the income.
You can refinance into a conventional or standard non-QM loan once you have a U.S. credit history. This typically results in a lower rate.
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