Buy or refinance U.S. investment property as a non-U.S. citizen, with no Social Security number, no U.S. credit score, and no U.S. tax returns. Loans from $75,000 to $3,000,000, qualified on the property’s rental income or on documented foreign income. Two qualifying paths — you only need to satisfy one.
75%Max LTV, purchase
$3.0MMax loan amount
No FICOU.S. credit not required
12 mo.Reserves required
What foreign national financing is
Foreign national financing lets a borrower who is not a U.S. citizen, and who has no U.S. credit profile, purchase or refinance residential investment property or a second home in the United States.
Traditional lenders decline these files almost automatically. Their underwriting engines require a Social Security number, a domestic credit score, and U.S. tax returns, and a file missing all three fails before a human ever reads it. This program does not work that way.
Instead of asking what does your U.S. credit report say?, it asks two far more practical questions: does the property support the payment, and can you document the money. Those two questions produce two separate qualifying paths, and you only need to satisfy one of them.
The two qualifying paths
Path 1 — DSCR (rental income qualifying)
The property qualifies, not you. CR Equity AI divides the property’s gross rental income by its proposed monthly payment — principal, interest, taxes, insurance and any HOA dues. That ratio is the DSCR. Your personal income is never collected, never verified, and never calculated into a debt-to-income ratio.
This is the path most investors use. Available for investment property only.
Path 2 — Full Documentation (income qualifying)
You qualify on documented foreign income. Income is evidenced by a letter from a licensed accountant covering the prior two years plus year-to-date. U.S. tax returns are not required, and foreign tax returns are not the primary document. Your debt-to-income ratio must be 43% or lower. Rental coverage is not considered on this path.
This is the route when the property’s rent does not cover the payment, or when the property is a second home rather than a rental.
Which path should you use?
| DSCR | Full Documentation | |
|---|---|---|
| Qualifies on | The property’s rental income | Your documented foreign income |
| Personal income verified | Never | Accountant letter, 2 years + YTD |
| Debt-to-income ratio | Not calculated | 43% maximum |
| Occupancy allowed | Investment only | Investment or second home |
| Works when rent is weak | Only at reduced leverage | Yes — rent is not considered |
| Documentation load | Lighter | Heavier |
If the property cash-flows, DSCR is almost always faster, lighter on documentation, and available at higher loan amounts. If it does not cash-flow, or you intend to use the property personally, Full Documentation is the path. You do not need to decide this in advance — CR Equity AI runs your scenario against both and tells you which produces the better outcome.
How DSCR is calculated
DSCR stands for Debt Service Coverage Ratio. It answers one question: does the rent cover the mortgage payment?
DSCR = Gross Rental Income ÷ Proposed PITIA
PITIA is Principal + Interest + Taxes + Insurance + Association dues. On an interest-only loan the calculation uses ITIA instead — interest, taxes, insurance and association dues, with no principal component.
A DSCR of 1.25 means the rent covers the payment 1.25 times over, a 25% cushion. A DSCR of 1.00 means rent exactly equals the payment. A DSCR of 0.80 means the rent covers only 80% of the payment and you fund the shortfall from your own pocket every month.
Coverage tiers and what they cost you
| DSCR | Eligibility and effect |
|---|---|
| 1.25 or higher | Strongest tier. Best available pricing and the widest range of leverage and loan-amount options. |
| 1.00 – 1.24 | Fully eligible. Pricing is modestly higher than the 1.25+ tier. |
| 0.75 – 0.99 | Eligible, but leverage tightens materially and pricing rises. Requires minimum 680 FICO or the No-FICO path. Not available on condominiums or condotels. Cash-out capped at 70% CLTV. |
| Below 0.75 | Eligible at the lowest leverage tiers only, at the highest pricing. Requires minimum 680 FICO or No-FICO. Not available on condominiums or condotels. Cash-out capped at 65% CLTV. |
| Condos & condotels | All condominium and condotel properties require DSCR of 1.00 or higher. There is no sub-1.00 option on these property types. |
A sub-1.00 DSCR is a real monthly obligation, not a technicality. If your DSCR is 0.85 on a $4,200 payment, you are committing to fund roughly $630 per month out of pocket — before vacancy, maintenance, management, or a single unexpected repair. CR Equity AI models that carry figure explicitly for your scenario, so you are underwriting it rather than discovering it.
How much you can borrow
DSCR — purchase and rate/term refinance
| Property type | Min FICO | Max LTV/CLTV → max loan amount |
|---|---|---|
| 1-unit SFR, PUD, 2–4 unit, condo | 700 | 75% → $1.0M · 70% → $1.5M · 60% → $2.0M · 55% → $2.5M · 50% → $3.0M |
| 1-unit SFR, PUD, 2–4 unit, condo | 680 | 75% → $1.0M · 70% → $1.5M · 60% → $2.0M · 55% → $2.5M |
| 1-unit SFR, PUD, 2–4 unit, condo | 660 | 65% → $1.5M |
| 1-unit SFR, PUD, 2–4 unit, condo | No FICO | 75% → $1.0M · 70% → $1.5M · 60% → $2.0M · 55% → $2.5M · 50% → $3.0M |
| SFR rural, PUD rural | 700 | 75% → $1.0M · 70% → $1.5M · 60% → $2.0M · 55% → $2.5M · 50% → $3.0M |
| SFR rural, PUD rural | 680 | 75% → $1.0M · 70% → $1.5M · 60% → $2.0M · 55% → $2.5M |
| SFR rural, PUD rural | No FICO | 75% → $1.0M · 70% → $1.5M · 60% → $2.0M · 55% → $2.5M · 50% → $3.0M |
| Condotel | 680 / No FICO | 70% → $1.0M |
No debt-to-income ratio is required on this path. Minimum 12 months reserves applies to every scenario.
Note what the No-FICO row does. Having no U.S. credit is not treated as a deficiency in this program. The No-FICO tier reaches the same 50% → $3.0M ceiling as the 700-FICO tier, and exceeds the 680 tier. If you have never held U.S. credit, you are not being penalised for it.
DSCR — cash-out refinance
| Property type | Min FICO | Max LTV/CLTV → max loan amount |
|---|---|---|
| 1-unit SFR, PUD, 2–4 unit, condo | 680 | 70% → $1.0M · 60% → $1.5M · 50% → $2.0M |
| 1-unit SFR, PUD, 2–4 unit, condo | 660 | 55% → $750K |
| 1-unit SFR, PUD, 2–4 unit, condo | No FICO | 70% → $1.0M · 60% → $1.5M · 50% → $2.0M |
| SFR rural, PUD rural | 680 | 70% → $1.0M · 60% → $1.5M · 50% → $2.0M |
| SFR rural, PUD rural | No FICO | 70% → $1.0M · 60% → $1.5M · 50% → $2.0M |
| Condotel | 700 / 680 / No FICO | 65% → $500K · 60% → $500K · 65% → $500K |
Plan your equity math around the cash-out column, not the purchase column. A 700-FICO borrower reaches 75% leverage on a purchase but tops out at 70% on a cash-out — and the 700 tier does not appear in the cash-out grid at all, which begins at 680. Cash-out is structurally more conservative across every property type. If a refinance is your exit, model it now.
Full Documentation — purchase and rate/term refinance
| Property type | Min FICO | Max LTV/CLTV → max loan amount |
|---|---|---|
| 1-unit SFR, PUD, 2–4 unit, condo | 700 | 75% → $1.0M · 70% → $1.5M · 65% → $2.0M · 60% → $2.5M · 55% → $3.0M |
| 1-unit SFR, PUD, 2–4 unit, condo | 680 | 75% → $1.0M · 70% → $1.5M · 65% → $2.0M · 60% → $2.5M |
| 1-unit SFR, PUD, 2–4 unit, condo | 660 | 65% → $1.5M |
| 1-unit SFR, PUD, 2–4 unit, condo | No FICO | 75% → $1.0M · 70% → $1.5M · 65% → $2.0M · 60% → $2.5M · 55% → $3.0M |
| SFR rural, PUD rural | 700 | 75% → $1.0M · 70% → $1.5M · 65% → $2.0M · 60% → $2.5M · 55% → $3.0M |
| SFR rural, PUD rural | 680 † | 75% → $1.0M · 70% → $1.5M † |
| SFR rural, PUD rural | No FICO | 75% → $1.0M · 70% → $1.5M · 65% → $2.0M · 60% → $2.5M · 55% → $3.0M |
| Condotel | 680 / No FICO | 75% → $1.0M |
Maximum DTI 43%. Minimum 12 months reserves. † The 680-FICO rural tier is published with only two leverage points, unlike the comparable 700 and No-FICO tiers which extend to five. CR Equity AI is confirming in writing whether the lower-leverage options are available at this tier before relying on this row for any scenario.
Full Documentation — cash-out refinance
| Property type | Min FICO | Max LTV/CLTV → max loan amount |
|---|---|---|
| 1-unit SFR, PUD, 2–4 unit, condo | 680 | 70% → $1.0M · 60% → $1.5M · 55% → $2.0M |
| 1-unit SFR, PUD, 2–4 unit, condo | 660 | 55% → $1.0M |
| 1-unit SFR, PUD, 2–4 unit, condo | No FICO | 70% → $1.0M · 60% → $1.5M · 55% → $2.0M |
| SFR rural, PUD rural | 680 / No FICO | 70% → $1.0M · 60% → $1.5M · 55% → $2.0M |
| Condotel | 700 / 680 / No FICO | 65% → $500K · 60% → $500K · 65% → $500K |
How much cash you can actually take home
Leverage limits set the loan size. A separate rule caps the cash you may walk away with:
| Cash-out limit | When it applies |
|---|---|
| No stated limit | CLTV below 55% and minimum 680 FICO |
| $1,000,000 maximum | CLTV 55–65%; or CLTV above 65% with minimum 700 FICO; or CLTV at or below 55% with FICO under 680 |
| $500,000 maximum | CLTV above 65% with FICO under 700 |
Delayed financing is priced as a cash-out transaction. Non-occupying co-borrowers are not eligible on cash-out. Non-permanent residents require minimum 700 FICO.
Who qualifies
Visa status
You must hold one of the following, or enter under the Visa Waiver Program with a valid ESTA:
B-1 · B-2 · F-1 · H-2 · H-3 · I · J-1 · J-2 · P-1 · P-2 · Visa Waiver Program with valid ESTA
This is a non-immigrant visa program. If you hold a green card or an employment-based immigrant visa, you are likely eligible for conventional financing at materially better terms — tell CR Equity AI and that route will be priced instead.
Credit
| Minimum FICO | 660 if you have a U.S. credit score — or no score at all, via the No-FICO path. Both are fully eligible. |
| Tradelines | One bank reference letter from your primary banking relationship. No U.S. tradeline history required. |
| Mortgage history | 0x30x12 and 0x90x24 — no payment 30+ days late in the past 12 months on any mortgage, none 90+ days late in the past 24 months. |
| Credit events | 48 months seasoning. Includes bankruptcy, foreclosure, short sale, deed-in-lieu, loan modification, forbearance, and any account 120+ days delinquent. |
Country-specific requirements
Venezuela. Must qualify under the DSCR path. Maximum 60% CLTV on purchase and rate/term, 55% CLTV on cash-out. 12 months reserves.
Russia and Ukraine. Nationals of Russia and Ukraine are eligible under the Foreign National DSCR program. However, income and assets originating from Russia or Ukraine will not be accepted — the funds and the qualifying income must be sourced elsewhere.
This distinction is frequently misread. Citizenship and the location of your money are evaluated separately. A Russian or Ukrainian national with income and assets held in, for example, the UAE or the EU can proceed. The same borrower funding the purchase from a Russian or Ukrainian account cannot. If this applies to you, raise it before you move funds — the sequencing is fixable in advance and very difficult to fix mid-file.
Assets and reserves
| Sourcing & seasoning | All assets sourced and seasoned 30 days, including overseas assets. Documentation valid 120 days. |
| Reserves | 12 months of the proposed payment, every scenario, both paths — in addition to down payment and closing costs. |
| Gift funds | Permitted. On investment transactions you must contribute a minimum 10% from your own funds. |
| 1031 exchange | Eligible. |
| Asset utilization | Full Doc alternative: 100% of cash and money-market balances, 100% of publicly traded securities, 80% of retirement balances. 3 months seasoning; assets held in the U.S. or Canada. |
Reserves are the most common reason a strong file stalls. Twelve months of reserves on a $700,000 loan is a meaningful figure sitting untouched in an account, on top of a 25–45% down payment. Confirm the reserve figure early — it is the single number most borrowers underestimate when they first model the deal.
Prior ownership and first-time buyers
On the DSCR path you must either own your primary residence, or have owned residential property at some point in the past 36 months, evidenced by a third-party residency letter — an accountant letter, utility bill, or tax bill.
First-time buyers are eligible under separate, tighter parameters: maximum loan amount $1,000,000, maximum CLTV 65%, minimum 680 FICO or the No-FICO path, DSCR above 1.00 or DTI at or below 43%. Interest-only, mixed-use and multifamily are not permitted for first-time buyers.
Eligible properties
| Single family, townhome, PUD | Standard leverage tiers apply. |
| 2–4 unit | Eligible. This is the ceiling — five units or more is multifamily and not eligible. |
| Condominium | Warrantable and non-warrantable both eligible. Minimum DSCR 1.00. Florida condominiums priced separately. |
| Condotel | Eligible at reduced leverage and loan amounts. Minimum DSCR 1.00. Cash-out caps at $500,000. |
| Rural SFR / PUD | Maximum 75% CLTV, minimum 680 FICO. |
| Short-term rental | Airbnb/Vrbo-style operation eligible at maximum 70% CLTV. Condotels excluded from STR treatment. |
| Leasehold | Eligible. |
Not eligible — confirm before you go under contract. Mixed-use property · multifamily of five units or more · manufactured housing · primary residences. These are hard exclusions, not pricing adjustments. A ground-floor retail bay under residential units makes a building mixed-use and takes it out of this program entirely.
Eligible states — investment
AK · AL · AR · AZ · CA · CO · CT · DC · DE · FL · GA · IA · ID · IL · IN · KS · KY · LA · MA · ME · MI · MN · MO · MS · MT · NC · ND · NE · NH · NJ · NM · NV · NY · OH · OK · OR · PA (excluding Philadelphia County) · RI · SC · SD · TN · TX · UT · VA · VT · WA · WI · WV · WY
† Maryland carries additional conditions, including exclusions for Baltimore County and Baltimore City. A small number of other states carry licensing-dependent conditions. CR Equity AI confirms your specific state and county in writing before you commit to a property. Do not rely on this list alone for a Maryland transaction.
Loan structure and terms
| Term | How it works |
|---|---|
| 30-year fixed | Rate and payment fixed for the full 30 years. The default choice for a long hold. |
| 40-year fixed | Lower monthly payment across a longer amortization, with a pricing adjustment. Useful when DSCR is the binding constraint, because a lower payment raises the coverage ratio. |
| 5/6 ARM | Fixed 5 years, then adjusts every 6 months. Caps 2/1/5. |
| 7/6 ARM | Fixed 7 years, then adjusts every 6 months. Caps 5/1/5 — note the larger 5% first adjustment. |
| ARM index & margin | Index SOFR, margin 5.00%. After the fixed period your rate becomes SOFR plus 5.00%, subject to the caps. |
| Interest-only | Available on 5/6 ARM, 30-year fixed and 40-year fixed. 120-month IO period, then 240 or 360-month amortization. Minimum 680 FICO. Not available to first-time buyers. |
Read the ARM caps before choosing the 7/6. The extra two years of fixed rate comes with a 5% first-adjustment cap instead of 2%. If rates have moved against you by year seven, the 7/6 can reprice far more sharply in a single step than the 5/6 can. Longer fixed period, sharper first move — that is the actual trade.
Interest-only is a cash-flow tool, not a qualifying shortcut. DSCR is measured on ITIA during the IO period, which raises your coverage ratio and can rescue a marginal file. But you are qualified at the fully amortized payment anyway, and you build zero equity for ten years.
Prepayment penalty — investment property only
A prepayment penalty is a fee for paying the loan off early. Accepting a longer penalty term improves your pricing; a shorter term or none at all costs you in rate. Terms range from none up to five years. The penalty is six months of interest on any amount repaid above 20% of the original note principal — you may pay down up to 20% per year penalty-free.
Not permitted, buydown required: AK · AR · KS · MD (loans under $75,000) · MI · MN · NM · OH (1–2 units under $116,356) · PA (1–2 units under $329,411) · RI · VA (loans under $75,000). In IL, NJ and VT, if title is vested in an individual a buydown is required or the loan must close in an LLC; Illinois caps the penalty at 3 years. Term caps: ID and MA maximum 3 years; DC and MD maximum 3 years with the penalty capped at 2 months of interest; MS maximum 2 years.
The prepayment decision should follow your exit strategy, not the headline rate. A five-year penalty buys the best pricing — and locks you out of a refinance or sale for five years without a fee. If you expect to sell or refinance in year two or three, the cheaper headline rate is not cheaper. CR Equity AI models the crossover point for your specific hold period.
Other structural items
| Title vesting | Individual name, or LLC/Corporation — maximum four owners, every owner a borrower and guarantor. |
| Escrow waiver | Available up to 80% CLTV (90% in California). |
| Points financed | Up to 2 points may be financed into the loan, at maximum 65% CLTV. |
| Seller concessions | 6% at 80% CLTV or below · 4% above 80% CLTV. |
| Rate lock | 15, 30, 45 or 60 days. Extensions available at a per-day cost that increases with each extension. |
| Appraisal | Maximum age 120 days. A second appraisal is required on loan amounts above $2,000,000 — a real, non-refundable cost and added calendar time. |
How your rate is determined
There is no single “foreign national rate.” Your rate is built from a base price and then adjusted — up or down — by each characteristic of your file. Two borrowers buying identical properties on the same day can receive materially different rates.
The factors that move pricing: credit score band (the No-FICO path is priced as its own tier, not a penalty tier) · LTV/CLTV, usually the largest single lever available to you · DSCR coverage, where the step from just under 1.00 to at or above 1.00 is significant · loan purpose, with cash-out pricing higher than purchase · loan size, where the $500K–$1M band is most efficient · property type · short-term rental operation · loan term · interest-only · prepayment term · escrow waiver · lock period and state.
Why this page does not publish a rate table. Lender pricing is expressed as adjustments against a base price rather than as a borrower rate, and it moves daily. Quoting from a grid without running your actual scenario produces a number that will not survive underwriting. CR Equity AI issues a written, scenario-specific quote instead.
Beyond rate, your cash to close includes lender underwriting fees, title and settlement charges, appraisal (plus a second appraisal above $2,000,000), recording and tax service fees, and prepaid taxes and insurance. All are itemized on your Loan Estimate. Total points and fees are capped at 7% of the loan amount, inclusive of all lender fees.
What we need to quote you
No documents are needed for a quote. Six answers:
- Property address or market — even approximate. State and county drive eligibility and pricing.
- Property type — SFR, condo, condotel, 2–4 unit, PUD, rural. Tell us if any commercial space is attached.
- Purpose — purchase, rate/term refinance, or cash-out refinance, and if cash-out, the target cash amount.
- Purchase price or value — and your intended down payment or target loan amount.
- Expected rent — monthly, and whether long-term lease or short-term rental. The distinction changes both leverage and pricing.
- Credit and citizenship — country of citizenship, visa type, and whether you hold any U.S. credit score.
You receive a written scenario quote showing estimated payment, DSCR calculation, cash-to-close build-up and reserve requirement, typically same day to 24 hours. Any term not yet confirmed in writing is flagged.
Start the asset-sourcing conversation first. Across foreign national files the delay is almost never credit and almost never the appraisal — it is documenting the trail of funds from an overseas account to the U.S. closing table, to a 30-day sourcing and seasoning standard. Raise it in the first conversation and it stops being the thing that moves your closing date.
Download the full qualification guide
The complete 17-page program overview — every matrix, the full glossary, document checklist and disclosures. Reference CRE-2026-0825-FN01, guidelines effective August 24, 2026.
Foreign national mortgage FAQ
Can a foreign national get a mortgage in the United States?
Yes. CR Equity AI arranges residential investment financing for non-U.S. citizens with no Social Security number, no U.S. credit score and no U.S. tax returns. You qualify either on the property’s rental income (DSCR) or on documented foreign income verified by a licensed accountant. Loan amounts run from $75,000 to $3,000,000.
Do I need a U.S. credit score?
No. The No-FICO path is a full eligibility tier, not a penalty tier — it reaches the same 50% LTV to $3,000,000 ceiling as the 700-FICO tier. If you do have a U.S. score, the minimum is 660. One bank reference letter from your primary banking relationship substitutes for U.S. tradeline history.
Do I need a Social Security number?
No. A Social Security number is not required for foreign national financing. Traditional lenders decline these files because their underwriting engines require one; this program qualifies you on the property’s income or on documented foreign income instead.
Which visa types are eligible?
B-1, B-2, F-1, H-2, H-3, I, J-1, J-2, P-1 and P-2, or entry under the Visa Waiver Program with a valid ESTA. This is a non-immigrant visa program. Green card and employment-based immigrant visa holders are usually eligible for conventional financing at materially better terms.
Can I buy U.S. property through an LLC?
Yes. Title may be vested in an individual name or in an LLC or corporation, with a maximum of four owners. Every owner must be both a borrower and a guarantor. Entity documents are required at submission.
How much down payment do I need?
At maximum 75% LTV on a purchase, your down payment is 25%. Leverage tightens as the loan amount rises — reaching $3,000,000 requires 50% LTV, so a 50% down payment. On investment transactions you must contribute at least 10% from your own funds even when gift funds are used.
What are reserves, and how much do I need?
Reserves are liquid funds you hold after closing, measured in months of the new payment. This program requires 12 months on every scenario, on both paths, in addition to your down payment and closing costs. Reserves are the most common reason an otherwise strong file stalls.
What is DSCR and how is it calculated?
DSCR is gross rental income divided by the proposed PITIA payment — principal, interest, taxes, insurance and association dues. A DSCR of 1.25 means rent covers the payment 1.25 times over. On interest-only loans the denominator is ITIA, with no principal component.
Can I qualify if the rent does not cover the payment?
Yes, two ways. DSCR below 1.00 is eligible down to 0.75 and below at reduced leverage, higher pricing, and a minimum 680 FICO or the No-FICO path — but not on condominiums or condotels. Alternatively the Full Documentation path ignores rental coverage entirely and qualifies you on documented income at 43% DTI or lower.
Can I finance a short-term rental or Airbnb?
Yes. Airbnb and Vrbo-style short-term rental operation is eligible at a maximum 70% CLTV, and carries a pricing adjustment. Condotels are excluded from short-term rental treatment. Tell us at scenario intake whether the property will be a long-term lease or short-term rental, because it changes both leverage and pricing.
Can I finance a condotel?
Yes, at reduced leverage. Condotels reach 70% LTV to $1,000,000 on a DSCR purchase and 75% to $1,000,000 on Full Documentation. Cash-out on a condotel caps at $500,000. All condotels require a DSCR of 1.00 or higher — there is no sub-1.00 option.
Can I take cash out of a U.S. property I already own?
Yes. Cash-out refinance is available on both paths, but leverage is structurally more conservative than purchase — 70% maximum versus 75%, and the grid begins at 680 FICO rather than 700. A separate rule caps the cash itself at $500,000, $1,000,000, or unlimited depending on your CLTV and credit tier.
Can I buy a second home rather than a rental?
Yes, through the Full Documentation path only, and one unit only. DSCR is investment-property only. † The published grids do not break out separate second-home leverage limits, and CR Equity AI confirms the applicable second-home tiers in writing before quoting any second-home scenario.
I am a Russian or Ukrainian national. Am I eligible?
Yes, under the DSCR path. Citizenship and the location of your money are evaluated separately: income and assets originating from Russia or Ukraine will not be accepted, but the same borrower funding from an account elsewhere — the UAE or EU, for example — can proceed. Raise this before you move funds.
I am a Venezuelan national. Am I eligible?
Yes, under the DSCR path only, at a maximum 60% CLTV on purchase and rate/term and 55% CLTV on cash-out, with 12 months of reserves.
Can I qualify as a first-time buyer?
Yes, under tighter parameters: maximum loan amount $1,000,000, maximum 65% CLTV, minimum 680 FICO or the No-FICO path, DSCR above 1.00 or DTI at or below 43%. Interest-only, mixed-use and multifamily are not permitted. On the standard DSCR path you must otherwise have owned residential property within the past 36 months.
Is there a prepayment penalty?
On investment property, optionally — terms run from none up to five years, and a longer term improves your pricing. The penalty is six months of interest on any amount repaid above 20% of the original principal, so you may pay down 20% per year penalty-free. Several states prohibit it or cap the term.
What property types are not eligible?
Mixed-use property, multifamily of five units or more, manufactured housing, and primary residences. These are hard exclusions rather than pricing adjustments — a ground-floor retail bay under residential units makes a building mixed-use and removes it from the program entirely. Confirm property type before going under contract.
How long does closing take?
A written quote comes same day to 24 hours from scenario intake. Closing is driven primarily by international asset sourcing and appraisal turn times — assets must be sourced and seasoned 30 days including overseas accounts, and loans above $2,000,000 require a second appraisal, which adds calendar days.
Scope and disclosures. This page is an educational program overview describing eligibility parameters only. It is not a commitment to lend, not a rate quote, not an offer of credit, and not an advertisement of specific credit terms. No interest rate, annual percentage rate, payment amount or point structure is stated or implied. Eligibility is determined only through full underwriting of a complete application.
This is not legal, tax or investment advice. Entity structuring, cross-border tax treatment, immigration consequences and investment merit are outside our scope — consult qualified professionals in each discipline.
Parameters reflect program guidelines effective August 24, 2026, and are subject to change without notice. Items marked † are parameters CR Equity AI is confirming in writing and has not yet independently verified — the 680-FICO rural tier on the Full Documentation matrix, second-home leverage tiers, and Maryland state eligibility. Do not rely on a marked item for a transaction decision until confirmed to you in writing.
Where this page draws conclusions not stated directly in any program guideline — the observation that cash-out leverage begins at a lower credit tier than purchase leverage, the monthly carry implication of a sub-1.00 DSCR, or the trade-off between 5/6 and 7/6 ARM caps — that analysis is CR Equity AI’s own work product, offered as informed commentary rather than as a program guideline.
Reference CRE-2026-0825-FN01. © 2026 CR Equity AI Inc. CR Equity AI Inc. arranges financing through its capital relationships and is not the funding source on every transaction. Equal Housing Opportunity. All program parameters subject to change without notice and to full underwriting approval.