Foreign National Loans in Arizona

Arizona's foreign-national investor base is concentrated in Phoenix metro, with significant Canadian snowbird ownership (Q4-Q1 second-home + STR strategy) and growing Latin American buyer interest. AZ's low property tax (under 1%) improves after-tax yield for offshore owners.

Top Arizona markets for foreign national

  • Scottsdale / Paradise Valley: Canadian snowbird stronghold.
  • Phoenix: Mexican investor segment; Old Town and Arcadia.
  • Lake Havasu: Canadian + recreational buyer market.

Arizona quick facts

  • Canadian snowbird investor base
  • Low property tax (~1%)
  • Equifax Canada accepted in some programs
  • Spanish-language broker pool in Phoenix

Arizona Foreign National FAQs

Can Canadians easily buy AZ rentals?

Yes - significant existing Canadian ownership in AZ. Most foreign-national DSCR programs in AZ explicitly support Canadian borrowers with simplified documentation (Equifax Canada credit reports accepted in lieu of US FICO).

AZ-specific reserves requirements for foreign nationals?

Standard 30-60 day US bank seasoning. Several AZ-active lenders accept currency-converted Canadian-bank statements with shorter US-side seasoning.

General foreign national questions

What documents does a foreign national need?

A valid passport, visa or visa-waiver evidence, two forms of ID, a foreign credit reference (or three letters of reference from international banks), and proof of funds for down payment plus reserves.

What’s the maximum LTV for a foreign national?

Most programs cap at 70–75% LTV on purchase and 65–70% on cash-out. The lower LTV vs. US-resident DSCR loans reflects the offshore funding profile.

How are reserves verified if my money is overseas?

Funds are usually wired to a US bank account 30–60 days before closing and seasoned in that account. A 30-day statement is acceptable at most lenders.

See all Foreign National guidelines and FAQs →

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