Do Foreign National Borrowers Have to Verify Foreign Liabilities?

Answer: Depending on the program, verification of foreign liabilities may not be required. Luxury Mortgage’s Foreign National program is designed to simplify financing for eligible international borrowers while maintaining prudent underwriting standards.

Documentation requirements vary by loan scenario, so it’s important to review the current program guidelines before structuring the loan. Borrowers must still satisfy all applicable asset, reserve, property, and eligibility requirements.

If you’re unsure whether foreign liabilities must be documented for a specific transaction, your Account Executive can help determine the appropriate documentation before submission.