Foreign National Loan Program
The Foreign National Loan Program is for existing IBC Bank customers that have a primary residence outside of the U.S. but are interested in acquiring real estate property in Texas or Oklahoma.
- Program is only offered for second home and/or investment loans
- Foreign nationals are non-United States citizens who are neither permanent nor non-permanent resident aliens
- Full income documentation is required
- Maximum LTV/CLTV is 80%
- Maximum Debt Ratio is 50%
- Gift Funds Are Not Allowed on Investment Property Loans
- Maximum 2% Seller Contributions Allowed on Investment Property Loans