Purchase Mortgage Loans
What Is a Purchase Mortgage?
A Purchase Mortgageallows borrowers to finance the acquisition of a property without paying the full purchase price in cash. These programs are designed for owner-occupied buyers, real estate investors, and foreign nationals, offering flexible underwriting based on property type, income structure, and residency status.
At Nadlan Financing, we structure purchase loans across residential, commercial, and investment assetsusing conventional, DSCR, and asset-based programs.
Who Can Qualify?
US Citizens
Permanent Residents
Non-Permanent Residents
Foreign Nationals
Individual or LLC ownership
Experienced & transitional investors
Eligible Property Types
| Residential | Commercial |
|---|---|
| Single-Family Homes (SFR) | Multifamily (5+ units) |
| 2–4 Unit Multifamily | Mixed-Use Properties |
| Condos (warrantable & non-warrantable*) | Retail |
| Townhomes | Office |
| Vacation & Short-Term Rentals | Industrial |
| Portfolio Purchases |
Lending Criteria – Purchase Mortgage Loans
Typical Lender Requirements
| Criteria | US Investors | Foreign Investors |
|---|---|---|
| Max LTV | Up to 80% | Up to 70% |
| Credit Score | 640+ | 680+ |
| Loan Size | $100K – $10M+ | $250K – $5M |
| DSCR Requirement | ≥ 1.00 (some allow <1.0) | ≥ 1.10 |
| Ownership | Individual / LLC | LLC / Corp |
| Amortization | 30 or 40 years | 30 years |
| Interest-Only | Available | Available |
| Down Payment | 20–25% | 30–35% |
| Prepayment Penalty | Optional | Common |
| Closing Timeline | 21–35 days | 30–45 days |
Purchase Loan Options Available
Conventional Loans
DSCR (Debt Service Coverage Ratio) Loans
Foreign National Loans
Jumbo Loans
Commercial Mortgages
Portfolio Loans
Required Documentation
US Borrowers
- Government ID
- Credit report
- Purchase contract
- Insurance binder
- LLC documents (if applicable)
Foreign Investors
- Passport
- Proof of funds
- US bank account
- LLC + EIN
- Property income analysis (if investment)
Why Choose Nadlan Financing for Commercial Loans?
Access to 3,000+ lenders
Residential & commercial expertise
Foreign-national friendly underwriting
DSCR & no-income options
Complex & portfolio deals welcome
Frequently Asked Questions (FAQs)
What is the maximum LTV for a purchase loan?
Up to 80% for US investorsand 70% for foreign investors, depending on property type and risk profile.
Can foreign nationals buy property in the US?
Yes. Foreign nationals can legally purchase and finance US real estate with the right structure.
Do I need US income to qualify?
Not always. DSCR-based programsqualify based on the property’s cash flow.
Can I buy under an LLC?
Yes. Most investment and foreign-national loans are structured through LLCs.
How long does closing take?
Typical closings range from 21–45 days, depending on borrower type and asset class.