A foreign national mortgage is a type of loan designed specifically for non-U.S. citizens who want to purchase property in the United States. These mortgages cater to international buyers who may not have a U.S. credit history or social security number, which are typically required for standard mortgage loans. Lenders offering foreign national mortgages often take into consideration alternative forms of credit and financial documentation from the applicant's home country. While these loans can come with higher interest rates and stricter requirements compared to traditional mortgages, they provide a valuable opportunity for foreign nationals to invest in U.S. real estate. Key features of foreign national mortgages include larger down payment requirements, proof of income, and sometimes a U.S.-based bank account.