Debbie Holmes, Gets the job done! (John L. Scott)

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Rainmaker
1,337,432
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Inquire in your local area for mortgage brokers that specialize on this topic.  Best of luck Debbie. 

Dec 15, 2019 08:12 AM
Rainmaker
5,356,720
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

search diligently for a well-versed mortgage officer.... 

Dec 15, 2019 08:08 AM
Rainmaker
1,609,546
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

I think a good LO or google could help you. I'm sure that there is.

Dec 15, 2019 07:30 AM
Rainmaker
3,648,082
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I don't know of a particular program but a call to a preferred, knowledgeable lender would likely be in order.  

Dec 15, 2019 06:49 AM
Rainmaker
1,587,528
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

They will not qualify for an VA Loan since they would not be able to produce a DD214, or Certificate of Eligibility. It is likely there is a clandestine Federal Government Program that none of us know about that will just give them a home, otherwise they have to earn it like all us other worker bees. That's America, the Land of Opportunity.

Dec 15, 2019 08:48 AM
Ambassador
3,699,260
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Oh boy, he's in a pickle - at least I think so. I would be reaching out to my best lenders. 

Good luck to him or her, Debbie.

Dec 15, 2019 07:55 AM
Rainmaker
3,463,439
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Debbie... an interesting question. I don't have an answer, but I'd check with a mortgage lender who specializes in VA loans.

Dec 15, 2019 05:49 AM
Rainmaker
2,877,761
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I would be reaching out to my preferred lender.  I wish you all the best with this. 

Dec 15, 2019 09:49 AM
Rainmaker
1,301,042
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not aware of any, but haven't looked either.  Best of luck to you.

Dec 15, 2019 09:11 AM
Ambassador
4,220,873
Jeff Dowler, CRS
eXp Realty of California - Carlsbad, CA
The Southern California Relocation Dude

I would check with a couple different lenders in your area. Perhaps one of our lenders here knows - Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi , George Souto , John Meussner 

Dec 15, 2019 08:52 AM
Rainer
271,251
Caroline Gerardo
Sun West Mortgage Corporation - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

Does he have his DD214? My guess is no - he can't get a VA without it. There are many foreign national programs. Is he working here now? Is the money in a US bank? He can provide translation of the funds if he can get them out.  Current OFAC restrictions with Us treasury here:

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/ques_index.aspx

 

Call me  949 784 9699

Dec 16, 2019 09:36 AM
Rainmaker
866,060
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Best bet is to go straight to a well-versed mortgage broker/officer or the VA with this question OR a Veteran Service Officer who can query the VA

Dec 16, 2019 07:36 AM
Rainmaker
513,155
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

We have a lender that can do anyone with a green card as long as they are eligible to stay at least 2 years, have employment etc..  Talk with your lenders in your area.

Dec 15, 2019 04:14 PM
Ambassador
2,330,730
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Contact a local, experienced lender.

Dec 15, 2019 09:56 AM
Rainmaker
816,495
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Lots of moving parts here.

Let's start with how high is the pile of USA currency this person has to complete such a purchase? If the answer is ZERO, clearly there are bigger issues.

The reality is it is easier for foreign nationals to secure a mortgage than USA citizens.  The preamble of many words suggest transgression is to occur. In this case, programs for Active service members and veterans should NOT be misappropriated.

Go the traditional route of foreigners buying USA real estate.

Dec 15, 2019 06:10 AM
Rainmaker
773,292
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

What an interesting problem! Let us know if you find a solution.

Dec 16, 2019 06:23 PM
Rainmaker
1,472,863
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Let us know what you learn, Debbie.

Dec 16, 2019 08:27 AM
Rainmaker
1,084,114
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Bilingual mortgage officer. Arabic language and English.

Dec 16, 2019 08:26 AM
Rainmaker
1,734,669
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Nope, that's a new one on me Debbie Holmes 

Dec 15, 2019 07:20 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Seek out a good VA specialist in your area.

Dec 15, 2019 04:32 PM
Ambassador
2,954,419
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

none I am aware of... I've had a couple of foreign national buyers, but they paid cash.

Dec 15, 2019 01:30 PM
Rainmaker
423,713
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

I would call my preferred lenders first.

Dec 15, 2019 01:10 PM
Rainmaker
5,820,921
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I would check with my trusted local mortgage loan officer.

Dec 15, 2019 11:10 AM
Rainmaker
4,863,530
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debbie,

Reach out to the VA and the VA loan people.  A

Dec 15, 2019 10:26 AM
Rainer
53,983
Joe D'Agostino
NMLS# 729950 - Manahawkin, NJ
Mortgage Officer 46 years!

As a Veteran and Mortgage Banker, he cannot go VA. However, if you are lookling to do a 100% Finance, see if USDA Mortgage will work in your area. Both green card and visa holders can qualify for a mortgage in the U.S. ... Requirements for non-U.S. citizens to qualify for a loan vary among lenders. However, all lenders require you to prove your residency status

Dec 31, 2019 08:38 PM
Rainmaker
4,339,575
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

That is very specialized, I do not.

Dec 18, 2019 07:30 AM
Rainmaker
1,381,631
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

I with I knew. As most of us say - Google it.

Dec 17, 2019 07:59 AM