Investing in real estate in the United States is an attractive goal for many Latin American entrepreneurs. However, doubts about how to get a mortgage loan in the United States often hinder their plans.
If you’re looking for a reliable, simple, and remote way to finance a property, this guide is for you. Here, you’ll discover all the key aspects for accessing the US real estate market from Latin America, without complications and with expert advice.
In addition, you’ll learn about the requirements, types of loans, and helpful tips for securing the best terms. And, of course, you’ll discover why Avanti Lending is the perfect ally to achieve this.
Learn how to get a mortgage loan in the United States
Before starting the process, it’s essential to understand how to get a mortgage loan in the United States and the requirements for Latin American investors. Although it may seem complicated, it’s a feasible and accessible process. If you’re unsure how to do it, we’ll show you the steps and requirements:
Key documentation and proof of solvency
The first step in obtaining a mortgage in the United Statesis to demonstrate your financial capacity. Understanding the required documents is crucial to unlocking new opportunities. To do so, you must meet certain essential requirements:
- Official ID: valid passport and, if necessary, other valid ID.
- Proof of income: tax returns for the last two or three years and bank statements reflecting income over $150,000 or $300,000.
- Credit history: even if you don’t have a credit history in the United States, your credit history in Latin America may be sufficient. Bring bank reference letters or credit reports from your country.
- Down payment funds: you must demonstrate the availability of funds needed for the down payment and closing costs, without using loans.
- Property Information: if you’ve already selected a property, provide its basic information and features.
It is recommended that all documents be organized, translated by an authorized expert, and apostilled, if applicable. This will facilitate each stage of the process.
Pre-approval process and mortgage loan application
Then, and once you’ve understood the requirements and prepared your initial documentation, the path to obtaining a mortgage loan moves into two crucial phases: pre-approval and formal application. Here are the main steps:
- Initial contact: speak with a foreign investor mortgage specialist, such as Avanti Lending Advisors.
- Pre-qualification or pre-approval: The bank will assess your payment capacity and tell you the maximum amount you could qualify for.
- Formal Application: Complete the official form and submit all documentation for detailed review.
- Property appraisal: The financial institution will order a property appraisal to ensure its true value.
- Approval and Closing: Once approved, you’ll sign the documents. This can be done through a power of attorney in your home country or by traveling to the United States.
The process is designed so you can manage it without being physically present in the country. With the support of experts, you’ll move forward with confidence and understand how to get a mortgage loan in the United States.
Financing options and types of mortgage loans
To understand how to get a mortgage loan in the United States, it’s essential to understand the financing options available to foreign investors. Choosing the right one can make all the difference in your investment. We’ve listed the different options below:
Mortgage loans for non-residents
First of all, these loans are designed for those without a U.S. residence or credit history. Below are some key features:
- First, the down payment is usually between 25 % and 40 %.
- Interest rates may be slightly higher than those for residents.
- Also, they primarily assess the applicant’s financial solvency in their country of origin.
- They usually require that funds for the down payment and expenses be in verifiable accounts.
- And they allow financing of both residential and investment properties.
So, if you’re a business owner or investor in Latin America, this is the most direct and accessible option for you. It’s also the ideal way to start building a credit history in the United States.
How to get a mortgage loan in the United States with a credit history
If you already have credit in the United States—such as credit cards or investments—you may qualify for better terms. However, you’ll need a tax identification number (ITIN or SSN).
Obtaining an ITIN is a simple process and can open more financial doors for you. However, most Latin American investors without residency opt for non-resident loans.
Additionally, having a solid credit history in the United States allows you to access more competitive interest rates and more flexible financing options. This situation can also facilitate future investments, as many lenders value continuity and good management of previous credits when evaluating new mortgage applications.
Fixed Rate or Adjustable Rate? Which Option Is Best for You?
The choice between a fixed-rate and an adjustable-rate loan will depend on your investment strategy and financial projections. A good advisor can help you decide how to get a mortgage loan in the United States.
There are two main types of mortgage rates. Each one suits different investor profiles:
- Fixed rate: maintains the same interest rate for the entire life of the loan (15 or 30 years). Provides security and stability.
- Adjustable-rate mortgage (ARM): this has a fixed initial rate for several years (5, 7, or 10), then varies with the market. Ideal if you plan to sell before the rate changes or if you are willing to accept some risk.
It’s also important to consider the economic environment when making your decision. If interest rates are low, opting for a fixed rate can protect you from future increases. Conversely, if rates are expected to fall or you’re planning a short-term investment, an adjustable-rate loan may be more profitable.
Tips on how to get a mortgage loan in the United States
If you are wondering how to get a mortgage loan in the United States quickly and with the best conditions. These tips will allow you to move forward without complications, optimizing time and resources:
- Prepare all your documents before you begin. This will avoid delays.
- Keep your finances in order. Your bank statements should clearly reflect your income and savings.
- Consult with experts. Companies like Avanti Lending offer specialized advice for foreign investors.
- Calculate your actual repayment capacity. Being realistic will help you get better terms and reduce risk.
- Compare financing options. Although Avanti offers customized solutions, knowing the market is always a good idea.
- Consider additional costs. In addition to the down payment, you’ll have to pay closing costs and other fees.
- Maintain constant communication with your lender. Responding quickly to requests or clarifications can speed up approval.
- Check and improve your credit score if possible before applying for a loan, as good credit can lead to better terms.
Furthermore, demonstrating organization and solvency to financial institutions improves your profile as an applicant. Don’t forget to review approval deadlines and prepare a solid medium- and long-term financial plan. This way, you’ll be better prepared for any investment opportunity.
Avanti Lending: an alliance to finance your investment in the United States
If you’re looking for how to get a mortgage loan in the United States without complications and from Latin America, Avanti Lending is the best option.
With extensive experience working with foreign investors, Avanti understands the specific needs of Latin American entrepreneurs. Our team offers tailored financial solutions and ongoing support throughout the entire process.
These are some of the reasons to trust our services:
- We specialize in non-resident investors. We understand your needs and international procedures.
- Personalized advice. We’ll guide you every step of the way, with clarity and professionalism.
- Tailored financing options. We help you choose between different types of mortgage loans in the United States based on your profile.
- Quick and easy process. Our goal is to help you acquire your property in the United States.
Don’t let distance be an obstacle. With Avanti Lending: Understanding how to get a mortgage loan in the United States becomes a clear and accessible process. Furthermore, having a specialized partner makes all the difference when it comes to negotiating better terms and avoiding costly mistakes. If your goal is to invest smartly and without complications, this is the ideal option for you.
Take the first step toward investing in the United States
Now you know how to get a mortgage loan in the United States from Latin America. The process is accessible if you have the right information and expert advice. From preparing documents to selecting the ideal loan, every step is easier when you work with professionals.
Having the proper guidance not only streamlines the process but also allows you to make better and more profitable decisions. Choosing the right loan and structuring the transaction well can make the difference between a successful investment and an unexpected financial burden.
On the other hand, having a clear objective —whether buying to rent, reselling, or securing assets— will help you define the best financial strategy. With the right advice, you’ll be able to identify opportunities and minimize risks when investing in the U.S. real estate market.
Avanti Lending gives you the confidence and experience to invest without borders. Don’t wait any longer to turn your real estate projects in the United States into reality.
Contact Avanti Lending today and start building your financial future. Learn more about getting a mortgage in the United States here.
Bibliographic References
- Herrera Lagos, R. (2023, July 5). Steps to obtain a mortgage and buy a home in the US.
- WorldRemit . (2023, April 6). A Guide to Understanding How Mortgages Work in the United States.
- USAGov. (May 19, 2025). Government Mortgage Assistance and Loan Programs for Homeownership.