A foreign national is a person who is visiting or temporarily living in the United States, and they:

• Were born outside the United States;
• Are a citizen of another country; and
• Have not applied to become a United States citizen or a permanent resident;

A loan to a foreign national is generally not salable to Fannie Mae, Freddie Mac, nor can it be guaranteed or insured by a governmental agency. Private investors determine the criteria for each Foreign National Loan program. Therefore, each program has unique criteria.