Loan program

Foreign-National DSCR

Financing for buyers without a U.S. credit score who use a passport, visa, or ITIN and are sized mainly on the property’s cash flow and reserves.

Occupancy: second home · investment
Property types: SFR · condo · condo-hotel · 2-4

Many buyers of a Florida or Texas vacation home or rental do not have a U.S. credit score. This program is for that profile: identification is typically a passport, visa, or ITIN, and sizing leans on the property’s cash flow and reserves rather than a W-2.

Occupancy here is second home or investment. The property types we discuss on this page are single-family, condo, condo-hotel, and 2–4 unit.

Debt-service coverage is gross rent divided by PITIA — principal and interest, taxes, insurance, HOA, and flood. Use the DSCR calculator with the rent and carrying costs you actually have. A blank minimum DSCR stays unknown; we do not invent a program floor.

We do not publish a rate, points, or maximum LTV on this page because those figures are not locked in the public site.

Run the numbers, then contact us if the scenario is worth a conversation. Nothing on this page is an approval or a credit decision.

Indicative only — not a commitment to lend. Figures are estimates based on the information entered and are subject to underwriting, verification, and change.

Ordeg Mortgages LLC is licensed in Florida and Texas. We do not solicit, accept applications for, or originate loans secured by property located in states where we are not licensed.