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Portfolio Residential Mortgage

Flexible Mortgages: Buy a Home Without U.S. Credit or Tax Returns

Qualify with foreign income or liquid assets – our specialized programs make homeownership possible.

Why Borrowers Choose This Mortgage

For global clients and new immigrants, traditional loan requirements like having a W-2 and a U.S. credit history are impossible to meet. That’s why we’ve built Portfolio Residential Mortgages to help new immigrants, international investors, and high-net-worth individuals finance U.S. properties with alternative qualifications.

With over a decade of experience serving this community, New Omni Bank understands their unique financial needs and challenges.

Who This Is For

Foreign Nationals purchasing homes from abroad or recently arrived
New Immigrants building their financial lives in the U.S.
High-Net-Worth Individuals using bankable assets to qualify

Key Benefits

Qualify with foreign income or liquid assets
No U.S. credit history or tax returns required
Eligible for U.S. residents, non-residents, and newcomers
Loan amounts up to $5 million
Multilingual, concierge-style service

“New Omni Bank created the Portfolio Residential Mortgage program in 2012 to help U.S. residents and foreign nationals buy homes in California and has built a proven track record of helping them achieve homeownership.”

Howard Lee, Senior Vice President, Director of Consumer & Retail Lending

Here’s a Quick Overview of What This Program Offers

Eligible Borrowers

U.S. Citizen
Permanent Resident
Non-Permanent Resident
Foreign National

Property Types

Primary residences
Second homes
Investment Home

Loan Terms

Fixed-rate options available
Up to $5 million in financing

What You Typically Need to Apply

Valid passport, visa, or legal U.S. entry documentation
Proof of liquid assets or global income
Bank statements or CPA letters
Optional: property experience or investment history

Would you like to discuss home lending services with a New Omni Bank team member?

Call (626) 284-5555, visit a branch, or send us a message to get started.

Send Us a Message

Why Borrowers Trust New Omni Bank

We’re more than a lender—we’re a long-term partner to newcomers and global investors alike.

Local knowledge with global understanding
Personalized, high-touch mortgage service
Multilingual support in Mandarin, Cantonese, and English
In-house underwriting for faster decisions

Ready to take the next step toward your new home in the U.S.?

Call (626) 284-5555, visit a branch, or send us a message to get started.

Send Us a Message

New to Buying a Home in the U.S.?

Explore our step-by-step guide for international and first-time U.S. homebuyers.

Read Now

Frequently Asked Questions About Global & Asset-Based Mortgages

1. Can a non-U.S. citizen or resident get a mortgage loan?

Yes. New Omni Bank offers mortgage solutions for foreign nationals, new immigrants, and non-permanent residents. You don’t need U.S. credit or a Social Security Number — qualifying income, liquid assets, and valid documentation may be enough to apply.

2. Can I get a mortgage without U.S. credit?

Yes. You can qualify using alternative documentation such as bank statements, asset proof, or overseas income—U.S. credit history is not required. Like most U.S. mortgages, the property you are financing will serve as collateral for the loan.

3. Do I need a Social Security Number (SSN) to apply?

Not necessarily. Foreign nationals may qualify with an Individual Taxpayer Identification Number (ITIN) or other legal ID, as long as they also provide proof of lawful U.S. entry and qualifying financial documentation.

4. What qualifies as “asset-based” for a mortgage?

Asset-based qualification refers to using your liquid assets—such as savings, brokerage accounts, or other verifiable reserves—to demonstrate repayment ability, rather than traditional income like W-2s.

5. Can I finance a home from outside the U.S.?

Yes. Many of our clients start the process remotely. Our multilingual mortgage specialists will guide you through the steps—from application to closing—even if you’re not yet in the U.S.

6. What types of properties can I finance?

We offer financing for primary residences, second homes, and residential investment properties—including condos, single-family homes, and 2–4 unit properties.

7. What’s the difference between a primary residence, a second home, and an investment property?

Primary Residence: Your main home, where you live most of the year. Must be occupied within 60 days of purchase.
Second Home: A part-time residence or vacation home, not rented out long-term.
Investment Property: A property purchased to rent out or hold for long-term gain. These may require a higher down payment and come with different loan terms.

8. Can buying a home help me get a green card?

No. Purchasing a home in the U.S. does not directly grant immigration status or lead to a green card. However, owning property may support visa renewals or show financial ties to the U.S., depending on your situation. Please consult an immigration attorney for guidance.

9. Can international students buy property in the U.S.?

Yes. International students — including those on F-1 visas — may be able to purchase a home or condo in the U.S. While it’s less common, it is possible with sufficient assets, a qualified co-signer, or documented foreign income. Eligibility depends on your financial profile and visa status, so it’s best to speak with our lending team for personalized guidance.