Foreign National Mortgages in Palm Beach: A 2026 Buyer Guide
Foreign national mortgages in Palm Beach County serve a large and consistent base of international buyers. Latin American, Canadian, and European buyers account for a significant share of Palm Beach County real estate transactions each year. These programs require no US Social Security number, no US credit history, and no US employment.
Foreign national mortgage requirements for Palm Beach County
- Down payment: 25–35% depending on loan amount and program
- No US Social Security number required
- Income documentation: foreign tax returns, employer letters, or bank statements from home country
- Credit: foreign credit reports or bank reference letters in lieu of US credit history
- Eligible properties: primary residence, vacation home, or investment
Rates and loan amounts
Foreign national rates run 0.5–1.5% above standard conforming rates. Most South Florida lenders who specialize in this market offer loan amounts up to $3–5 million. 30-year fixed and ARM options are available. Interest-only jumbo programs are also available for luxury purchases.
Palm Beach County markets for international buyers
Boca Raton, Delray Beach, Boynton Beach, and Palm Beach Island are the primary international buyer destinations in Palm Beach County. The Brazilian and Argentine buyer communities are particularly active in Boca Raton. Canadian snowbird buyers concentrate in the Boynton Beach and Delray Beach corridors.
Closing process for foreign national buyers
Foreign national buyers complete closing via International Wire Transfer for down payment and closing costs. FIRPTA (Foreign Investment in Real Property Tax Act) withholding applies at sale: typically 15% of the gross sale price withheld at closing. Plan for this in your sale proceeds calculation. Mortgage Capital specializes in foreign national loans across Palm Beach County.
For personalized guidance on buying or selling in South Florida, contact the team at Pure Equity Realty. We serve Palm Beach, Broward, Miami-Dade, St. Lucie, and Highlands counties with expert representation and a 1% listing fee.
Onias Derilus is the Broker/Owner of Pure Equity Realty, a South Florida brokerage specializing in 1% listing commissions and free buyer representation across Palm Beach, Broward, Miami-Dade, St. Lucie, and Highlands counties. He holds an NMLS mortgage originator license and founded Mortgage Capital and Verified Title to serve clients through every step of the transaction.