Lured by some of the lowest housing prices in a decade, foreign-born residents and visitors are buying U.S. properties at a rapid rate. More than 8 percent of all real estate sales in 2010 were to foreign nationals, according to the National Association of Realtors (NAR).

Mortgage companies offer a variety of products to foreign nationals but the products’ accessibility and terms depend on the borrower’s immigration status and documentation of credit status in his or her home country.

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