The problem is, I have no "American" credit. Is my Canadian credit useful at all for getting a mortgage down there or do I have to start over completely? Also, I have heard it is super easy to get a mortgage in the States and that is why there are so many foreclosures…. is that true? Is it pretty simple to get a mortgage.
P.S. I am looking into California if that makes a difference
You won’t know unless you talk with several lenders here to see what if anything you might qualify for. It costs you nothing but some time. I suggest several local lenders for you to see what different programs they have to offer and you get to choose which one works best for your financial situation.
But , Yes you can buy anywhere in the USA! Good Luck!