Securing a Mortgage as a Non-Permanent Resident Alien

If you are a non-permanent resident alien, it might be easier than you think to qualify for a home loan. Houz Mortgage considers non-permanent resident aliens with an expiring visa for a mortgage. Here are the eligibility requirements:

• Borrowers are still eligible if their Green Card has expired.
• Borrowers must present their I-485 (Application to Register Permanent Residence) and their I-797 (Notice of Action) as proof that they have applied for visa renewal.
• The I-797 form cannot say that the borrower’s application for visa renewal has been denied.
• The I-797 form alone is not sufficient for loan eligibility. The borrower must also present their I-485 to prove their legal status in the United States.
• The following visa types are eligible: E1-3, G1-5, H-1, H-1B, L-1, TC and TN-1.
• If the borrower’s visa is sponsored by their employer, the borrower must present written confirmation that their employer is planning to renew it.
• Borrowers must present a valid social security number. A tax ID number is not an acceptable substitute.
• Borrowers with diplomatic immunity are not eligible for the program.
• DACA borrowers are eligible for a mortgage if they meet all requirements outlined above.

At Houz Mortgage, our experienced loan officers remove the barriers associated with securing a mortgage. Whether you are a non-permanent resident alien or are facing a different situation, we can help. Contact us today to start your homeownership journey!

Contact one of our loan consultants to learn more.