I HAVE BEEN GETTING A LOT OF QUESTIONS LATELY ON NON-PERMANENT RESIDENT ALIENS AND FOREIGN NATIONALS PERTAINING TO BEING ABLE TO OBTAIN A MORTGAGE IN THE US. THE FACT IS THAT BOTH IMMIGRANT STATUSES ARE ELIGIBLE FOR A MORTGAGE.<\/p>\n
AS A NON-PERMANENT RESIDENT, YOU MAY QUALIFY FOR AN FHA OR CONVENTIONAL LOAN PROGRAM LIKE INDIVIDUALS WITH PERMANENT RESIDENCY CARDS OR US CITIZENS. IF YOU HAVE A SOCIAL SECURITY CARD ALONG WITH AN EMPLOYMENT AUTHORIZATION CARD IS WHAT IS REQUIRED IN MOST CASES. WHICH MEANS THAT YOU WOULD BE ABLE TO PUT AS LITTLE AS 3.5% DOWN PAYMENT FOR FHA AND 3% FOR A CONVENTIONAL PROGRAM FOR A FIRST-TIME HOMEBUYER THAT WILL OCCUPY THE PROPERTY.<\/p>\n
WITH A FOREIGN NATIONAL, THIS WOULD BE SOMEONE WITHOUT ANY TYPE OF DOCUMENTATION ALLOWING THEM TO WORK OR LIVE PERMANENTLY IN THE US AND\/OR WITHOUT A SOCIAL SECURITY CARD. WE CAN STILL HELP THESE INDIVIDUALS BY OFFERING THEM A PRIVATE MORTGAGE WITH USUALLY A 40% DOWN PAYMENT. BOKK AN APPOINTMENT HERE<\/a>.<\/p>\n You have not retired yet because of increasing mortgage payments?Apply for a reverse mortgage and you won’t have to make another payment. Please review our reverse mortgage page for full details on and videos on how a reverse mortgage works.Details on Reverse Mortgage<\/a>Putting off purchasing your home?This is the best time to purchase a home. Low rates have come back. See how much you can buy.Click Here to Get Pre-approved<\/a>Take advantage of the lowest rates!Refinance today and pay off those high rate credit cards, upgrade your house, help your kids with university costs or just check of items off your bucket list.Refinance Now<\/a> From knowing how much you need to save for a deposit, to understanding how a guarantor can assist you, there are many questions that can arise.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2519","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t
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