Comparison of differences in buying a house in the United States with different visas

With the improvement of people’s living standards, more and more people are beginning to plan to buy a house in the United States. So which visas are suitable for buying a house in the United States? Follow, let’s take a look at the comparison of different visas for buying a house in the United States. Welcome to read .

1. Green card holders: The loan policy is the same as that of citizens

The rights and obligations of green card holders are not much different from those of U.S. citizens, so having a green card means getting a loan to buy a house. Current policy follows that for U.S. citizens.

For example, a green card is equivalent to a lifetime pass, while other related US visas are temporary passes with different time limits. Therefore, with green card status, you can enjoy the low down payment and low interest rates of U.S. citizens.

2. H1B visa

Many friends will ask me: "How can I get a loan to buy a house in the United States with an H1B work visa?"

The reason for this question is, H1B has a natural advantage when it comes to getting a loan to buy a house, and naturally more people will pay attention to it.

(1) H1B was selected:

Enjoy the same low down payment and low interest rates as U.S. citizens

(2) H1B was not selected, but still During the validity period of OPT:

You can still get the same low down payment and low interest rate treatment as U.S. citizens

(3) If H1B is not selected, OPT expires:

If your visa becomes a B or F visa, you will lose the same low down payment and low interest rate benefits as American citizens

Loan conditions: The selection of lending institutions is relatively loose, and many loan banks can provide them.

It is relatively simple to meet the conditions. As long as you have lived in the United States long enough and can provide tax returns, income certificates, etc. for the past two years, the bank will provide a loan based on your income capacity.

Most of the home buyers who can apply for home loans in the United States more smoothly are green card or H1B work visa holders.