Can a green card holder buy a house?

[LmmL 46]

I'm curious and it's a sudden thought i just had.

Can anyone give any explanation/thought?

[cahrie99 12]

Good question....interested in hearing this myself

[del-2-5-2014 1,339]

I didn't think so but I was told on here that they can.

They even went as far as to say you don't even have to live in the US to own properties.

[ravioli0526 1]

Sure! Just need to have a good credit if want to apply for a loan

[KayDeeCee 4,892]

~ Moved from AOS Family Based to Moving Here and Your New Life in America- topic not about AOS process ~

[LmmL 46]

Ok cool!

Thanks

[Penguin_ie 5,986]

Yep, you can buy a house. Foreigners too (non residents I mean). Plenty of Canadian snow birds and Irish with Florida holiday homes.

[LmmL 46]

Nice. Thank you.

[EmigratingSwede 16]

I bought a house last December, about 10 months after getting my green card. I had managed to get a good credit score so that was not the problem. The major problem was that most banks require you to provide two years of W2's to give you a mortgage. Since I had not worked in the U.S. for two years I had to find a mortgage another way. A local credit union gave me a mortgage since I could put 20% down. I did get a slightly worse interest rate though (3.75% instead of 3.5%).

[LmmL 46]

Thanks for sharing

[Morningmist 76]

yep. I actually know a lot of non residents who have bought homes in the US. Most of them are on H1B visas. Depends on the bank and your credit history. Some banks wont loan to non residents. Esp. banks who had been TARP recipients.

[crystal01 29]

Yep I am a green card holder and was able to buy our house

[LmmL 46]

Thank you, thank you

[Soner1988 0]

yea u can buy house if you have good credi so simply

[LmmL 46]

Yes, that's what the other commenters said.

Edited September 16, 2013 by ButterflyAngelo