{"id":6361,"date":"2017-06-28T14:13:30","date_gmt":"2017-06-28T18:13:30","guid":{"rendered":"http:\/\/teammovemortgage.com\/?p=6361"},"modified":"2020-07-13T22:29:01","modified_gmt":"2020-07-13T22:29:01","slug":"green-card","status":"publish","type":"post","link":"https:\/\/teammovemortgage.com\/blog\/green-card\/","title":{"rendered":"Buying a Home With or Without a Green Card is Possible"},"content":{"rendered":"

The American Dream.\u00a0 It looks different to each person, but\u00a0a very\u00a0common dream to many\u00a0is the dream of\u00a0homeownership<\/a>.\u00a0\u00a0Although, the homeownership dream is not reserved just for American citizens.\u00a0 Non US citizens with a green card <\/a>may be able to buy a home<\/a>.\u00a0 BUT, there are even ways to buy without a green card. There are some additional residency guidelines that must be met, which we will explain further.<\/p>\n

Is a Social Security Number Required to Buy a House?<\/h2>\n

Even though someone may not be a US citizen, it is very possible to have a social security card.\u00a0 This unique identifying information should mirror the number on w2, pay stubs, and tax returns.\u00a0 Also, keep in mind that a social security number is different than an ITIN or Tax Identification number.<\/p>\n

When it comes to buying a home, there is a difference for buyers with a social security number or an ITIN.\u00a0 In order for us to be able to lend, a social security number is required.\u00a0 So this will be the first question we will ask if a buyer is not a US citizen.<\/p>\n

Non\u00a0Permanent or Permanent Residents Buying a Home<\/h2>\n

Over the years, the United States population has continued to become more and more diverse.\u00a0 The percentage of nonpermanent or permanent resident aliens compared to US citizens has steadily increased.\u00a0 This is especially true\u00a0in certain parts of the country – larger metropolitan areas and especially\u00a0in the\u00a0southeast US<\/a>.\u00a0 So this diverse population now comprises a significant portion of today’s homebuyers.\u00a0\u00a0For this reason, we want to share details\u00a0on how to buy a home with or without a green card.\u00a0 Plus we share the list of required documents the buyer will need to provide.<\/p>\n

Please keep in mind that this article is general in nature and each loan type may be a little different.\u00a0 For instance, USDA<\/a> loans or state bond programs require borrowers to be a permanent resident alien.\u00a0 Other loan types such as FHA<\/a>, VA<\/a>,\u00a0or Fannie Mae conventional loans may allow for non permanent alien buyers.\u00a0 Proof of residency status and social security number is required as discussed\u00a0later\u00a0in this article.\u00a0 It is best to provide the documentation up-front to verify residency status.\u00a0 The list is provided below.\u00a0 Then, we can verify credit, income, and other mortgage requirements.<\/p>\n

Buying a Home May Help With Immigration Status!<\/h2>\n

Consult an immigration specialist about how owning a home affects immigration status.<\/p>\n

Documentation for Non US Citizens<\/h2>\n

The best thing to do is provide the following documents to us up-front.\u00a0 So, we can then verify residency status in the beginning.\u00a0 Please provide clear copies of the following and color copies of ID’s.\"buying<\/p>\n