Try Sonabank in McLean ( Southern National Bank ). If that doesn't work, E-mail me at firstname.lastname@example.org, and I'll see what I can do with another local area bank where I have connections from my days as a home builder ( getting up at 0.00-Dark minus 30 minutes gets old after you hit 60. )... more
Many legal residents of the United States who are not United States citizens are unaware that they can buy a home and obtain a mortgage. The American dream of home ownership is available now for these residents.
Mortgage loans to buy a home are available both to United States citizens and lawful permanent or non-permanent residents of the United States. Fannie Mae, Freddie Mac and the FHA program all have similar rules and the loan products available to these borrowers are the same mortgage programs at the same rates and terms as for United States Citizens. There is no extra cost, fees or higher interest rates if you are borrow but are not a citizen.
Depending on the type of residency status a borrower has, additional qualifying rules may apply in order to get approved for a loan as a non-citizen. These rules require establishing legal residency in the United States, a residence history and the ability to demonstrate a credit history.
There are no specific set of documents required to establish that a resident is living in the United States under a legally valid situation. Permanent resident aliens will be issued a green card by the U.S. Immigration and Naturalization Service (INS). Non-permanent resident aliens will usually have a visa and passport. There are many different types of visas with numerous benefits and restrictions.
Borrowers with residency documentation that expires in the near future may still be able to obtain a loan at the discretion of a mortgage underwriter.
Borrowers must also demonstrate that they have been in the United States for at least two years
If you have additional questions or need a mortgage loan officer to work with, I can recommend several I have worked with and highly recommend.
Fairfax Realty, Inc.