Home Loans for Persons with No Green Card or Citizenship

A true 30 year fixed loan for purchases or refinancing.            (as of 2022)

You do NOT need to be a Permanent Resident Alien.

No Green Card or Citizenship required required – Home Loan

New program offered No Green Card or Citizenship required.

• Borrower needs to live in the United States.
• Need Passport of other country they live in.
• They need to be working here in the United States for at least 2 years.
• Needed for self employed persons is 12 or 24 months bank statements.
• Needed for wage earner is W2s
• DTI is 55%
• Need ITIN (An Individual Taxpayer Identification Number (ITIN) is a tax processing number )
• Minimum down payment is 20%
• Mattress money for the down payment is okay.
• See all the Rates and details for a purchase loan at http://selfemployedhomeloans.info/loan-programs/purchase-loans-for-self-employed-persons
• See all the Rates and details of a refi at http://selfemployedhomeloans.info/loan-programs/refinance-loans-for-self-employed
• **if nothing shows up for credit on the ITIN they we need 3 alternative credit lines such as cell phone bill, rent verification, and or water and power payment history, etc.
• Loan offered is a 30 year fixed loan with no prepayment penalty.
• Loan is good for owner or non owner properties (condo, SFR, 2 to 4 units)

• Special Notes:

  • No Prepayment Penalty.
  • 55% DTI okay.
  • Personal and or Business Bank statements. Provide all pages.
  • We look at 100% of the deposits as income. Do not count returns or transfers**
  • **We will count transfers from your business account to personal account. Then you will need to show that particular business bank statement from that month it was transferred from.
  • No buy downs.
  • No reserves unless over 75% LTV.
  • We only use Trans-union score for this particular loan product. For husband and wife we add the 2 scores and divide by two for pricing on our matrix.
  • For TERMS 10 years is 10/10 as a 30 year is 30/30 amortization.
  • Cost is 3% points plus $1,625
  • Brokers can make 50 basis points on the loan amount.
  • This Loan Program available NATIONWIDE.