May 23, 2012

Can Foreigners Buy US Real Estate?

Question: Can non-citizens obtain a mortgage?

Answer: Lenders have protocols which allow foreigners to buy property here.

Non-citizens who are financially qualified can generally obtain a mortgage on the same terms as US citizens if they have a Registration Receipt Card 1-151 (a green card); an alien registration receipt card without an expiration date, an alien registration receipt card without an expiration date but with a copy of INS Form 1-751, an unexpired foreign passport marked "processed for 1-551."

Lenders can provide specifics.



© 1997 Peter G. Miller. All Rights Reserved.

Written by Peter G. Miller.

© 1997 Peter G. Miller. All Rights Reserved. Rules, Disclaimers & Notices.


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