CAN A PERSON WITH AN L1 WORK VISA BUY A HOME IN USA?
What is an L1 Visa?
An L1 visa is typically a short term visa (depending on the country) where an employee is transferred to the U.S. working for the same employer they were working for already (international companies), so the employer would need to have started the sponsorship before most lenders would do a mortgage to show they will be remaining in the U.S.
Typical requirements are that the visa needs to have at least 3 more years on it...OR if the employer has started the sponsorship for the green card, then the visa will NOT be renewed by immigration, so the sponsorship paperwork is the substitute documentation.
Borrower still needs a 2 year credit history and assets need to be in a U.S. bank account
Any Lender should be able to do it. But, if you don’t know any lenders in your area and looking for one, you can directly contact:
Julie C. Nichols
Vice President, Sales
NMLS #280620
Guardian Mortgage Company, Inc.
2701 N. Dallas Parkway | Suite 280 | Plano, TX 75093 | Find me:
Office: (972) 248-4663 | Direct: (214) 473-7946 | Fax: (888) 329-6935
juliecnichols@gmc-inc.com | www.guardianmortgageonline.com
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With the pride of living over 33 years in Plano, I am proud to serve as your Professional Real Estate Consultant and guide you through the selling, buying and leasing process, help you locate a suitable site for your business, provide neighborhood demographics and schools information, and more information. Mobile: 214-457-7055 Fax: 972-596-7984 email: Bahman@TexasFiveStarRealty.com www.TexasFiveStarRealty.com
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