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  • H1-B & Mortgage

    Let me preface this post with some context: I'm 24, from England and arrived in the US on a H1-B visa in February. I graduated in August 2009 with a BSc degree in business & IT.

    I'm currently making some decisions relating to my long-term presence here in the US. Specifically, I'm interested in hearing from anybody who's took out a mortgage whist on a H1-B visa. Answers to any (or all) of the following questions would be greatly appreciated...

    Were there any barriers relating you recently initiated credit footprint?
    Were there any concerns (on the bank or real estate agent's part) regarding your "temporary worker" status?

  • #2
    This should not be a problem. I know a lot of people on the H1B temporary visa who have took mortgage to buy a house. However, you need a good credit history, otherwise the interest rate will be high.
    Not a legal advice. Use of this information is strictly at your own risk.

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