Bay Area Tech Realtor Nagaraj Annaiah

FHA loans for H1B visa holders

July 09, 2022 Nagaraj Annaiah
Bay Area Tech Realtor Nagaraj Annaiah
FHA loans for H1B visa holders
Show Notes

If you're an H1B visa holder, you're probably wondering if you can buy a home with an FHA loan. The answer is yes!


FHA loans are government-backed mortgages insured by the Federal Housing Administration. They require lower minimum credit scores and down payments than many conventional loans, making them especially popular with first-time homebuyers and H1B visa holders.


For an H1B visa holder, the eligibility for an FHA loan depends on the borrower meeting the following guidelines: 


  1. The property will be the Borrower’s Principal Residence;
  2. The Borrower has a valid SSN, except for those employed by the World Bank, a foreign embassy, or equivalent employer identified by HUD;
  3. The Borrower is eligible to work in the United States, as evidenced by the Employment Authorization Document issued by the USCIS; and
  4. The Borrower satisfies the same requirements, terms, and conditions as those for U.S. citizens.