Saturday, October 25, 2014

What is the likelihood of getting a mortgage loan if someone does not have a green card?

This is the story: My friend is a college professor and has completed one year and currently in his second year. Prior to this job, he lived in Canada for a while where he was employed by a college but was born in another country. The University he is working for is sponsoring his Visa. He is expected to obtain tenure after 4 years.

He does not have a green card, but does have stable employment at a US University (even though he has been there for only 1 ½ years) he has a Social Security Number and is legally renting an apartment in the US for 1 ½ years…. What are his chances of getting a mortgage loan from a Credit Union?
Added (1). He has an excellent credit score.

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