Among the biggest barriers to qualifying is the lack of meeting the minimum credit score, number and length of U.S. credit accounts. The solution for any borrower to get a U.S. credit score is you need to have a social security number with sufficient credit usage.

Without minimum number of credit accounts or length they were open, some lenders will allow alternate credit by using the payment history from common utility bills like electric, gas, cell phone, water, and cable or live streaming TV accounts.<\/p>\n\n\n\n

Borrowers must have a 12 month minimum history in two or more accounts for a credit score to be created. As a result, new residents permanent or non-permanent generally hold off one year or more prior to applying for a home loan.

Additional questions regarding income and assets should be addressed by an NMLS licensed loan originator. Inquire with one at 1st NWM.<\/p>\n","protected":false},"excerpt":{"rendered":"

Residents with green cards and work visas may be able to meet the requirements to get an FHA or conventional home loan in the U.S. whether or not they are U.S. citizens. The first step to qualifying is confirming the type of resident you are in the U.S. If you are a person with a green card and social security number you are Permanent Resident Alien. On the other hand if you are living in the U.S. without a green card but you were given a Social Security Number mainly for employment you are a Non-permanent Resident Alien. The employment or position in the U.S. could continue for many years. […]<\/p>\n","protected":false},"author":4,"featured_media":697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[134],"tags":[136,135],"class_list":["post-695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-permanenet-resident","tag-foreign-home-loan-non-us-citizen","tag-non-permanent-resident-mortgage"],"yoast_head":"\n