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VISA Types on Conforming Loans

VISA Types on Conforming Loans

CategoriesNews & Awards

Rebecca Squyres

February 19, 2020

GMFS is Now Accepting all VISA Types on Conforming Loans

Citizenship Requirements

Borrowers must meet the following requirements:

  • Each borrower on the loan must have a valid Social Security number
  • Each borrower must have a valid VISA
  • Employment authorization document (EAD) or an acceptable I-797* Notice of Action, or other documentation showing he/she is legally present in the US.
  • Any visa, or other document, expiring within 90 days must have either previous renewal history or documentation showing application for extension.

The following non-immigrants are ineligible for financing:

  • Foreign Nationals (Non-Resident Aliens)
  • Non-permanent resident aliens as non-occupying co-borrowers
  • Non-US citizens with no lawful residency in the US.
  • People with diplomatic immunity
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GMFS Mortgage is a BBB Accredited Mortgage Lender in Baton Rouge, LA

 

Equal Housing Lender. ©2017 GMFS LLC. Loan programs not available in all states, or to all consumers. All loans are subject to availability at the time of application and for terms that meet each individual consumer’s needs and qualification information. Loan applications are subject to credit and property approval. GMFS LLC encourages all consumers to consult with a tax advisor concerning the tax implications for the type of mortgage sought. All mortgages are originated by GMFS LLC, NMLS ID #64997, at 7389 Florida Blvd. Suite 200A Baton Rouge, LA 70806. The retail division of GMFS LLC is Doing Business As “GMFS Mortgage”.

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