Non-Permanent U.S. Resident OK for 3.5% Down FHA Loans is a post from: FHA,VA and Conventional Home Loans in all 50 States

There are a lot of potential homeowners that assume erroneously that they need to be U.S. Citizens to get a mortgage loan to purchase a house in the United States.   And there are others that believe that yes they can get a home loan as a non-permanent resident, but they would have to put a very large down payment down.  Both of these beliefs are false.   As long as you have a social security number and are eligible to work in the United States, you may likely be able to qualify for a 3.5% down payment FHA loan to purchase your primary residence.

A quick review of highlights of FHA home loans:

• only 3.5% down require and that can be a gift from a relative or lifelong relationship
• you do not need perfect credit
• flexible underwriting guidelines
• 30 year fixed rate mortgages that are still at historic lows
• low amounts all the way up to $729,000 in California

Warm Regards,

Rob Chomentowski

Sr. Loan Officer and FHA specialist

rob@affinity-financial.com

858-922-7899