Kenneth,
Mortgage Broker or Lender, Palatine, IL
You do not need to be a citizen to buy a home in the U.S. You do need to be a permanent resident alien, and be able to provide a green card. Not very complicated really, and there are no "special programs." U.S. citizens need to provide their State ID (and Social Security card for FHA loans) to apply for a loan as well.
Jose Hernandez *Short-Sales*Foreclosure*Multifamily,
Agent, Chicago, IL
If you can legally work in the U.S. but do not hold a legal resident card, then most likely you're paying taxes through an ITIN. There's only a handful of lenders lending to ITIN holders.
Feel free to contact me for more information.
Jose Hernandez,sfr
Coldwell Banker Residential
676 N. Michigan Ave.
Chicago, IL
312-788-7079
Feel free to contact me for more information.
Jose Hernandez,sfr
Coldwell Banker Residential
676 N. Michigan Ave.
Chicago, IL
312-788-7079
Web Reference: http://WindyCityMultifamily.com
Michael Vrielink,
Agent, Chicago, IL
Chloe -- It definitely is possible to purchase, I have helped clients do this in Chicago. You have some good resources below (or I can provide others) for the mortgage and it would be wise for you to follow up with them.
Non U.S. residents sometimes are taxed in a slightly different way on the sale of the home. Though you haven't even purchased the home, I like my buyers to be aware of the complete picture so there are no surprises. This link will provide a quick overview : http://en.wikipedia.org/wiki/Foreign_Investment_in_Real_Prop…
Good luck, please email if you need further assistance in any way. I'm more then happy to help.
Michael
Non U.S. residents sometimes are taxed in a slightly different way on the sale of the home. Though you haven't even purchased the home, I like my buyers to be aware of the complete picture so there are no surprises. This link will provide a quick overview : http://en.wikipedia.org/wiki/Foreign_Investment_in_Real_Prop…
Good luck, please email if you need further assistance in any way. I'm more then happy to help.
Michael
Web Reference: http://www.chicagorea.com/consultationrequest
Jorge Vega,
Agent, Chicago, IL
Hello Cloe,
I work with two organizations that specialize in non US citizen lending. I can help you get their information along with some listings in the area you are interested in. Please call me at 773-349-2272 or email me for more information at jorgevega4u@gmail.com
I work with two organizations that specialize in non US citizen lending. I can help you get their information along with some listings in the area you are interested in. Please call me at 773-349-2272 or email me for more information at jorgevega4u@gmail.com
Web Reference: http://www.myownhome.info
Sam Sharp,
Mortgage Broker or Lender, Chicago, IL
Hello Chloe
You can buy even if you are a non US Citizen. We offer a program for Foriegn Nationals (a citizen of another country who wishes to purchase real estate in the US)
Do you have established Credit with the country where you have your citizenship?
One thing to note this program does not allow for loan amounts under $250,000 and requires a minimum of 30% down
I would be happy to assist should you have further questions.
Sam Sharp
Senior VP of Mortgage Lending
Guaranteed Rate
773-290-0455
You can buy even if you are a non US Citizen. We offer a program for Foriegn Nationals (a citizen of another country who wishes to purchase real estate in the US)
Do you have established Credit with the country where you have your citizenship?
One thing to note this program does not allow for loan amounts under $250,000 and requires a minimum of 30% down
I would be happy to assist should you have further questions.
Sam Sharp
Senior VP of Mortgage Lending
Guaranteed Rate
773-290-0455
Web Reference: http://www.guaranteedrate.com/samsharp
Bill J Deligiannis,
Broker, Chicago, IL
Greetings Chloe,
It depends on your status:
If you are illegally in the country then you cannot obtain financing.
If you have a Green Card and your finances/credit look good, then Yes, you can obtain a loan.
50% Down definitely helps your cause.
Bill J Deligiannis
First Centennial Mortgage
630-788-5288
bdeligiannis@gofcm.com
It depends on your status:
If you are illegally in the country then you cannot obtain financing.
If you have a Green Card and your finances/credit look good, then Yes, you can obtain a loan.
50% Down definitely helps your cause.
Bill J Deligiannis
First Centennial Mortgage
630-788-5288
bdeligiannis@gofcm.com
Web Reference: http://www.BJDLOANS.com
Matt Laricy, Contact Me,
Broker, Chicago, IL
You have to talk to a lender. I work with a lot of non citizens, and each situation is different. I have a lender who is experienced with this sort of thing. I would be happy to pass along their name.
Web Reference: http://AmericorpRe.com
Philip Sencer,
Broker, Chicago, IL
It is not as easy as some of these answers seem to indicate. It is interesting that not one lender responded to your post, just agents. You need to speak with a few lenders and tell them your complete situation to see what they say. The big banks like Chase, BOA, Wells probably will not be able to do it, but there are many others that might. My web site has some good lender references. It does not cost anything to speak with them and see if they can help. Then find an agent...................perhaps me.
My web site gives you information about my Buyer Rebate program.
My web site gives you information about my Buyer Rebate program.
Marina James, MBA,
Broker, Chicago, IL
Yes, you can own a house or condo. There are condos even in the downtown area for less than $100K! It is a great time to invest in real estate in Chicago. If you reside in the area and have a job, you can get a mortgage with minimal down payment even if you are not a US citizen. IF you do NOT reside in this area, but have regular income/job in the US or overseas, you can still get a mortgage, especially since you have a 50% down payment. Good Luck!! And let me know if you need assistance. Marina James 312-434-4669
Alex Summers, Broker Associate,
Broker, Chicago, IL
Ok sounds good. Ive done transactions like this before. Give me a call and we can move forward. 773 733 1153
Adam Barrera,
Real Estate Pro, Chicago, IL
You do not need a green card all you need is an ITIN # and show that you are working and paying taxes. Most banks have eliminated their ITIN programs but there is still few out there. At the 50k to 100k range you are probably looking at a foreclosure or SS property and you may run into other problems there but we may be able to help.
Web Reference: http://qualityfundingsource.financial.officelive.com/le...
Alex Summers, Broker Associate,
Broker, Chicago, IL
Chloe,
I would be more than happy to answer your question for you. Give me a call at 773 733 1153 and we can discuss further about your options. Thanks!
-Alex
I would be more than happy to answer your question for you. Give me a call at 773 733 1153 and we can discuss further about your options. Thanks!
-Alex
