Can Green Card Holders Buy a House & Get a Mortgage Loan in the United States?

SVP, National Sales Manager-Mortgage Banking

Key Takeaways:

• Green card holders can both buy property and qualify for U.S. mortgage loans.
• Documentation needs are similar to U.S. citizens, though lenders may request additional verification for non-citizens.
• Those using foreign income or international credit history still have options, including International Credit Reports (ICRs) and alternative income verification.

Good News—Green Card Holders Can Buy Property in the U.S.

Green card holders—and even many non-citizens—are allowed to purchase property in the United States. The real difference appears when buyers need financing. Mortgage requirements vary depending on residency status, but none are impossible to navigate. This guide breaks down what to expect so you can feel confident about your next step.

What to Know When Buying a Home in Cash

For buyers paying either fully or partially in cash, the steps look almost identical to those required of U.S. citizens. You’ll simply need a government-issued ID and proof of funds.

If the funds originate outside the United States, buyers should account for currency conversion rates, international wire timelines, and any associated fees. Beyond those considerations, the process tends to feel familiar and straightforward.

Most green card holders, however, begin to encounter added complexity when financing becomes part of the equation.

Applying for a Mortgage as a Green Card Holder

The good news: many lenders view green card holders favorably because they’ve established residency, income stability, and long-term ties to the U.S. For this reason, green card holders often qualify for mortgage products, rates, and terms similar to those available to citizens.

The documentation requirements are similar as well, though lenders sometimes ask for additional verification depending on your financial background or employment situation.

What You’ll Need to Provide

Borrowers usually submit several standard items when applying for a mortgage. These typically include:

• A valid passport, driver’s license, or permanent resident card
• Social Security Number (SSN) or Individual Tax Identification Number (ITIN)
• Pay stubs, W-2s, or tax returns from the past two years
• Bank statements and employment history

Some borrowers may also be asked to provide additional information, such as investment records, retirement account statements, or documentation that shows a history of on-time rent payments. These items help lenders understand your financial profile and credit habits.

Using Foreign Income to Qualify

Borrowers who earn part or all of their income abroad can still qualify for a mortgage. In these cases, lenders may request translated tax documents, proof of foreign employment, or third-party verification of earnings. The goal is to ensure the lender can accurately evaluate your debt-to-income ratio using consistent standards.

A mortgage specialist experienced with non-citizen borrowers can help streamline this process and anticipate what documentation may be needed.

If You’re Not a Green Card Holder

Non-resident foreign nationals can also get a mortgage, though the process is more specialized. Some banks offer foreign national loans, which are designed specifically for borrowers who do not live in the U.S. or do not hold permanent residency status. These loans often require a larger down payment and may come with higher interest rates, since they are not backed by Fannie Mae or Freddie Mac.

If this situation applies to you or a family member, a lender familiar with multicultural lending can help clarify available options.

Credit History for New U.S. Residents

U.S. credit scores do not transfer from other countries. However, your financial history isn’t erased simply because you move. Many lenders can access an International Credit Report (ICR) that summarizes your payment history, open accounts, and outstanding debts.

This report helps fill gaps in your financial profile and can influence your loan terms.

At the same time, building U.S. credit early — through credit cards, installment loans, or timely bill payments — can strengthen your application. Raising your credit score is possible, and the first step is understanding what factors impact it.

FAQs for Acquiring a Mortgage as a Green Card Holder

Can green card holders qualify for FHA or VA loans?

Yes. Green card holders can participate in a number of government-backed mortgage programs, including Federal Housing Administration (FHA) loans which offer flexible credit requirements and competitive down payment options. They may also qualify for loans from the U.S. Department of Veterans Affairs (VA loans), if they meet the military service requirements.

Can green card holders use their foreign income to qualify for a mortgage?

Yes, foreign income will meet many lenders’ proof of income requirements.

Can a green card holder's spouse be included on the mortgage if they aren’t a citizen?

In most cases, yes. However, their income and credit history will be included in the review process, so it’s important to understand how that may affect your loan terms.

Can green card holders purchase investment properties, land, or commercial buildings?

Green card holders and other residents aren’t limited to only buying residential homes. You can purchase second homes, rental properties, land, or commercial buildings. Financing requirements vary depending on the property type.

Additional Home-Buying Considerations for Green Card Holders and Other Non-Citizens

Tax Rules When Selling 

Selling a home can come with unique tax considerations for green card holders and non-citizens. Non-resident sellers may be subject to withholding under the Foreign Investment in Real Property Tax Act (FIRPTA). Green card holders who qualify as U.S. residents for tax purposes may not be subject to this withholding. There are also considerations when getting a mortgage before selling a house.

Separately, many homeowners may qualify for capital gains exclusions — up to $250,000 for individuals or $500,000 for married couples — if they’ve lived in the home for two of the last five years.

Because tax rules vary, speaking with a tax advisor can help ensure you understand what applies before selling your property.

Rental Income Considerations 

If you own U.S. rental property as a non-U.S. tax resident, your rental income may be subject to different U.S. tax rules than residents. A qualified tax professional can help you understand what applies in your situation.

Ready to Explore Your Mortgage Options? 

Whether you’ve recently moved to the United States or have been building your life here for years, Bank of Hope is here to help you navigate the homebuying journey. Our mortgage experts understand the unique questions that green card holders and non-citizen buyers often face — and we tailor our guidance to meet your needs.

Talk to a Bank of Hope mortgage specialist today to get personalized support and take the next step toward homeownership.