Tag: sponsored employee

FHA – Visa Status: If a borrower has a J-1 Visa working on her medical residency and has a sponsored employer, will she be eligible for an FHA loan? [New Chart – Interactive VISA Status Chart]

Answer: FHA provides no detail on the acceptability of visas and requires the lender to determine that the borrower resides and works in the US legally and their residency status and income is stable and likely to continue for at least 3 years.  We have attached our Interactive VISA Status Chart which was just released and […]

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