Buying a House on EAD
Hi there,
I have applied for AOS December 2008 and have received my EAD last month. No sight of the interview letter or GC Yet.
My Wife and I are looking at buying a house pretty soon and I am wondering if anyone has faced a similar situation. I know mortgage requirements can vary from each financial institution, but do they even treat EAD as a valid status for property ownership? My previous status was F-1.
I know the first suggestion would be to wait for GC, but with the way the housing market is right now, there are some lightning deals to be had.
Feel free to suggest and throw your ideas around...
Thanks in advance,
EAD is not a status. But that wouldnt prevent you from home ownership.
EAD is not a status. But that wouldnt prevent you from home ownership.
Agree, we bought a house in 2003 when I was on H1B and then-boyfriend-now-husband was AOS-pending. No issues at all.
Good for you with the deals out there!
As long as you have a valid passport, you can buy a house here in the US. The only question is how you pay. If you try to secure a loan from a bank, they may look at things differently such as if you have a SSN, your credit score etc.