Is it cheaper to pay for a house in the United States if you have a U.S. green card?

If you want to invest and buy property in the United States, you definitely don’t want to miss such a good opportunity. However, there are still some differences between buying a property in the United States and whether you have a green card. Let Qiaowai U.S. Investment Immigration explain them one by one:

No restrictions on home purchase qualifications

The U.S. federal government has never prohibited foreigners from purchasing real estate in the United States. Any foreigner can buy a house in the United States.

The United States is a country of immigrants and welcomes foreigners to invest or purchase real estate in the United States. There are almost no restrictions on buying houses.

The conditions for foreigners to apply for mortgage loans are more stringent than those for locals

In the United States, the interest rate for home purchase loans for locals (locals refer to people with a U.S. green card or U.S. citizenship) is generally lower than 4% , but foreign buyers usually do it for investment purposes, so the interest rates they can get will be 5% or even higher. Moreover, in most states in the United States, although foreigners (without a U.S. green card) can purchase U.S. real estate through loans, the down payment usually requires 40-50%, and the lender also needs to provide proof of cash, proof of assets, passport, proof of income, and credit Records, having a U.S. bank account, providing proof of current residential address, etc.