Buying a House in the US | Can a Foreigner Buy Property in the USA?|Non-Resident Mortgage
Are you a non-citizen moving to the Iowa City area and interested in buying a house? Yes, it is possible for a foreign buyer to buy real estate property in the USA, and there are more options than just a cash purchase! In today’s video I speak with a mortgage loan officer, Pete Johnson of GreenState Credit Union, about two types of financing available to foreigners who want to finance a USA home purchase– a conventional mortgage loan and an in-house adjustable rate mortgage (ARM). We also discuss credit, how it is not generally transferable from one country to another, and how to quickly build a US credit score which will allow you to qualify for a loan.