Hi all, I previously started a thread in the "Sales" section but did not get much response, so pardon me while I narrow my queries on this specific discussion board.

Would appreciate any information re financing a condo purchase for H1-B visa holder (20% downpayment) - recommendations for mortgage brokers, banks, or any other tips etc.

Thanks in advance!

a bigger questions is "Do you have US credit history?"

Hi Smartypie,
I think if you have a US credit history, then it's fine. I am on an L visa and currently buying my first place. I had a momentary freak out when I thought the bank wouldn't give me the loan, but I checked with them and they said it was ok (Citibank), don't know if the same is for other banks, but I'm assuming it is.

i bought a condo in SF when I was on H1 with mortgage from Bofa

Hi all, thanks for the responses. I do have US credit history as I've been here studying for a few years since leaving the UK.

Roseslg: Did you go thru a mortgage broker or deal with a bank directly?

we bought after 3 years with a L1 through citibank no probs.

smarty, I dealt with the bank directly. Got a great interest rate as well (3.625).

H1-B is treated the same way as a US Citizen with most banks. There shouldn't be any issues as long as you meet the credit and income requirements.