Most people are oblivious to the many Visa types that Fannie Mae allows.

The number is actually shocking, as even I had no idea how many Fannie allows until a few weeks ago.

This means that immigrants of numerous types can qualify for Fannie Mae financing with as little as 3% down, credit scores as low as 620, and debt ratios as high as 50%.

Visa Types Fannie Mae Allows

Below is a comprehensive list of the many different types of Visas that Fannie Mae allows as well and descriptions of what each Visa is used for.

Diplomats, Foreign Government Officials, Nationals & Foreign Government Employees Visas

  • A Visa Series (A-1, A-2, A-3): The A Visa Series are typically issued to diplomats and foreign government officials.
  • E Visa Series (E-1, E-2, E-2S, E-3, E-3S (spouse), E- 3D (spouse), E-3R (returning)): Nationals of countries with a commerce treaty with the United States who are in the country to engage in substantial trade are eligible under this visa series​.
  • G Visa Series (G-1, G-2, G-3, G-4, G-5): These Visas are issued to employees of foreign governments or international organizations residing in the United States.

Temporary Workers & Professional Employees Visas

  • H Visa Series (H-1B, H-1B1, H-1C, H-4): Temporary workers with specialized knowledge or skills fall under this category. H-4 Visa holders are also eligible provided the primary Visa holder (H-1B or H-1B1) is on the loan.
  • L Visa Series (L-1A, L-1B, L-2, L-2S): These are for professional employees working for a non-U.S. company being transferred to an American office or subsidiary, along with their dependents.

NATO, NAFTA & “Extraordinary Ability” Visas

  • NATO Series (NATO 1-7): Representatives, officials, and experts from NATO countries visiting on official business are eligible under this series​.
  • TN Visa (Canadian and Mexican NAFTA series): NAFTA-specific employees for prearranged official business activities for foreign or U.S. employers fall under this category.
  • O Visa Series (O-1A, O-1B, O-2, O-3): Individuals with “extraordinary ability” in certain fields along with their spouse or children are categorized under this series​.

Additional Types Of Visas Whose Holders Can Qualify For A Mortgage In The U.S.

  • J-1 Visa: Holders of this Visa may require a down payment of 20-25% for mortgage approval​.
  • F-1 Visa: This is a student Visa, and while it’s not mentioned in the list of eligible Visas for mortgage loans, there are circumstances under which F1 Visa holders might be able to obtain a mortgage, especially if they have a solid financial background and employment authorization.
  • Additional types of Visas whose holders can qualify for mortgage loans in the U.S.: I, IR1, CR1, CR6, J-2, K-3, K-4, P-1A, P-1B, P-2, P-3, R1, S-1/S-2 (also coded as S-5 and S-6), S-7, T-1, T-2, T-3, T-4, U-1, U-2, U-3, U-4.

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