filed AOS, applying for a mortgage?

[hanster 0]

I am currently a graduate student in the states on an F1 student visa married to a U.S. citizen. We filed for AOS late devember. My wife is in graduate school and she does not have a job. I am in graduate school and I have a teaching assistantship and it pay around 13k/year.

I do not have any student loans or bad credit at all, i have been in the states for 6 years now and with a great credit. my wife has her student loans still.

We were thinking about buying a small condo and were wondering if I would be able to apply for a mortgage or not using my income since I am not yet a permanent resident.

has anyone been in this sitution before?

i was looking at mortgages and it would be cheaper for us to make mortgage payments vs paying an expensive rent.

your comments are very appreciated.

[rebeccajo 14]

You will probably have to search around for loans made to foreign nationals. The rate might be slightly higher or you might pay more points than someone else.

[hanster 0]

You will probably have to search around for loans made to foreign nationals. The rate might be slightly higher or you might pay more points than someone else.

once i receive my green card, would i be able to get a mortgage like any other person or would a permanent resident status differ from a citizen when applying for mortgages and loans?

thanks

[rebeccajo 14]

Once you have the greencard you are good to go. Providing you have stable employment and have built up a credit history.