Yes—L1 holders qualify for standard conventional financing.

Fannie Mae and Freddie Mac—the two entities that back the majority of US mortgages—explicitly permit lending to non-permanent residents on valid work visas, L-1, L-1A, and L-1B included.

That means L1 holders qualify for the same conventional loans US citizens use, priced on the same factors: credit score, down payment, debt-to-income ratio, and loan amount. There isn’t a separate “visa-holder mortgage” with worse pricing—your visa status isn’t what drives the loan. Your credit, income, and employment history are.

Where L1 financing actually differs from a citizen’s file is documentation, not eligibility. Here’s exactly what that looks like.

Unexpired I-94
Showing L-1, L-1A, or L-1B classification.
Form I-797
Required if your I-94 expires within 30 days of your closing date.
DHS Stamp (L-1A)
A DHS stamp on your I-94 or passport—required for L-1A holders on certain loan products.
Two Years Employment History
Employment before you arrived in the US can often be documented toward this—ask about your specific timeline.
Prior Visa Renewal
A history of at least one renewal, showing continuity of your work authorization.
Standard Income Package
Recent pay stubs, W-2s, and tax returns—same as any borrower.

Equity, Jumbo & Non-QM Options for L1 Holders

If a standard conventional purchase isn’t the right fit—you’re looking to tap equity, you’re above conforming loan limits, or your file needs a non-agency underwrite—L1 holders also have a path through Home Equity Loans, Super Jumbo, and Non-Agency Non-QM products.

On These Products, Specifically

Primary Residence Only
Home Equity, Super Jumbo, and Non-Agency Non-QM financing for non-permanent residents is limited to primary residence.
2-Year US Employment History
These products specifically require documented US employment history, alongside standard income verification.
Evidence of Prior Visa Renewal
At least one documented renewal is required to establish continuity of your work authorization.
Spouse EAD Eligibility
This extends to spouses on certain EAD categories, including codes A17 and A18—covering spouses of E and L visa holders. Worth a conversation if it applies to your household.

L1 vs. H1B: Documentation Side by Side

If you’ve seen guidance written for H1B holders and are wondering how your L1 status stacks up, here’s the comparison—specifically for Home Equity, Super Jumbo, and Non-Agency Non-QM products.

CriteriaH1B Visa HoldersL1 Visa Holders
Visa ClassesH-1B or H-1B1L-1, L-1A, or L-1B
Primary DocumentationUnexpired I-94 showing H-1B or H-1B1 classUnexpired I-94 showing L-1, L-1A, or L-1B class
Renewal DocumentationForm I-797 if I-94 expires within 30 days of closeForm I-797 if I-94 expires within 30 days of close
Additional RequirementNone specifiedDHS stamp on I-94 or passport (L-1A holders)
Employment History2-year US employment history2-year US employment history
Visa Renewal HistoryAt least one prior renewalAt least one prior renewal
Property TypePrimary residence onlyPrimary residence only
The extra DHS stamp requirement for L-1A holders is the one meaningful difference—everything else lines up the same way.

What L1 Visa Holders Actually Ask

Common questions from L1 borrowers working through financing.

Can L1 visa holders get a mortgage in the US?+

Yes. Fannie Mae and Freddie Mac both permit conventional lending to non-permanent residents with valid work authorization, and L-1, L-1A, and L-1B holders all qualify. Pricing is based on your credit, down payment, and income—the same as any conventional borrower.

Do L1 holders pay higher mortgage rates than citizens?+

No. There’s no visa surcharge on a conventional loan. Your rate comes down to credit score, down payment, loan type, and loan amount, not your immigration status.

What’s the difference between L-1A and L-1B for mortgage purposes?+

The core documentation is the same for both. The one difference worth knowing: L-1A holders need a DHS stamp on their I-94 or passport for certain products, including Home Equity, Super Jumbo, and Non-Agency Non-QM loans.

Does my employment history from before I moved to the US count?+

Often, yes—when it’s properly documented. Lenders generally want to see a two-year employment history, and prior employment in your home country can frequently be counted toward that. Bring your specific timeline and we’ll walk through what documents you’ll need.

Can my spouse’s income count toward qualifying?+

If your spouse holds an EAD, often yes—including EAD codes A17 and A18, which cover spouses of E and L visa holders specifically. It’s worth bringing their documentation into the conversation early, since it can meaningfully change what you qualify for.

How much time do I need left on my visa to qualify?+

There’s no single hard-and-fast rule—it depends on the specific loan program and lender overlay. What generally matters most is a reasonable expectation that your work authorization will continue, which a documented renewal history helps establish. Let’s look at your timeline together.

Can I buy an investment property or second home on an L1 visa?+

For the Home Equity, Super Jumbo, and Non-Agency Non-QM products, financing is limited to primary residence only. Property type options can vary by loan program—the best way to know what’s available for your scenario is to talk it through directly.

Let’s look at
your scenario.

Visa class, employment history, and what actually makes sense for your timeline—no pressure, no guesswork.

Professor Lending, LLC (NMLS #2353843, Company NMLS #2644699) is an independent mortgage brokerage. This page is for general informational purposes and does not constitute a commitment to lend, an offer to make a loan, or a guarantee of any specific rate, term, or program. Individual eligibility varies based on credit, income, assets, property, visa classification, and loan program guidelines, which are subject to change without notice. Equal Housing Opportunity.

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