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Old 05-18-2009, 08:15 PM
PBECVictim PBECVictim is offline
Senior Member
Priority Date
:
Dec-03
Category
:
EB2
I140 Mailed Date
:
07/25/2007
Chargeability
:
India
Processing Stage
:
I-140+I-485
I485 Mailed Date
:
07/25/2007
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Join Date: Mar 2006
Posts: 113
PBECVictim will become famous soon enough
Default Banks are rejecting Jumbo loans for EAD

Jumbo loans are not getting approved for EAD status. Banks are rejecting Jumbo loans (> 417K) if your immigration status is EAD or AOS. I don't have any idea about normal loans (< 417K). But banks are giving Jumbo loans if the status is H-1B.

But noone is rejecting loan, if your down payment is 20% of the value of the home.
__________________
PD Dec 2003 (EB2 India)
I-140/I-485 Received Date- 07/26/2007
I-485 Status- Approved
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