Bying House while on EAD (485 Pending)

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kumaran856

New Member
Is it a good idea to buy a house while I have an EAD and my 485 is pending(PD:July 2007). I am already in the process but need to know whether to continue with it or not. I do not have H1 now, Only EAD.
 
Go for it man! Exactly same situation..I am doing it.. my PD is EB3 March 2004.Don't know when i will get my GC.Actually tomorrow is the closing day.
 
It should be fine to buy house when 485 is pending. I went with 3 years h1 extension, as I don't have plans to switch employer till I get my GC approved and I didn't wanted to renew EAD every year.
 
GPG said:
It should be fine to buy house when 485 is pending. I went with 3 years h1 extension, as I don't have plans to switch employer till I get my GC approved and I didn't wanted to renew EAD every year.
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If you are laid off, it's going to take a long time to get another job if you don't already have an EAD in your hand.
 
I bought my house even before my NIW I-140 was approved (and I had no underlying status). However, I will say that Bank of America would have given me a better deal had I had a green card. I ended up going with another lender, which sold my loan to Countrywide, which now is part of BOA, for about $100 more/month than the original BOA offer would have cost. Oh well.... Just make sure they don't withdraw or change their terms when they find out you're not yet an LPR....
 
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