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I am currently on H1b visa that is expiring in October 2013. I have an approved I140. My company told me that H1b will be renewed over the summer. With this information, I had approached Chase bank for pre-qualification. They pre-qualified me for a home loan, but while doing it they did not ask me much about my visa status. I liked a builder in PA and signed the contract. Will my visa expiry in October 2013, prevent me from getting the loan, although the renewed 3 year H1b will be available in late October. I have otherwise good credit history high 750, with 20% down payment.
Your suggestions will be much appreciated.
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