TN Visa Mortgage Program (USMCA)
U.S. Investment Property Loans for TN Visa Holders
Canadian and Mexican professionals working in the U.S. on the USMCA TN status can own U.S. investment property — without conventional banks treating the annual renewal as a risk factor.
TN mortgage program advantages
- Canadian and Mexican TN holders eligible — both USMCA categories
- Annual TN renewal (and unlimited renewals) doesn't disqualify the loan
- No SSN required — passport / ITIN identification accepted
- Up to 75% LTV on investment property purchases
- Canadian credit references and bureau reports accepted
- No U.S. tax-return history required for DSCR underwriting
Common TN occupations our borrowers come from
The USMCA TN occupation list defines which professionals are eligible. Most of our TN borrowers fall into these high-skill categories.
- Engineers (software, civil, mechanical, electrical)
- Medical professionals (physicians, dentists, pharmacists)
- Accountants and management consultants
- Scientists (chemists, biologists, physicists)
- Computer systems analysts
- Lawyers and economists
- Architects
- Teachers (post-secondary)
TN visa mortgage — FAQs
Can a TN visa holder get a U.S. mortgage?
Yes. TN visa holders from Canada and Mexico (under the USMCA, formerly NAFTA) have full legal right to own U.S. real estate, including investment properties. Total Quality Lending provides DSCR mortgages without requiring U.S. tax returns or extended employment history.
Does annual TN renewal affect my mortgage?
No. DSCR loans are property-secured — the property's rental income qualifies and continues qualifying the loan regardless of your visa renewal status. TN renewals are routine, and renewals are unlimited under the USMCA, so the credit profile is stable.
I'm a Canadian on TN — can I use my Canadian credit history?
Yes. Equifax Canada and TransUnion Canada reports are accepted for foreign national underwriting. If you've already built U.S. credit, we use that instead. Either path works under our Foreign National DSCR program.
Do I need a U.S. bank account to close?
Easier with one, but not strictly required. Down payment funds can wire from a Canadian or Mexican bank account after standard source-of-funds verification. Most TN borrowers open a U.S. account when they arrive — it streamlines rental income collection later.
What if my TN status ends — can I keep the rental?
Yes. The property and loan stay in place regardless of your visa status. You can manage the rental remotely via a property manager, continue collecting rent from Canada/Mexico, and the loan stays current as long as the property covers its debt service. Many TN borrowers structure their U.S. real estate exactly this way as a long-term hedge.