Honestly, I get why folks push back, but in my experience, having that “intent to stay” letter actually worked in my favor.
— I’d rather jump through a few hoops than risk a denial over something simple. It was awkward, sure, but my HR just shrugged and typed it up. I think sometimes the path of least resistance is just to give them what they want, even if it feels a bit much.better to deal with extra questions than get rejected outright
I get where you’re coming from, but honestly, I didn’t have to do the “intent to stay” letter when I refinanced last year. My lender just wanted my visa, paystubs, and a recent W2. Maybe it depends on the bank? I’d say it’s worth asking before jumping through extra hoops.
Maybe it depends on the bank? I’d say it’s worth asking before jumping through extra hoops.
That’s interesting, because when I bought my place two years ago, my lender was super strict about the “intent to stay” letter. Here’s how it went for me: 1) They asked for my H1B, paystubs, and W2s, just like you mentioned. 2) Then, out of nowhere, they wanted a signed letter saying I planned to stay in the US after my visa expired. I remember thinking it was kind of odd since my visa was valid for a while. Maybe it’s just a box some underwriters want checked? Either way, I’d double-check with your lender before stressing about paperwork that might not even be needed.
That “intent to stay” letter seems to pop up with some lenders and not others, which is honestly a bit frustrating. I’ve seen buyers get caught off guard by it, especially if they’re working with a bank that’s extra cautious about visa status.
Then, out of nowhere, they wanted a signed letter saying I planned to stay in the US after my visa expired.
I’ve noticed it’s usually the underwriter’s call—sometimes they just want every possible risk covered, even if your visa is valid for years. It’s not always logical from the outside looking in. Out of curiosity, did your lender give you any pushback if you hesitated or asked why it was needed? I’ve had clients who got different answers depending on who they talked to at the same bank.
It does seem like a good idea to clarify upfront what documents are required, since requirements can shift even mid-process. The last thing anyone wants is a surprise request when you’re already deep into escrow...
I’ve run into that “intent to stay” letter a few times, and honestly, it always feels like a moving target. One lender barely glanced at my visa, while another wanted a stack of paperwork and that letter—almost like they were looking for reasons to say no. I get that underwriters are trying to cover their bases, but sometimes it borders on paranoia.
It does seem like a good idea to clarify upfront what documents are required, since requirements can shift even mid-process.
Couldn’t agree more. I tell people to get everything in writing from the start, but even then, you’re not totally safe. Had a deal last year where the lender suddenly wanted updated employment verification two days before closing—total scramble. Makes me wonder if anyone’s found a lender that’s actually consistent with their requirements for H1B holders, or is it just luck of the draw?