Guide to Immigration Loans and Financial Assistance

Immigration Loan

Immigration loans play a crucial role for individuals and families navigating the often costly process of relocating to a new country.

Whether it’s for covering the expenses of visa applications, legal fees, travel, or resettlement, these loans can alleviate the financial burden associated with immigration.

In this article, we’ll explore what immigration loans are, list some companies that offer these loans, the amount of loan they can provide, their websites, and how you can apply.

What are Immigration Loans?

Immigration loans are specialized financial products designed to help cover the various costs associated with moving to a new country.

These costs can include but are not limited to, visa application fees, attorney fees, airfare, and initial living expenses.

Unlike traditional loans, immigration loans are tailored to meet the specific needs of immigrants, often with consideration for their unique financial and legal situations.

Immigration Loan Companies

Several companies and financial institutions offer immigration loans, each with its own terms, loan amounts, and application processes. Below are some notable options:

1. Stilt

Loan Amount: Offers loans ranging from $1,000 to $35,000.
Website: Stilt
Application Process: Applicants must provide proof of legal presence in the U.S., have a U.S. bank account, and meet certain income requirements. The process involves a simple online application, after which Stilt conducts a review and provides a loan offer.

2. Boundless

Loan Amount: Partners with lending institutions to offer varied loan amounts, typically up to $15,000.
Website: Boundless
Application Process: While primarily known for its immigration filing services, Boundless also helps connect applicants with financial products. The exact application process and requirements depend on the partner lender.

3. LoanBuilder, A PayPal Service

Loan Amount: Offers loans up to $500,000, though such high amounts are generally not directed at immigration expenses.
Website: LoanBuilder
Application Process: Provides a customizable loan amount and term with a single fixed fee. Applicants can apply online, providing details about their financial situation.

4. Avant

Loan Amount: Offers personal loans that can be used for immigration purposes, with amounts ranging from $2,000 to $35,000.
Website: Avant
Application Process: Avant’s application process involves a soft credit check that doesn’t affect your credit score, followed by a hard check if you accept the loan offer.

5. Sunrise Banks

Loan Amount: Specific amounts for immigration loans are not publicly listed but they offer personal loans that can be utilized for immigration expenses.
Website: Sunrise Banks
Application Process: Interested applicants need to contact the bank directly to learn more about the application process for personal loans.

How to Apply for an Immigration Loan

The application process for an immigration loan generally involves the following steps:

1. Eligibility Check: Most lenders have an initial eligibility check that involves answering a few questions about your immigration status, income, and financial need. This step often doesn’t impact your credit score.

2. Application Submission: If eligible, you’ll be asked to complete a more detailed application, which may require documents such as proof of identity, proof of legal residence or visa status, and financial documents.

3. Review and Approval: The lender will review your application, which may involve a credit check. If approved, they will offer you a loan amount, rate, and terms.

4. Acceptance and Disbursement: Upon accepting the terms, the loan amount will typically be disbursed to your bank account, often within a few days.


Immigration loans can significantly ease the financial strain of moving and settling in a new country.

By carefully selecting the right lender and understanding the terms and conditions of your loan, you can make the immigration process more manageable.

Always ensure to review multiple options and consider the total cost of the loan, including interest rates and fees, to find the best solution for your situation.