TN Visa Loans: The Complete Guide

Posted by in Loans | Updated on November 15, 2022
At a Glance: A TN visa is specifically for Canadian and Mexican NAFTA professional workers. The process of obtaining a loan can be difficult due to high qualifications many lenders place on applicants, but it is not impossible.

For immigrants from Mexico or Canada on a TN visa, obtaining a loan can be a difficult process due to the high qualifications many lenders place on their loan applicants. Even though a getting a loan can be hard, it is not an impossible task, and we’ve created this guide to help you out.

Here are our tips on how to obtain a loan while on a TN visa.

What is a TN Visa?

A TN visa is specifically for Canadian and Mexican NAFTA professional workers. These workers are able to expedite their visa process to begin working in the US in prearranged business activities.

Can I get a TN Visa Loan?

In order to be eligible for the TN visa, you must meet a few requirements:

First, the individual must be a citizen of Canada or Mexico.

Second, since the TN visa was created for NAFTA professionals, the applicant must have a profession that is listed on the NAFTA list and must have proof of holding the qualifications and requirements of that profession.

Lastly, the applicant must work in a full time or part-time job. Therefore, no self-employment is permitted for the TN visa.

4 Ways a TN Visa Holders Can Get a Loan

Many visa holder in the US find difficulties with obtaining a loan due to their lack of credit history and/or credit score in the US. However, there are a few ways a TB visa holder can get a loan. We will discuss each option below.


Banks are common places where individuals go to for loans, especially when they already hold an account with that bank.

This is the most traditional lender, yet they are also the least willing to overlook a lack of credit history. Therefore, although a bank might have great loan rates and terms, it may not be a good option for many visa holders who don’t have a credit history in the US.

Get Pre-Approved for a Loan

Getting pre-approved for a loan verifies your occupation, income, and other aspects of your financial security in order to make you a more eligible loan candidate. When you seek out loans with pre-approvement, the lender may be more likely to approve you for their loans since your background and financial history has already been verified.

Peer-to-Peer Lending

There are now many online sites that will connect borrowers with a lender who competes to give you a loan for the lowest rate. These lenders may be more willing to take your personal background into consideration when determining your loan terms over just looking at your credit score alone.

Online Lenders

There are dozens of online lenders who offer quick and easy loans with competitive rates and benefits. However, many online lenders often require previous credit history and/or a cosigner, although there are a few lenders that are more willing to work with candidates to give them better loan rates.

Top 3 TN Visa Loan Options

With so many loan options out there, it can be difficult to decipher which loan would work best for you. To help you out, we’ve compiled this list of the top 3 visa loan options for those on a TN visa.


Stilt is an online lender that dedicates themselves to serving immigrants and visa holders. They offer competitive loans without the need of a cosigner or credit score due to their holistic approach to approving applicants.

Instead of looking at an individual’s credit score to determine their interest rate, they look at their education, income, and other aspects of their background to determine their financial security and responsibility. This allows applicants to receive better loan terms compared to other lenders. is another online lender that has a simple application and easy approval. It’s especially great for those with bad credit, because the lender strives to help those facing emergencies and financial hardships, but can’t get a loan from a traditional lender. They value their fast, convenient loan request system that makes it simple to request a loan and easy to get approved. Most applicants can even get their loan amount deposited in their checking account the next business day.


Avant provides personal loans with no prepayment fees and easy online applications. They’ve provided loans to over 400,000 individuals with a 95% satisfaction rate. Avant has their own mobile app and great customer support which makes paying back the loan a smooth process for their borrowers.

Lender Amount Interest Rates Loan Term Instant Loan
Stilt $1,000-$25,000 7.99%-15.99% Up to 2 years Yes $500-$5,000 5.99%-35.99% 3-60 Months Yes
Avant $2000-$35000 9.95% to 35.99% 24 to 60 months Yes
Personal Loans
 for TN Visa Holders!

Check Loan Options

Loans for up to $25,000. No cosigner required. No prepayment penalty.

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Taking out a loan is a big financial decision, and it can bring on a lot of stress and hardship in one’s already busy life. However, by checking out any of the lenders we’ve mentioned above, you can still find great loan rates and terms despite having a bad credit score or no credit history in the US.

Need a Loan? Get One in 3 Simple Steps

If you are considering applying for a personal loan, just follow these 3 simple steps.


Apply online for the loan amount you need. Submit the required documentation and provide your best possible application. Stronger applications get better loan offers.


If your application meets the eligibility criteria, the lender will contact you with regard to your application. Provide any additional information if required. Soon you’ll have your loan offer. Some lenders send a promissory note with your loan offer. Sign and return that note if you wish to accept the loan offer.


The loan then gets disbursed into your U.S. bank account within a reasonable number of days (some lenders will be as quick as 2-3 business days). Now you need to set up your repayment method. You can choose an autopay method online to help you pay on time every month.


About Stilt

Stilt provides loans to international students and working professionals in the U.S. (F-1, OPT, H-1B, O-1, L-1, TN visa holders) at rates lower than any other lender. Stilt is committed to helping immigrants build a better financial future.

We take a holistic underwriting approach to determine your interest rates and make sure you get the lowest rate possible. 

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