Written By: Lloyd Rutherford, Staff Writer At long last, we have finally received clarification from one of the agencies regarding lending to DACA status clients! In this update, Fannie outlines very clearly how to assist Non-US Citizen applicants. Rule Synopsis: Fannie Mae issues their first ever Fact Sheet to provide more clarity around a topic […]
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Written By: Lloyd Rutherford, Staff Writer At long last, we have finally received clarification from one of the agencies regarding lending to DACA status clients! In this update, Fannie outlines very clearly how to assist Non-US Citizen applicants. Rule Synopsis: Fannie Mae issues their first ever Fact Sheet to provide more clarity around a topic […]
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Answer: FHA requires each borrower to have a Social Security Number (see the guideline below) so borrowers with an ITIN are not eligible. Permanent resident aliens refer to someone who has a permit titled a Lawful Permanent Resident Card, otherwise known as a Green Card. A visa holder is a non-permanent resident alien. Reference: 4000.1 II.A.1.b […]
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