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New HUD rules prevent non-permanent residents from getting FHA mortgages, aiming to bar illegal immigrants.
The U.S. Department of Housing and Urban Development has introduced new rules that bar non-permanent residents from receiving government-backed FHA mortgages, a move aimed at preventing illegal immigrants from accessing taxpayer-subsidized home loans.
However, First Pryority Bank continues to offer in-house loans to ITIN borrowers who have been in the U.S. for at least two years and are on a path to citizenship.
This change affects FHA loans specifically and does not impact conventional mortgage options.
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Las nuevas reglas del HUD impiden a los residentes no permanentes obtener hipotecas FHA, con el objetivo de prohibir a los inmigrantes ilegales.