DACA Dreamers Denied FHA Mortgages Contrary To HUD Statements

HUD Denies Lender Claims They Are Denying FHA Loans To DACA Dreamers 

DACA Dreamers
FHA and HUD are denying claims they are denying government-insured loans to DACA Dreamers. HUD told HousingWire earlier this week that their policies have not changed in regard to mortgages to Deferred Action for Childhood Arrivals recipients.
Yet, multiple lenders and mortgage industry participants say HUD seems to be saying one thing and doing another.
Lenders say they’ve received direct statements from HUD stating that DACA Dreamers are no longer eligible for FHA mortgages.
One lender passed along a message that appears to be from a HUD employee who states that C-33 visa holders (DACA Dreamers) do not meet FHA guidelines. HUD justifies this by saying DACA status does not grant legal residency in the United States.
Another lender claims FHA told them point blank that DACA Dreamers are not eligible for FHA mortgages.

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