U.S. residents with DACA status – FHA is willing to approve home loans for DACA recipients – meaning they’ll get access to the low-down-payment FHA mortgage program that’s so popular with U.S. home buyers.
At Supreme Lending Dallas, we’re immensely proud to offer DACA home loans that take your home-buying dreams and turn them into a reality. With our exclusive loan program for Texas Dreamers, you can explore a consumer-friendly DACA FHA loan that introduces the opportunity for lower minimum down payments, lower credit score requirements, and more flexibility with existing debts.
Our team is dedicated to your home-buying dream. We invite you to fill out the contact form below, or contact our office so we can get started on your DACA home loan today!
The U.S. Department of Housing and Urban Development (HUD) recently addressed eligibility for FHA loans for Deferred Action for Childhood Arrival (DACA) recipients in Mortgagee Letter 2021-12. They clarified that as of January 19, 2021, potential borrowers who meet the qualifications for FHA home loans, and are also legally permitted to work in the U.S., are eligible to apply for mortgages backed by the FHA.
At Supreme Lending, we work to get you into your new home fast. Buying a house when you are a DACA recipient is basically the same as other options once you have the required information and finances in order. Here are the main steps in the loan process:
On average, it takes about 25 days to complete the process.