HUD declares FHA isn’t any longer supporting DACA mortgages
HUD declares FHA isn’t any longer supporting DACA mortgages
“DACA recipients stay ineligible for FHA loans”
After months and months of doubt about whether or not the Federal Housing management is backing mortgages for Deferred Action for Childhood Arrivals recipients or otherwise not, the Department of Housing and Urban Development has finally offered an answer that is official. And that solution is not any.
In a letter delivered this to Rep. Pete Aguilar, D-CA, HUD Assistant Secretary for Congressional and Intergovernmental Relations Len Wolfson stated definitively that Dreamers are not eligible for FHA mortgages week.
“Determination of citizenship and immigration status isn’t the obligation of HUD and also the Department depends on other federal federal government agencies because of this information, ” Wolfson stated within the page to Aguilar (that was reported very first by Buzzfeed).
“Accordingly, because DACA will not confer legal status, DACA recipients stay ineligible for FHA loans, ” Wolfson stated.
That statement is a reversal from HUD’s answers that are previous questions regarding whether FHA is supporting mortgages for Dreamers.
HUD told HousingWire previously this that its policies surrounding DACA borrowers had not changed, despite ongoing confusion in the mortgage industry year.
As Dani Hernandez formerly detailed for HousingWire, DACA recipients had been entitled to FHA backing under specific circumstances, but which was under an administration that is different had various interpretations regarding the policies under consideration.