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Updated almost 7 years ago on . Most recent reply

User Stats

28
Posts
11
Votes
Lyuba Barrington
  • REA and accountant (CPA)
  • Omaha, NE
11
Votes |
28
Posts

Financing for non-resident buying residence with 20% conventional

Lyuba Barrington
  • REA and accountant (CPA)
  • Omaha, NE
Posted

Hello there! I wonder if someone, who has had hands-on experience with arranging an owner-occupant loan for non-resident can help out my clients. 

We are in Nebraska. Score 620, 20% conventional, asylum application, only one FY17 tax return, good income. Their immigration lawyer has provided explanation letter that they will be able to stay 3+ years from now.

Found guidelines in HUD Archive:

https://archives.hud.gov/offices/hsg/sfh/ref/sfhp2...

Unfortunately we cannot find a lender who is willing to follow them!

Thank you in advance!

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