Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Financing for non-resident buying residence with 20% conventional
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!