mortgages?
 

Hey guys,

So I've read the previous thread regarding mortgages, but I was wondering if there are any new recommendations considering the HUD not permitting DACA recipients to receive FHA loans? I went to TD and got prequalified for a mortgage, but I'm worried it will fall through because I have DACA. Any suggestions?

Re: mortgages?
 

I recently purchased a home. I was pre approved with a lender and then denied because of DACA. I spoke with my agent and she found two other lenders who fully qualified me. I went with the lender that gave me a better rate and money towards closing costs.

Moral of the story: don't put all your eggs in one basket. If one lender denies you, another one will approve you.

Re: mortgages?
 

That’s awesome! Did you go through a bank or something like quicken loans?

Re: mortgages?
 

don't do quicken.

Go to a mortgage broker as they have relationships with different lenders and can get you better rates.

Re: mortgages?
 

Your real estate agent will do all the work and trust me they WANT you to get a loan a and buy your home otherwise they don’t get paid.