Hi there!
That seems bogus. I recently purchased a property in NYC last October and my mortgage was underwritten by Fannie Mae/Freddie Mac. I was assured by my broker that as long as you have a good credit, enough for a down payment and can afford your monthly mortgage and expenses there shouldn't be any issues. What state are you based out of?
Quote:
Originally Posted by 45daysinrome
Hi all,
I recently started looking into buying property. I was working with a lender who just informed me that any loan underwritten by Fannie Mae/Freddie Mac is basically out of the question for me because of my DACA status. Has anyone here had experience with other options (private banks, credit unions, other organizations) that could finance a first time homebuyer mortgage?
Thanks so much for the help!!
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