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can DACA recipients take out mortgage loans?

#1
10-01-2013, 07:39 PM
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My family want to buy a house but none of us have any legal status...so i was wondering if we can go to the bank and see if we can take out?
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#2
10-01-2013, 08:36 PM
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Post this in the lounge section.
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Current Status: Approved Sent from California To Pheonix - then routed to Nebraska Service Center
Application Sent: 8/15 - Biometrics Done: 9/12 - Service Request via Phone: 11/19
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#3
10-01-2013, 09:26 PM
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Quote:
Originally Posted by bin2221991 View Post
My family want to buy a house but none of us have any legal status...so i was wondering if we can go to the bank and see if we can take out?
Yes you can, just don't mention anything about your 2 year work permit.
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#4
10-02-2013, 01:41 AM
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Quote:
Originally Posted by Tonyhasadream View Post
Yes you can, just don't mention anything about your 2 year work permit.
but dont we need to proof some type of legal status ?
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lawyer help prepared dallas Lockbox Facility: Re-routed to Nebraska
Delivered on: 10/15/12, text notification 10/19/12
I-797C received: 10/22/12, Biometric received: 11/3/12 for 11/27/12 2pm
Biometrics done: walk-in 11-/23/12 EAD Approved: 12/12/12 EAD received. SSN received
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#5
10-02-2013, 02:09 AM
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Quote:
Originally Posted by Tonyhasadream View Post
Yes you can, just don't mention anything about your 2 year work permit.
Bahahahahaha omg, this guy and his awesome answers.
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#6
10-02-2013, 07:43 AM
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Quote:
Originally Posted by zone2oo0 View Post
Bahahahahaha omg, this guy and his awesome answers.
Hahahahahahaha
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Delivered to Nebraska: 3/19
Biometrics appointment date: 4/24 no walk in.
RFE: 3/25/2014
RFE received: 4/10/2014
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#7
10-02-2013, 05:53 PM
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I have also been so curios about this! I had a good credit prior to this now with a social its been taking some time to transfer/convert my credit line. And haven't even bothered to ask about a mortgage loan. Does anyone have any accurate info on this???
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App received 12/12/12Biometrics done on 1/4/13 (No Walk In) Approved 3/19/13Received EAD card on 3/23/13
Applied for SSC 3/25/13 Waiting for SSC to apply for DL
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#8
10-02-2013, 07:21 PM
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I just got denied by Loan Depot because of my legal status. I bought a house 3 years ago (under my dads name, who is permanent resident) and this year i tried to refinance and add my name to the loan, about 3 months went by going back and forth through the process because i did not have 2 years of tax return. I proved to them that i made more than enough money to pay for the mortgage (got a letter from my employer, they even called and verified, pay stubs, direct deposit and bank statements), i had to give them school transcripts (to explain why i didn't work or file taxes last 2 years).
Anyways, after 3 months they start asking more questions regarding my "visa" or legal status, i explained the whole situation and they said that based on their company policy they did not offer loans for my type of "visa"
My guess is that if you have 2 years tax return, a valid SSN and normal requirements met (such as income to debt ratio etc) that you probably won't have trouble getting a loan. I think in my case they started looking into it more closely and asked more questions because i couldn't provide 2 years tax return
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Sent - 8/20/12 to Phoenix USPS express delivered 8/21/12
G-1145 Notification: 8/27/12 routed to Cali
Date of I-797 C Notice of Action (Application Approved) - 8/29/12
Date Biometrics - Done 9/10/12
EAD APPROVED- 09/18/2012: SSN received - 10/6/12
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#9
10-02-2013, 07:30 PM
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Quote:
Originally Posted by bin2221991 View Post
My family want to buy a house but none of us have any legal status...so i was wondering if we can go to the bank and see if we can take out?
My dad "bought" the house 7 years ago with just ITIN.
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#10
10-02-2013, 07:58 PM
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Quote:
Originally Posted by Tonyhasadream View Post
Yes you can, just don't mention anything about your 2 year work permit.
Lol I agree with that! My boyfriend obtained a mortgage loan for his house about 8-years ago with just his ITIN. I think that nowadays its getting harder but if you show good job records and earnings you might have a better chance, otherwise consider buying a house Contract For Deed it might be an easier route
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