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DAP Forums > DREAM Act > The Lounge

Can I apply for a Conventional Loan?

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#1
06-20-2019, 01:33 PM
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I know DACA recipients can’t apply for an FHA Loan (which I desperately need right now) but can I still be eligible for a conventional loan?
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#2
06-20-2019, 01:36 PM
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Yes you can apply for any Fannie Mae program. Just make sure that your work permit is still valid at the time of closing.
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Date Application Sent: 1/19/2013 to Chicago Lockbox.
Delivered 1/27/2013 and routed to Nebraska Service Center.
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Date of approval: 05/01/2013. Card Production on 04/30/13.
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#3
06-20-2019, 05:16 PM
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Thank you!
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#4
06-21-2019, 09:31 AM
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Conventional > FHA. FHA now has mortgage insurance for the life of the loan.
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