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~~MORTGAGE for DACA Recipients?!! - Page 2

#11
08-16-2018, 11:28 AM
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FeeFiFoFum
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Quote:
Originally Posted by Jo_Prez View Post
Hi I’m sure this had been discussed here before but I’m having a hard time knowing the beginning steps of buying a house being a Dreamer. I live in the CHICAGO suburbs and I want to know if there are lenders that could help me get a house loan with a bank. My credit is excellent and I’ve done so much to be where I am today finally trying to buy my first house. HELP!!! Anyone that could recommend someone? I’ve seen a guy every dreamer talks about online and that’s Ernesto Borunda, has anyone worked with him before? Is he legit?
I am currently in the process of buying a home in NYC with my brother (he has a GC). I've had no problems regarding status and acquiring a mortgage. The broker just wanted me to provide my ss and a copy of my most up to date EAD. He also said he's done mortgages for people with DACA and has had not problems with the banks. As long as you are in good financial standing and have a job where you can pay back that mortgage, there shouldn't be any hiccups.


And it's always lovely to know fellow DACA recipients are building their futures.

Good Luck! I hope you find someone to assist you in this endeavor and it works out.
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#12
08-16-2018, 12:11 PM
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Quote:
Originally Posted by Jo_Prez View Post
Hi I’m sure this had been discussed here before but I’m having a hard time knowing the beginning steps of buying a house being a Dreamer. I live in the CHICAGO suburbs and I want to know if there are lenders that could help me get a house loan with a bank. My credit is excellent and I’ve done so much to be where I am today finally trying to buy my first house. HELP!!! Anyone that could recommend someone? I’ve seen a guy every dreamer talks about online and that’s Ernesto Borunda, has anyone worked with him before? Is he legit?
I just bought my house in March. Brand new 225k in Tx with a 3.8%. My loan officer was DACA friendly and he has connections in Chicago. Let me know if your serious.
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#13
08-16-2018, 04:46 PM
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Quote:
Originally Posted by EMejia View Post
I just bought my house in March. Brand new 225k in Tx with a 3.8%. My loan officer was DACA friendly and he has connections in Chicago. Let me know if your serious.
Hi there, I’m definitely serious! I’m looking for help with DACA friendly lenders, brokers, etc. I’m trying to get the lowest interest I can.
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#14
08-16-2018, 05:15 PM
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Pretty ballsy move buying a house when you're DACA.
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Feel incredibly lucky and fortunate to have had DACA and to live in the US. Somtimes, I sit here and think about my incredible fortune.
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#15
08-16-2018, 05:47 PM
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Originally Posted by DogJuiceMan View Post
Pretty ballsy move buying a house when you're DACA.
Have no choice
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#16
08-16-2018, 06:32 PM
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Quote:
Originally Posted by DogJuiceMan View Post
Pretty ballsy move buying a house when you're DACA.
What’s so ballsy about that? The same can be said about buying a car with DACA. If we can’t make payments on either of those things the bank will take it away.
__________________
APPLICATION RECEIVED: 9-19-2012
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#17
08-16-2018, 06:35 PM
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Quote:
Originally Posted by Jo_Prez View Post
Have no choice
Do your thing brother, live your life.
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APPLICATION RECEIVED: 9-19-2012
I-797C RECEIVED: 9-26-2012
BIOMETRICS LETTER RECEIVED: 9-27-2012 for 10-16-2012
Walk-In Done: 10-2-2012
EAD/DACA Approve: 12-7-2012
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#18
08-16-2018, 06:38 PM
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TexasDreamy
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Originally Posted by ECW View Post
What’s so ballsy about that? The same can be said about buying a car with DACA. If we can’t make payments on either of those things the bank will take it away.
Yeah but with a house you typically need 10-20% down. Given how you’re typically paying down the interest before you start paying down the principal - that means that in case of a forced foreclosure sale you’ll come out losing everything you’ve put into the house...
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#19
08-16-2018, 08:46 PM
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Originally Posted by ECW View Post
Do your thing brother, live your life.
Sure will!
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#20
08-16-2018, 08:48 PM
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Jo_Prez
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Quote:
Originally Posted by EMejia View Post
I just bought my house in March. Brand new 225k in Tx with a 3.8%. My loan officer was DACA friendly and he has connections in Chicago. Let me know if your serious.
I’m still curious though, are DACA recipients able to get a loan through a credit union?
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