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Is a legal Non-Permanent Resident Alien borrower eligible for a loan with mortgage insurance? (including H1B1 Visa Holders, DACA recipients, etc.)
-Is a legal Non-Permanent Resident Alien borrower eligible for a loan with mortgage insurance? (including H1B1 Visa Holders, DACA recipients, etc.)
For loan amounts up to $1 million, Arch MI follows Agency guidelines regarding eligibility of Non-Permanent Resident Alien borrowers, provided they have been issued a valid SSN. Fannie Mae and Freddie Mac will allow mortgages to be made to individuals who are lawful residents of the United States.