November 5, 2024 4:02 am
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Dreamers again eligible for popular FHA loans; ‘welcome news,” says Darius Amiri, chair of Rose Law Group immigration law department

By Victoria Harker | Chamber Business News

It just got easier and more affordable for Dreamers to buy a home.

Recipients of the federal DACA program, known as Dreamers, can once again apply for FHA loans, according to the Federal Housing Administration.

The program was closed to recipients for three years under the Trump administration. Recently, the FHA reversed that decision. That means Dreamers can access the popular first-time home buyer program that offers a lower down payment than most conventional loans.

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“Fitting that Dreamers are once again eligible to participate in FHA loans which quite literally encapsulate the American dream of homeownership. This is welcome news with little downside to anyone involved.”

Darius Amiri, Rose Law Group Immigration Law Dept. Chair

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.