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Mortgages Still Legal for The Undocumented


One would think that, in this time of stepped-up ICE raids and a President who wants to build a wall to keep immigrants out, it would be almost impossible for the undocumented to qualify for a mortgage. Think again.

According to a recent article in The New York Daily News, there are still several banks and mortgage companies who will provide mortgages to these people. Yes, these lenders do ask for a bigger down payment and they also scrutinize their credit scores more carefully, but there’s nothing illegal about lending to “Illegal” immigrants.

To get a mortgage, the buyer will need either a valid Social Security card or an Individual Tax Identification Number; plus a passport.

For the full article, click HERE:

Consider investing in a professionally managed portfolio of single-family homes? Please contact Harold Willig at harold.willig@springviewinvestments.com or 917-209-4452.

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience.

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