DACA Recipients Can Get A FHA Loan Now

FHA announced last week that we can now lend to DACA recipients on properties that will be primary residences, they have a valid SSN, and the borrower is eligible to work in the U.S. as evidenced by their Employment Authorization Document issued by USCIS.

If this document will expire within 1 year of closing we need to find out if this document has been renewed before. If it has then we can assume it will be renewed again and we can lend to them. If there are no prior renewals, we must determine the likelihood of renewal based on info from the USCIS. I don't know how we would do this; but I am sure we will learn.