How are illegal aliens able to buy homes?
The American dream of home ownership, complete with the white picket fence, is alive and well for those who break our laws and break down our fences to get in.
While law-abiding homebuyers must supply airtight proof of identity, legal residence and a Social Security number to lenders, illegal alien purchasers need only supply a "taxpayer identification number" (TIN) issued by the Internal Revenue Service. No criminal background check is required before applying for a TIN, which many banks now accept from illegal alien customers as a primary form of identification.
That’s just the tip of the illegal alien homeowners’ iceberg. The Post failed to note that Federal Housing Administration-approved loans through the U.S. Department of Housing and Urban Development do not require lenders to obtain proof of citizenship or legal permanent residence. These FHA/HUD programs, primarily targeting minorities and first-time homebuyers, are federally insured and require minimal down payments.
How do you like them peaches?
Try that $hit in Mexico and see what happens.
The American Dream: break our laws, pay no taxes, and get home loans backed and secured by our federal gov’t. Only in America.
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I had to do some research to answer this question,dammit.Seems your right.I do know that illegals do not qualify for HUD loans or any type of government loan.But that is probably just a bunch of b/s.All they really have to do is check the little "legal resident" box ,or even ther ‘citizen" box and they’re in.
The only way an ITIN is different from a social is that the ITIN always start with 9.I’ve only seen soicals that start with 4′s.
BUT,now I’m gonna getcha…hehehe.This proves that illegals pay taxes.BOTH federal (because of the ITIN) and local(property taxes).So in a way….you admitted it.You can’t deny it anymore.