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re: 2% US Government Loans for Illegals

Posted on 6/9/26 at 11:21 am to
Posted by Rip Torner
Member since Jul 2023
2732 posts
Posted on 6/9/26 at 11:21 am to
Says the guy who refuses to believe anything that is critical of Leftist policies
Posted by TBoy
Kalamazoo
Member since Dec 2007
28739 posts
Posted on 6/9/26 at 11:28 am to
quote:

Says the guy who refuses to believe anything that is critical of Leftist policies

So the answer is that you have no knowledge of the existence of any such 2% government backed loan program for illegal immigrants.

Got anything else?
Posted by wareaglepete
Union of Soviet Auburn Republics
Member since Dec 2012
18844 posts
Posted on 6/9/26 at 12:21 pm to
quote:

I work for a major bank as a mortgage loan officer for the last 21yrs. Illegals can’t get any type of home loan. You have to have a resident allied card to satisfy the requirements.


Right. But, they are more than likely going through the government and not traditional financing institutions.
Posted by LSUbest
Coastal Plain
Member since Aug 2007
16757 posts
Posted on 6/9/26 at 12:46 pm to
Shut this whole piece of shite down until we get them all out!

We need a national government and private shutdown.

All hands on deck.
Posted by Bandit1980
God's Country
Member since Nov 2019
4649 posts
Posted on 6/9/26 at 12:47 pm to
Can you prove they don't exist?

That's like you saying Dems are wonderful people, when we all know they are cowardly, lying, weak, ignorant jackasses..............every damn one.
Posted by PsychTiger
Member since Jul 2004
109616 posts
Posted on 6/9/26 at 12:50 pm to
quote:

If this wasn't completely made up it would be concerning.


A live look at low-TBoy:

Posted by TBoy
Kalamazoo
Member since Dec 2007
28739 posts
Posted on 6/9/26 at 12:51 pm to
quote:

Can you prove they don't exist?

Can you prove that nothingness actually exists?

Can you prove the existence of something that does not exist?

If you provide a methodology to do this, I will do it.
This post was edited on 6/9/26 at 12:53 pm
Posted by trinidadtiger
Member since Jun 2017
20219 posts
Posted on 6/9/26 at 12:58 pm to
And the childish word games. They are not illegals since most were given "refugee" status upon entering, which opened up a whole world of benes.
Posted by TBoy
Kalamazoo
Member since Dec 2007
28739 posts
Posted on 6/9/26 at 1:08 pm to
quote:

And the childish word games. They are not illegals since most were given "refugee" status upon entering, which opened up a whole world of benes.

Nice try liar. Non-permanent residents on legal refugee status do not qualify for government backed home loans.

Can anyone identify the program that gives illegal immigrants 2% government backed home loans?

(Just admit that this is another instance of right wingers lying to each other to fan fake outrage. It happens every day.)
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
52116 posts
Posted on 6/9/26 at 1:15 pm to
quote:

This was documented to be happening long before this article.
It's an article, not any substantive evidence that 'illegals' were getting these loans.

Now, recent news articles discussed in detail the specific programs as it related to H1b foreigners, not illegals. Trump is putting a squash on that. Perhaps that is the actual data facts, not that illegals were using the program?
Posted by 3nOut
I don't really care, Margaret
Member since Jan 2013
32513 posts
Posted on 6/9/26 at 1:43 pm to
quote:

If this wasn't completely made up it would be concerning.



seems like it wasn't made up
same here.

and even congress.gov in 23 said so.


the argument will be "not illegals" but we have to remember that Biden took any and all requests (ex-pat, political refugee, etc.) as legal protected status.

it's like saying that weed became legal and they weren't ever illegally using drugs.

that's like fighting with jelly.
This post was edited on 6/9/26 at 1:46 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139630 posts
Posted on 6/9/26 at 2:01 pm to
quote:

Interesting that no one ever says what the program is or cites to a rule that said that illegal immigrants were eligible for 2% government backed loans.
Well, considering illegal immigrants were not "eligible" to be here in the first place, your qualification as to a "rule" is odd. DACA and others were eligible.

It seems, just like as with border enforcement itself, that the Biden FHA was extremely lax on enforcement of "rules." The FHA claims to be uncertain as to how many buyers under the program were illegal. But it appears that may have been the case in many instances.
Posted by HEtiger
Member since May 2008
1896 posts
Posted on 6/9/26 at 5:48 pm to
Where the hell were the republicans in all this democrat nonsense? No one shouting from the rooftops. Pathetic representation in congress.
Posted by CajunTripper
Member since Apr 2026
75 posts
Posted on 6/10/26 at 10:11 am to
the 'govt' doesn't finance home loans, individual banks and lenders do and the are bought and serviced by banks.
Posted by ChatGPT of LA
Member since Mar 2023
6775 posts
Posted on 6/10/26 at 10:18 am to
quote:

CajunTripper


Riiiiiiiiiiiiight

So a banker is gonna come here and tell us there is no problem with the mortgage structures or procedures.

Where did you live before this planet?
Posted by CajunTripper
Member since Apr 2026
75 posts
Posted on 6/10/26 at 10:19 am to
an ITIN mortgage is not a standard Fannie/Freddie mortgage. its basically a subprime loan. 80% LTV is the dead giveaway.

Fannie/Freddie mortgages require legal status to obtain. the article states govt loans that's fannie/freddie

Posted by CajunTripper
Member since Apr 2026
75 posts
Posted on 6/10/26 at 10:22 am to
i could blow your mind with the problems of the mortgage industry and what govt regulation does to us. it's not illegals.....it's minority neighborhoods that get all the special financing deals.


this banker is telling this board that illegals are not the problem with the housing industry. no one is going to listen because this place is a right wing bubble of stupidity 90% of the time.
Posted by ChatGPT of LA
Member since Mar 2023
6775 posts
Posted on 6/10/26 at 10:32 am to
quote:

telling this board that illegals are not the problem with the housing industry.


Not THE, but they are A large issue. When they take a home, the inventory shrinks, driving up other home prices in an area due to shrinking inventory. When the recieve ANY assistance from our taxpayer entities or funds, it hurts Americans. It drains funds thru various resources, that should be there for citizens only.

Posted by CajunTripper
Member since Apr 2026
75 posts
Posted on 6/10/26 at 10:49 am to
but they don't receive anything that's what i am telling you. fannnie/freddie doesn't offer assistance individual lenders do.

IE the Bank of America program that is 100% financing with 10k in closing cost. to qualify for that program the house must fall into a minority census track. Meaning if the house is in a census track that is 50% minority you can get 100% financing and 10k in closing cost. You don't have to be a minority but the house has to be in the census track.

The bank i work for has a similar program.
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