DACA Loan Program

Primary, Vacation & Investment Home Loans for DACA Recipients

Mortgages for DACA recipients are now available giving this community equal housing opportunities.

Clear Lending offers home loans for DACA- (Deferred Action for Childhood Arrivals) recipients of an Employment Authorization Document or EAD card that might be right for you.

DACA status is a Visa status (C33) offered to children who were brought to the US without a Visa by their parents but have been here the majority of their lives. Many of the "children" who qualified for this status are now into their adulthood. DACA was created as a way for working-age adults to obtain a Visa status that would allow them to work in the US.

The basic requirements to apply for a DACA Loan Program are:

- Proof of an Employment Authorization Document (EAD) issued by the US Citizenship and Immigration Services (USCIS). If EAD card will expire within one year and there is a history of the existence of prior residency status renewals, underwriting can assume continued employment beyond the expiry of the EAD.
- You have a valid SSN required to validate with the Social Security Administration (SSA).
- You meet all the other general requirements (such as terms and conditions) that apply to US citizens.

🏡 DACA Home Loan Program — Key Highlights

• 🦋 DACA recipients can still qualify for home financing through eligible conventional or portfolio/non-QM programs, subject to lender and investor guidelines.
• 🚫 FHA loans are no longer available to DACA recipients. HUD eliminated FHA eligibility for non-permanent residents effective May 25, 2025, specifically affecting DACA recipients.
• 💰 Low down-payment options may still be available through qualifying conventional programs.
• 📄 Valid Employment Authorization Document (EAD) and acceptable documentation of the borrower's status will generally be important.
• 💼 Employment and qualifying income must meet the applicable loan-program requirements.
• 📊 Credit, debt-to-income ratio, assets, and income are evaluated similarly to other mortgage applicants under the selected program.
• 🏠 Primary-residence financing may be available, depending on the specific program.
• 🎁 Down-payment assistance may potentially be combined with an eligible first mortgage when both the assistance program and mortgage investor permit it.
• 🔑 First-time homebuyer status isn't necessarily required for every DACA financing option.
• 🇺🇸 U.S. citizenship or a Green Card isn't necessarily required for conventional/portfolio financing when the applicable program permits DACA borrowers.

Benefits of DACA Loan Program:

• No mortgage insurance for 20% or higher down payment.
• Available to purchase second homes or investment properties.
• Greater loan limits for Conventional loans.
• Flexible PMI options available for loans with less than 20% down payment.

Don't wait any longer and find out how much loan you can get Pre-Approved.

Whether you are considering purchasing or refinancing an existing home loan for DACA recipients in Houston, Chicago, or Fairfax County, Clear Lending can help you. Simply complete our secure and encrypted Pre-Approval Form online, and we will contact you right away to review the best options for you.

Not all applicants will qualify. This advertisement is not an offer for an extension of credit. Please meet with a licensed loan originator for more information as programs are available only to qualified borrowers. Programs rates, fees, terms, and programs are subject to change without notice. Not all loans, loan sizes, or products may apply. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet loan-to-value requirements, and final credit approval. Approvals are subject to underwriting guidelines and program guidelines and are subject to change without notice. Some restrictions may apply.

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