Thread: Deportations could hit real estate markets in state, nation

Why are banks giving mortgages to illegal aliens?

Setting the Record Straight on Mortgages for Undocumented

www.nationalmortgagenews.com/.../setting-the-record-straight-on-mortgages-for-und...
Oct 17, 2014 - The mortgage industry will "recognize the economic benefits" of ITIN loans, and they will ... Undocumented immigrants have long been able to qualify for mortgages using ... Now that Venta is again able to offer the loans, he expects that rate to continue. .... banking. American Banker · Credit Union Journal ...

Originally Posted by lorrie

Why are banks giving mortgages to illegal aliens?

Guess they will be changing their banking practices once these illegals are deported!

Originally Posted by lorrie

Why are banks giving mortgages to illegal aliens?

Money laundering and drugs cartels. Illegal aliens work for the drug cartels who launder money into the US through US banks. All this crap goes back to the drug cartels. When people can grasp the meaning of a $300 billion a year tax free illegal drug industry just in the United States, they'll understand why we were sold out with illegal immigration, who was behind it and who their partners in crime are.

How many were purchased with government grants through the Community Reinvestment program.....just sayin.


http://www.alipac.us/f9/doj-give-mon...laraza-310155/

Yeah, take the guy in the thread article, he saved up $6,000 to buy a $153,000 home in NW Phoenix??!! Most Americans need that much to put down on a car. They need 20% to purchase a home. How does a 22 year old illegal alien get a mortgage with only $6,000 in equity and closing costs?

He needs to back to wherever he and his mother and 2 sisters came from and they need to go back now.

Americans aren't going to fall for this "real estate market" line of the pro-illegal alien movement. Americans will get their jobs back and should be able to walk in and take over those mortgages with the same down payment the illegal alien paid. Anything else would not be right. An American should have been working full time at the insurance agency and an American should have been able to buy a home with $6,000 down.

Wake Up Americans! You've been stiffed and suckered. Demand an end to this nonsense now. Trump Supporters already get it, we're all in, but the rest of you, take your blinders off, open your minds to reality, your lives and living are being stolen right out from under you by people who aren't even supposed to be in our country.