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The Biden FHA Program Let Non-Citizens Buy Homes With a 500 Credit Score and No Income Requirements
Under the Biden Administration, the Federal Housing Administration began insuring mortgages for non-citizens through private lenders — 3.5% down payments, 30-year terms, no minimum income threshold, and a 500 credit score requirement. Loans designed for low-income Americans were handed to foreigners with no steady income, no collateral, and ...
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