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Home > Archive > Mortgage Discussion > August 2005 > loans for illegal immigrants using T.I.N.
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loans for illegal immigrants using T.I.N.
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| peaceness01@hotmail.com 2005-08-09, 2:21 am |
| Hey guys,
All day long, we've had to turn down many hispanics here in town,
because they do not have social security numbers. They have good job
records, decent credit, $$MONEY$$ in the bank, and pay taxes through
there tax identification number. The problem is they cant purchase
homes. Once in awhile, one will slip through and purchase a home by
submitting their t.i.n, in place of a soc, but it is rare. Are there
any lenders out there who lend to undocummented (illegal) aliens? I
understand these loans cannot be sold on the secondary market, but can
probably be offered at higher interest rates, thus creating
opportunities to any v.c's out there . So guys, any info on loans
being issued based on a t.i.n?
-Christopher
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| Steve Horrillo 2005-08-12, 11:21 pm |
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On 9-Aug-2005, peaceness01@hotmail.com wrote:
> All day long, we've had to turn down many hispanics here in town,
> because they do not have social security numbers. They have good job
> records, decent credit, $$MONEY$$ in the bank, and pay taxes through
> there tax identification number.
How can they have "decent credit" without a SS#?
--
Warmest regards,
Steve Horrillo, Realtor / C.Ht. =^..^=
http://BrokerAgentTraining.com http://over100percent.com http://HipFSBO.com
http://eLOWn.com
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