FHA loan access ends for H-1B visa holders and other non-permanent residents, squeezing them out of US housing market
The US government has stopped insuring FHA mortgages for non-permanent residents, including H-1B visa holders, effective May 25. This policy change, aligning with broader immigration restrictions, means only citizens and permanent residents now qualify for these loans. The move significantly reduces non-permanent residents' access to homeownership, impacting entry-level housing markets.