Mortgage Forums Forum Index

No Social Security Number
Click here to go to the original topic

 
       Mortgage Forums Forum Index -> Finding a Lender
View previous topic :: View next topic  
Author Message
chynell



Joined: 23 Jul 2006
Posts: 10

Posted: Sun Jul 23, 2006 11:14 pm    Post subject: No Social Security Number  

I have a borrower who wants to do a purchase in NY. He has no social security number but he has had a tax ID for his business for three years now. I went to emigrant but they wanted him to come up with 35%. He has no citizen ship papers no green card just the tax ID. I have tried a few banks but emigrant was the only one I could find that still has the tax ID program. If anyone knows of a bank that would give him the loan with around 10% down stated owner occ. In NY purchase price 710,000. I would be more then happy for your help.
Back to top  
JRauenzahn



Joined: 24 Jul 2006
Posts: 13
Location: Sparta, MI

Posted: Tue Jul 25, 2006 1:55 pm    Post subject:  

Doubt you're going to find a lender willing to take this risk without some sort of insurance this borrower will stay in the country!
Back to top  
leonid31



Joined: 15 Jun 2006
Posts: 2
Location: Operations Manager

Posted: Thu Jul 27, 2006 3:13 pm    Post subject:  

Try Banco Popular,
they have done it in the past
Back to top  
chynell



Joined: 23 Jul 2006
Posts: 10

Posted: Fri Jul 28, 2006 4:42 pm    Post subject: Thanks  

I called and it looks like it just might work. Thank you.
Back to top  
 
       Mortgage Forums Forum Index -> Finding a Lender
Page 1 of 1


Copyright 2004-2005 Mortgage Forums