Commercial Real Estate

New HUD FHA Rule Shuts Out Immigrant Buyers
Business Law & Compliance

New HUD FHA Rule Shuts Out Immigrant Buyers

Introduction On March 26, 2025, the U.S. Department of Housing and Urban Development (HUD) released a pivotal update that will reshape the American housing finance landscape. Effective May 25, 2025, non-permanent residents will no longer be eligible for FHA-insured loans. This sweeping change, documented in Mortgagee Letter 2025-09 and Title I Letter 490, reflects the federal government’s shift in prioritizing

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