The number of new FHA mortgages granted to non-permanent residents, including H-1B visa holders, has plunged to near zero after the Trump administration’s latest immigration crackdown.

In a March 26 letter, the Department of Housing and Urban Development (HUD) announced that non-permanent residents would no longer be eligible for FHA-insured mortgages starting May 25.

The agency said the decision aligns with President Donald Trump’s commitment to “safeguarding economic opportunities for U.S. citizens and lawful permanent residents” and ensuring that federal benefits like FHA loans go only to green card holders.

The impact was immediate.

According to a new report from John Burns Research & Consulting (JBREC), the share of FHA loan volume issued to non-permanent residents fell from 6 per

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