New FHA Loan Rules Under Trump: What Homebuyers Need to Know
In a significant policy shift, the Trump administration has revised the eligibility criteria for Federal Housing Administration (FHA) loans, restricting access exclusively to U.S. citizens and lawful permanent residents. This change, effective for FHA case numbers assigned on or after May 25, 2025, eliminates the previous allowance for non-permanent residents to obtain FHA-insured mortgages. Key … Continued