TYLER, Texas (KLTV) -The U.S Department of Housing and Urban Development (HUD) is revising their residency requirements for Federal Housing Administration (FHA) loans.
“I do know that there are several people in our community that are going to be affected,” says Maritza Bedolla, mortgage loan officer with Primary Residential Mortgage in Tyler.
Starting May 25, non-permanent residents will no longer qualify for FHA loans.