Code of Federal Regulations · Section
§ 1005.405 — Borrower Residency Status
24 C.F.R. § 1005.405
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(a) An eligible Borrower who is an Indian must be:
(1) A U.S. citizen; or
(2) A lawful permanent resident alien.
(b) Documentation must be provided to the Direct Guarantee Lender to support lawful residency status as defined in the Immigration and Nationality Act, codified at 8 U.S.C. 1101, et seq.
Authorizing Statute
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Administrative provisions42 U.S.C. § 3535
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Minimum standards for residential mortgage loans15 U.S.C. § 1639c
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Definitions8 U.S.C. § 1101