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During the Biden administration, H-1B visa holders were buying houses with 97-100% financing.
X ^ | May 13, 2026 | Robert Sterling

Posted on 05/15/2026 5:20:50 AM PDT by Twotone

FHA loans to non-permanent residents quickly grew to represent 6% of mortgage issuances. The percentage was undoubtedly higher in places like the DFW area, where H-1B visa holders are disproportionately concentrated.

I don’t have anything against people in America on H-1B visas. I’ve said it before—and I’ll say it again—that I’ve found many of them to be great people on an individual level, and I wish them all nothing but the best. Individual immigrants—especially those here legally—are not at fault for flawed US immigration policy.

But this might be the most radicalizing thing I’ve ever seen. Not only are American workers forced to compete for jobs, they’re also forced to compete in the housing market against people bringing 0-3% of a house’s cost to the closing table, versus the 10-20% most people have to pay.

First, companies import mass numbers of H-1B visa holders, largely in "back office" white-collar fields like IT and accounting. This essentially imposes a lower ceiling on domestic wages in these job categories.

Next, these workers—who are generally concentrated in certain geographic areas—create more demand for housing (especially in good school districts), driving up home prices and the cost of living.

Then, to top it off, they don’t even have to save up money for a down payment. They can close on a $500k house with $0-15k plus a 97% FHA loan. Meanwhile, ordinary American families are forced to come to with $50-100k for the same down payment.

(Excerpt) Read more at x.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: bidenadministration; fha; h1b; h1btruth; housing; immigrationtruth

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The first comment to this post on X is too funny & too true...

"Every day since Trump got elected there's another headline like "illegal aliens BANNED from accessing nuclear codes" or "MS-13 LOSES diplomatic immunity" and you're like wait they were allowed to do WHAT?"

1 posted on 05/15/2026 5:20:50 AM PDT by Twotone
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To: Twotone

It’s too bad nobody will ever be held accountable for this crap, and the next Democrat administration will just hit the resume button and start it all over again.


2 posted on 05/15/2026 5:24:13 AM PDT by BuchananBrigadeTrumpFan (If in doubt, it's probably sarcasm)
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To: BuchananBrigadeTrumpFan

Most first homebuyers have opportunities of zero down on many programs. However, the area is this is affecting our typically democratic areas and they did it themselves. I’m having a hard time with you whoa is me article.


3 posted on 05/15/2026 5:30:27 AM PDT by napscoordinator (DeSantis is a beast! Florida is the freest state in the country! )
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To: napscoordinator

The answer is in COMPREHENSIVE immigration reform. Heard it somewhere early and often like a broken record.


4 posted on 05/15/2026 5:35:42 AM PDT by DIRTYSECRET
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To: BuchananBrigadeTrumpFan
It’s too bad nobody will ever be held accountable for this crap, and the next Democrat administration will just hit the resume button and start it all over again.

Next time, the Democrats will open the border, make them citizens and do away with the Electoral College cementing their power forever.

Illegals that vote the wrong way will be deported and replaced with those that vote the "right" way.

5 posted on 05/15/2026 5:41:35 AM PDT by Erik Latranyi (This is the end of the Republic....because we could not keep it.)
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To: Twotone

Democrats are willing to help any enemy with an invasion any way they can and as often as they can.

NEVER TRUST A DEMOCRAT it’s your last move if you do.


6 posted on 05/15/2026 5:41:49 AM PDT by Vaduz (NEVER TRUST A DEMOCRAT)
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To: Twotone

No non-citizen should get government-backed loans.


7 posted on 05/15/2026 5:45:36 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Twotone

H-1Bs allow companies to prove they aren’t racist.

They are cheap, too.


8 posted on 05/15/2026 5:46:48 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ConservativeMind

In IT we call them Curry Mumblers, $50 bucks and hour for work a US competent engineer does for $85. You get what you pay for. I like AI is putting most of them out of work.


9 posted on 05/15/2026 5:51:13 AM PDT by pburgh01
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To: Twotone

“versus the 10-20% most people have to pay”

My mortgage on my first house originated 44 years ago was an FHA loan.


10 posted on 05/15/2026 5:57:16 AM PDT by Brian Griffin (Ask your Congressman to tax tariff refunds at 100% & > ~$430 to each insured vehicle owner 4 gas)
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To: Twotone

The problem is that aliens with temporary/tentative status were/are given low downpayment mortgages whereby removal would be costly to a US entity or to US taxpayers.


11 posted on 05/15/2026 6:00:12 AM PDT by Brian Griffin (Ask your Congressman to tax tariff refunds at 100% & > ~$430 to each insured vehicle owner 4 gas)
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To: pburgh01

Every country exists only for its citizens—not its companies.


12 posted on 05/15/2026 6:21:01 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Twotone

Yep. Americans are tired of paying for Indians to colonize our country. The $100K fee on H1bs was a good start. Now clamp down massively on OPT visas. Also clamp down on banks offering better terms to foreigners than they offer to Americans for home purchases.


13 posted on 05/15/2026 6:30:32 AM PDT by FLT-bird
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To: FLT-bird

The $100k was a bait and switch one time fee that was not retroactive to applicants. It was falsely advertised by Lutnick as an annual fee that was retroactive to existing H1Bs. It has done nothing to stop the importation of these filthy pagans.


14 posted on 05/15/2026 6:39:49 AM PDT by HYPOCRACY (There is no gravity. The earth just sucks. )
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To: Twotone

How about sending billions to German investors for the last Federally insured mortgage scam? There does not appear to be anything government can do legally. Yes legally because if you or I did anything like our government, we would be cell mates 😂


15 posted on 05/15/2026 6:45:31 AM PDT by Lockbox (politicians, they all seemed like game show host to me.... Sting)
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To: HYPOCRACY

The $100K fee applies to any new H1B applications but is not retroactive. So it doesn’t get rid of the ones already here - they didn’t want to pull the rug out from under companies and penalize them for what they already did - but it has drastically reduced new applications. Since they’re good for 3 years, this will gradually get rid of the vast majority of them over the next couple years. I can live with that compromise. Those jobs will start going to Americans like they should have all along.


16 posted on 05/15/2026 7:14:39 AM PDT by FLT-bird
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To: Twotone

Globalist RINOs love cheap labor and the H-1b visa.


17 posted on 05/15/2026 7:22:46 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: DIRTYSECRET

The answer is no immigration PERIOD.


18 posted on 05/15/2026 7:24:02 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: ConservativeMind

Evil layered on top of evil.


19 posted on 05/15/2026 7:25:03 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: FLT-bird
According to the Cato Institute:

H‑1B visas have likely fallen by about 25 percent.

"The State Department hasn’t been totally transparent about the effects of the fee, but in one court filing, it implies it led to an 87 percent decline in petitions for workers outside the United States. H‑1B visas had already declined somewhat by September, so a reasonable estimate would place current H‑1B visa issuances down by about a quarter. Since the fee only applies to new petitions approved after September 2025."

https://www.cato.org/blog/trump-has-cut-legal-immigration-more-illegal-immigration

20 posted on 05/15/2026 7:25:38 AM PDT by Bon of Babble (You Say You Want a Revolution?)
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