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Notes

§1005.405. Borrower residency status.

24 C.F.R. § 1005.405

(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.
Notes, amendments, and revision history

Amendments

[89 FR 20056, Mar. 20, 2024, as amended at 90 FR 42706, Sept. 4, 2025]

Authority

Authority: 12 U.S.C. 1715z-13a; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

Source

Source: 89 FR 20056, Mar. 20, 2024; 89 FR 22084, Mar. 29, 2024, unless otherwise noted.

Amendments

[89 FR 20056, Mar. 20, 2024, as amended at 90 FR 42706, Sept. 4, 2025]