
A mortgage lending company is marketing its loans to illegal aliens across the country, promising to “empower non-citizens” as it profits from the fallout of America’s border crisis.
Amres, a Pennsylvania-based company, offers loans across the continental United States and instructs illegal aliens on how they can obtain mortgages by leveraging a financial loophole. The company outlined its plan to “empower non-citizens” through Individual Taxpayer Identification Numbers (ITIN), which illegal aliens can obtain from the IRS. ITINs were created to allow non-citizens to comply with tax law and were never intended to be used as identification for lending.
“ITIN loans serve as a lifeline for a specific demographic: immigrant homebuyers who lack a Social Security Number (SSN),” Amres says in one of its guides. “This includes non-resident aliens, undocumented immigrants, and some lawful residents.”
The company made its targeting of illegal aliens particularly clear in a different guide, called “Bridging the Gap for Undocumented Residents,” which outlines how individual taxpayer identification numbers, distributed by the IRS, can be used by illegal aliens to obtain loans. “ITIN loans offer numerous advantages to undocumented residents,” the company says in the guide. “One of the primary benefits is that they provide a pathway to homeownership, a dream that may seem unattainable due to legal status.”
“ITIN loans play a crucial role in the mortgage industry as they enable lenders to extend credit to a wider range of borrowers. This includes those who may not have a Social Security number,” Amres says.
Amres even shared the stories of specific illegal aliens it says were able to take out a mortgage.
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Author: Dillon B
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