In North Carolina, individuals without legal permanent resident status can still qualify for what is known as an "ITIN mortgage" as long as they have an individual taxpayer identification number (ITIN), a sound credit history, and proof that they have filed their taxes.
And according to the Charlotte Observer, "borrowers who have ITIN mortgages have proven to be some of the sturdiest as foreclosures climb to record highs."
From the Charlotte Observer:
According to estimates from the Hispanic National Mortgage Association and local lenders, less than 1 percent of ITIN loans have gone into foreclosure. That compares with 1.2 percent for prime mortgages and nearly 11 percent for subprime mortgages given to borrowers with poor credit history, according to the latest available data from the Mortgage Bankers Association.