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ITIN Loan
An ITIN Loan is a mortgage option for non-U.S. citizens who do not have a Social Security number but have an Individual Taxpayer Identification Number (ITIN). This loan allows undocumented immigrants, foreign nationals, and non-resident borrowers to qualify for home financing in the U.S. Since traditional lenders often require a Social Security number, ITIN loans provide a path to homeownership for individuals who are part of the U.S. tax system but may not have conventional credit history. If you’re looking to buy a home without a Social Security number, an ITIN loan can help make it possible.
A Reliable Home Loan You Can Trust.
No Social Security Number Required
Provides a path to homeownership for individuals with an ITIN.
Accessible Documentation Options
Lenders accept alternative documentation like proof of income and tax returns.
Supports Diverse Borrowers
Tailored for non-citizen residents, including undocumented immigrants.
Primary Residence Financing
Ideal for families or individuals seeking stable housing in the U.S.
Loan Guidelines
If your details are near these guidelines, we encourage you to apply or reach out. Even if you don’t qualify for a 30-year fixed-rate mortgage, we may have other options available.
The Home
Purchase a new home or refinance your current mortgage.
Credit Profile
A credit score above 620 is typically required.
Debt-to-Income
Your debt-to-income ratio (DTI) should be under 50%.
Closing Costs
Along with your down payment, you’ll need sufficient funds to cover closing costs.
Explore Your Potential
Our calculators help you understand and visualize your options
Mortgage Calculator
Planning to buy a home? Calculate your estimated monthly payments, including taxes and insurance.
Refinance Calculator
Considering refinancing your mortgage? Find out how much you could save.
Frequently Asked Questions
Have questions? We’ve got answers! Explore our FAQ section to find helpful information about loans, refinancing, and more. If you don’t see what you’re looking for, feel free to contact us—we’re here to help!
Who are ITIN Loans best for?
ITIN Loans are designed for individuals who do not have a Social Security Number but have an Individual Taxpayer Identification Number (ITIN). These loans are ideal for non-citizen residents, including undocumented immigrants, looking to purchase a home in the U.S.
How do ITIN Loans work?
ITIN Loans use the borrower’s ITIN instead of a Social Security Number to assess eligibility. Borrowers typically need to provide proof of income, tax returns, and other documentation to demonstrate their financial stability. These loans often require higher down payments and may come with higher interest rates than conventional loans.
What are the pros and cons of an ITIN Loan?
Pros:
- Makes homeownership accessible to non-citizen residents.
- No Social Security Number required.
- Can be used to purchase primary residences.
Cons:
- Higher interest rates compared to traditional loans.
- Larger down payment requirements.
- Limited availability, as not all lenders offer ITIN Loans.
Can I qualify for an ITIN Loan with no credit history?
Yes, ITIN Loans often do not require a traditional credit history. Lenders may consider alternative credit, such as utility or rent payments, and rely on income documentation and reserves.