ITIN Loans
ITIN loans are mortgage loans designed for borrowers who do not have a Social Security Number but instead use an Individual Taxpayer Identification Number (ITIN). These loans help non-U.S. citizens, including undocumented or foreign nationals, purchase or refinance a home in the United States.
Advantages
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No Social Security Number required — borrowers can qualify using an ITIN.
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Flexible documentation — lenders often accept alternative forms of credit and income proof.
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Accessible for non-U.S. citizens — ideal for immigrants, foreign nationals, and individuals building credit.
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Multiple property types allowed — primary homes, second homes, and investment properties.
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Opportunity to build credit and equity while living in the U.S.
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Often no U.S. credit history needed, depending on lender.
Downpayment Requirements
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Typical Down Payment Range: 10% to 30% - Most ITIN lenders require a larger down payment compared to conventional loans because ITIN loans are considered higher risk.
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Strong credit & income: as low as 10%–15%
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Limited credit or higher risk profiles: 20%–30% or more
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Lower Down Payments Are Possible With Strong Files, Contact Us for more information.
Eligibility Requirements
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Valid ITIN number
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Proof of income (tax returns, bank statements, employment letters, or self-employment docs)
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Proof of identity (passport, consular ID, national ID card)
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Credit history — can use alternative credit (rent, utilities, insurance payments) if no traditional credit
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2 years of tax returns (preferred but varies by lender)
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Reserves — some lenders require a few months of savings in the bank
ITIN Loan FAQ's
Do I need a U.S. credit score?
Not always. Many lenders accept alternative credit, such as rent or utility payment history.
Can I refinance an ITIN loan?
Not always. Many lenders accept alternative credit, such as rent or utility payment history.
Can self-employed borrowers with an ITIN qualify ?
Yes. Self-employment is allowed using bank statements or business records as income proof.
Are interest rates higher on ITIN loans?
Yes, usually slightly higher than conventional loans because ITIN loans are considered higher risk by lenders.
Do I need a work visa or legal status?
Not always. Many ITIN programs do not require a visa, just valid identification and income verification.
What type of properties can I buy?
Primary residences, vacation homes, and investment properties are typically allowed.
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