ITIN Loans

Program Overview

ITIN Loans provide mortgage financing for borrowers using Individual Taxpayer Identification Numbers (ITIN) instead of Social Security numbers. These programs are designed for foreign nationals, non-citizens, and others who have ITINs and want to purchase property in the United States.

What is an ITIN?

An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service (IRS) for individuals who are required to have a US taxpayer identification number but who do not have, and are not eligible to obtain, a Social Security number.

Key Benefits

• No Social Security Number Required: Qualify using your ITIN
• Competitive Rates: Rates comparable to conventional loans
• Flexible Documentation: Accommodate various income sources
• Credit Building: Help establish US credit history
• Fast Processing: Streamlined underwriting process

Program Requirements

ITIN Requirements

• Valid ITIN: Must have a current, valid ITIN
• Tax History: Minimum 2 years of US tax returns
• Tax Compliance: Must be current on all tax obligations
• ITIN Verification: ITIN must be verified with IRS

Credit Requirements

• Minimum Credit Score: 680
• Credit History: Must have established US credit history
• Credit Building: May help establish credit if needed
• Payment History: No recent late payments

Income Requirements

• Stable Employment: Minimum 2 years of stable employment
• Income Verification: W-2s, pay stubs, or business documentation
• Income Stability: Demonstrated ability to maintain income
• Debt-to-Income: Maximum 43% DTI ratio

Property Requirements

• Property Types: Single-family, condos, townhomes, multi-unit (up to 4 units)
• Occupancy: Primary residence, second home, or investment property
• Location: All 50 states
• Property Condition: Must be in good condition

Down Payment Requirements

• Minimum Down Payment: 20%
• Source of Funds: Must be properly documented
• Gift Funds: Allowed with proper documentation
• Asset Verification: Down payment source must be verified

What to Expect

Step 1: ITIN Verification

We'll verify your ITIN with the IRS and review your tax history to ensure compliance and stability.

Step 2: Credit Review

We'll review your US credit history and help you build credit if needed. This may include establishing credit accounts or improving existing credit.

Step 3: Application Process

Complete the mortgage application using your ITIN for identification. We'll guide you through the process and explain any additional requirements.

Step 4: Underwriting Review

Our specialized underwriters review your file with a focus on ITIN verification and US credit history. The process typically takes 2-3 weeks.

Step 5: Approval & Closing

Once approved, you'll proceed to closing with terms that reflect your ITIN status and overall financial profile.

Who This Program Helps

• Foreign nationals working in the US with ITINs
• Non-citizens with valid ITINs and US income
• Those without Social Security numbers who have ITINs
• International students who have graduated and are working
• Foreign investors purchasing US property

Maria Rodriguez Mortgage Solutions

• Phone: (555) 987-6543
• Email: maria@mariarodriguez.com
• NMLS: #7654321

Don't let the lack of a Social Security number prevent you from achieving homeownership. Our ITIN programs can help you qualify for a mortgage.