Question 1

Can I buy a home in Berkeley with just an ITIN?

Accepted Answer

Yes. ITIN loans are specifically designed for this. You need an active ITIN, filed US tax returns, and documented income.

Question 2

Do ITIN loans have higher interest rates?

Accepted Answer

They typically run higher than conventional rates. Non-QM programs carry more lender risk. Rates vary by borrower profile and market conditions.

Question 3

How much do I need to put down in Berkeley?

Accepted Answer

Most ITIN lenders require 15-20% down at minimum. Larger down payments often improve your rate and approval odds.

Question 4

Does my immigration status affect ITIN loan approval?

Accepted Answer

ITIN lenders focus on your income, credit, and tax history — not your visa status. Many lenders do not require a specific immigration category.

Question 5

What documents will I need to apply?

Accepted Answer

Plan on 12-24 months of bank statements or ITIN-filed tax returns, a valid ITIN, proof of US residency, and asset documentation.

Question 6

Can I buy a multi-unit property in Berkeley with an ITIN loan?

Accepted Answer

Some ITIN lenders allow 2-4 unit properties. Eligibility depends on the lender's guidelines and the property's condition and use.

ITIN Loans in Berkeley, CA — No SSN Required