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Alpine County's recent winter storms brought significant snowfall to the region. The county's median household income of $110,781 supports purchases in the $500,000 to $700,000 range for qualified borrowers.
ITIN loans open homeownership to non-citizens and foreign nationals who lack a Social Security number. Rates are available on application for this specialized program.
600+ (case-by-case)
Minimum FICO
10% to 20%
Down Payment Range
45-60 days
Underwriting Timeline
$110,781
County Median Income
ITIN Loans in Markleeville
ITIN loans require a valid Individual Taxpayer Identification Number and proof of income through tax returns. Most lenders ask for 600+ FICO, though some programs accept lower scores with compensating factors.
Down payments typically range from 10% to 20% on ITIN loans. The county's median household income of $110,781 means most buyers here qualify for loans between $500,000 and $700,000 depending on reserves and debt levels.
Local decision guide
Use this guide to connect itin loans eligibility, lender expectations, and local market factors before comparing payment options in Markleeville.
Alpine County's recent winter storms brought significant snowfall to the region. The county's median household income of $110,781 supports purchases in the $500,000 to $700,000 range for qualified borrowers.
ITIN loans open homeownership to non-citizens and foreign nationals who lack a Social Security number. Rates are available on application for this specialized program.
ITIN loans require a valid Individual Taxpayer Identification Number and proof of income through tax returns. Most lenders ask for 600+ FICO, though some programs accept lower scores with compensating factors.
ITIN lending remains specialized in California. Fewer lenders offer these programs than conventional or FHA, and underwriting timelines run 45 to 60 days due to manual income verification.
Brokers typically source ITIN loans from portfolio lenders or specialty banks rather than Fannie Mae or Freddie Mac. Rates reflect the added complexity and lower volume, but terms are competitive for borrowers who qualify.
ITIN loans make sense for foreign nationals and non-citizens with stable income and down payment savings. Markleeville's small population and mountain-home market attract international buyers who can document income through tax returns.
The real advantage appears when a buyer has 15% or more down and strong tax history. Below 10% down, conventional or FHA programs may not be available, making ITIN the only path forward.
Conventional loans require a Social Security number and W-2 income verification. ITIN loans skip the SSN requirement but ask for more tax-return documentation and typically run 10 to 15 days longer in underwriting.
FHA loans also require an SSN and are not available to non-citizens. For buyers without a Social Security number, ITIN is often the only conforming-like option available.
Alpine County received significant snowfall during recent winter storms, confirming the region's reliable snow conditions. For buyers seeking mountain property and winter recreation, Markleeville's elevation and weather patterns are a major draw.
The South Lake Tahoe school district serves the broader area, with recent system changes under review by the special education advisory committee. Families relocating to the region should review current school policies before closing.
Yes — ITIN loans are designed for non-citizens without an SSN. You'll need a valid ITIN and tax return history instead.
Most lenders require 10% to 20% down. Larger down payments improve approval odds and may lower your rate.
Plan for 45 to 60 days. Manual income verification through tax returns takes longer than W-2 processing.
Yes. Self-employed borrowers use business tax returns and personal returns to document income. Two years of returns are typically required.
ITIN rates reflect the specialized nature of the program and lower lending volume. Call for today's rates — they vary by lender and your profile.