Question 1

Can I buy a Brentwood home with just an ITIN?

Accepted Answer

Yes. ITIN loans are designed for taxpayers without Social Security numbers. You'll need two years of filed tax returns and standard income verification.

Question 2

What down payment do ITIN loans require?

Accepted Answer

Expect 15-25% down depending on credit score and property type. Higher down payments unlock better rates and more lender options.

Question 3

How long does ITIN loan approval take?

Accepted Answer

Plan for 60-75 days from application to closing. Manual tax transcript review and non-QM underwriting take longer than conventional loans.

Question 4

Do ITIN loans have higher interest rates?

Accepted Answer

Rates run 1-2% above conventional mortgages due to non-QM risk pricing. Shopping lenders aggressively narrows this gap significantly.

Question 5

Can I use gift funds for my down payment?

Accepted Answer

Yes. Most ITIN lenders accept gift funds from family members with proper documentation and gift letters.

Question 6

What if I don't have traditional credit history?

Accepted Answer

Many lenders accept alternative credit like rent, utilities, and insurance payments. Consistent payment records strengthen your file considerably.

ITIN Loans in Brentwood — Finance Your Home Without a Social Security Number