Question 1

Can I buy in Moraga with only an ITIN?

Accepted Answer

Yes. You need 15-25% down, tax returns filed with your ITIN, and bank statements showing stable income. We work with lenders who specialize in non-SSN financing.

Question 2

What credit score do ITIN borrowers need?

Accepted Answer

Most ITIN loans use alternative credit instead of FICO scores. Lenders review rent payments, utilities, and other tradelines to assess creditworthiness.

Question 3

How much higher are ITIN loan rates?

Accepted Answer

Expect rates 1-2% above conventional mortgages. Exact pricing depends on down payment, credit profile, and property type. Rates vary by borrower profile and market conditions.

Question 4

Do all lenders offer ITIN loans in Contra Costa?

Accepted Answer

No. Only 15-20 of our 200+ lenders underwrite ITIN loans, and fewer still handle Moraga's price points. Lender selection is critical for approval.

Question 5

Can I use business bank statements for ITIN loans?

Accepted Answer

Yes, but you need clear separation between personal and business deposits. Mixed accounts slow underwriting and create documentation questions that delay closing.

ITIN Loans in Moraga: Home Financing Without a Social Security Number