Question 1

Can I buy a Pinole home with just an ITIN?

Accepted Answer

Yes. ITIN loans let you buy without a Social Security number. You'll need 15-25% down, two years of tax or income history, and 620+ credit.

Question 2

What interest rate should I expect on an ITIN loan?

Accepted Answer

Rates vary by borrower profile and market conditions, typically 1-2% above conventional loans. Expect 7-9% range with competitive credit and down payment.

Question 3

Do I need to be a U.S. citizen for an ITIN loan?

Accepted Answer

No. ITIN loans are designed for non-citizens who file taxes with an ITIN. You don't need citizenship, green card, or work visa.

Question 4

How much down payment do I need in Pinole?

Accepted Answer

Most lenders require 15-25% down. Putting down 20% or more gets you better rates and avoids mortgage insurance on most programs.

Question 5

Can self-employed ITIN holders qualify?

Accepted Answer

Yes. Self-employed borrowers use 12-24 months of bank statements to prove income. This is actually common—many ITIN borrowers own businesses.

Question 6

How long does ITIN loan approval take?

Accepted Answer

Plan 30-45 days from application to closing. Thorough documentation review takes longer than conventional loans, but organized files move faster.

ITIN Loans in Pinole: Homeownership Without a Social Security Number