Question 1

Can I buy a vacation rental with an ITIN loan in South Lake Tahoe?

Accepted Answer

Yes, but most lenders treat it as a second home requiring higher down payment. You typically can't count projected rental income toward qualification.

Question 2

Do ITIN loans have higher interest rates than conventional mortgages?

Accepted Answer

Rates run 0.5-1.5% higher than conventional loans as of February 2026. Your credit score and down payment affect the final rate.

Question 3

What bank statement period do ITIN lenders require?

Accepted Answer

Most want 12-24 months of consecutive statements. Some accept 12 months if your credit and down payment are strong.

Question 4

Can cryptocurrency holdings help me qualify for an ITIN loan?

Accepted Answer

Some non-QM lenders now count verified crypto as reserves or income. Requirements vary by lender and your overall financial profile.

Question 5

Do all properties in South Lake Tahoe qualify for ITIN loans?

Accepted Answer

Not all. Remote cabins with seasonal access or properties above certain elevations face restrictions. Condos and developed areas qualify more easily.

Question 6

How long does ITIN loan approval take?

Accepted Answer

Expect 30-45 days from application to closing. Bank statement review takes longer than standard income verification.

ITIN Loans for South Lake Tahoe Property Buyers