Question 1

Can I get an ITIN loan with less than two years of tax returns?

Accepted Answer

Most lenders require two years of filed returns with the IRS. Some accept one year with 25% down and strong compensating factors, but options shrink considerably.

Question 2

Do ITIN loans require private mortgage insurance?

Accepted Answer

Yes, if you put down less than 20%. PMI works the same as conventional loans but may cost slightly more due to non-QM pricing.

Question 3

Can I refinance my ITIN loan later?

Accepted Answer

Absolutely. If you gain a Social Security number, you can refinance to conventional rates. Otherwise, you can refinance with another ITIN lender as rates improve.

Question 4

What interest rate should I expect on an ITIN loan in Orange Cove?

Accepted Answer

Rates vary by borrower profile and market conditions. Expect 0.75-1.5% above conventional rates as of February 2026, with exact pricing depending on credit and down payment.

Question 5

Does my ITIN status affect the loan amount I qualify for?

Accepted Answer

No. Lenders evaluate debt-to-income ratios the same way, typically allowing 43-50% DTI. Your income determines loan amount, not your taxpayer identification type.

ITIN Loans in Orange Cove: Home Financing Without a Social Security Number