Question 1

Can I buy a home in Susanville with just an ITIN?

Accepted Answer

Yes. A valid ITIN plus consistent tax filing history and a down payment gets you to the table. You don't need a Social Security number.

Question 2

What credit score do I need for an ITIN loan?

Accepted Answer

Requirements vary by lender. Some accept scores as low as 600. Others allow alternative credit if your formal score is thin.

Question 3

How much do I need to put down?

Accepted Answer

Most ITIN programs require 10-20% down. A larger down payment can offset a weaker credit profile or shorter filing history.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes, typically. Non-QM products carry a rate premium. Rates vary by borrower profile and market conditions.

Question 5

Will lenders fund a rural property in Lassen County?

Accepted Answer

Some will, some won't. Rural properties require extra vetting on the non-QM side. Confirm this before you apply.

Question 6

Can I refinance later with an ITIN loan?

Accepted Answer

Yes. You can refinance into another ITIN loan or, if you later obtain a Social Security number, into a conventional product.

ITIN Home Loans in Susanville, CA