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ITIN Loans in Bradbury
Bradbury sits among LA County's most exclusive enclaves with estates that typically start north of $2 million. ITIN borrowers face a smaller lender pool here, but the right broker finds programs that work at these price points.
Most ITIN lenders cap loans at $2-3 million, which covers many Bradbury properties but not all. Expect rates 0.5-1.5% higher than conventional loans, plus larger down payments of 15-25% minimum.
You need a valid ITIN from the IRS, not expired. Two years of tax returns showing stable income, credit score above 680 for best rates, and verified down payment funds seasoned for 60 days.
Most lenders require 12-24 months of bank statements as secondary documentation. Self-employed ITIN borrowers often qualify easier than W-2 earners since income calculation works similarly.
Only 15-20 lenders in our network write ITIN loans, versus 150+ for conventional. Even fewer go above $1.5 million or work in gated communities like Bradbury with limited comps.
Portfolio lenders dominate this space—they keep loans on their books instead of selling them. That means faster decisions but stricter property requirements and higher rates.
ITIN deals take 45-60 days to close, not the 30 days sellers prefer. We tell clients to write offers with longer escrow periods or risk losing out to conventional buyers.
The lenders who approve fastest want to see income consistency across 24 months—no big gaps or unexplained deposits. One client lost approval because $40K appeared in their account without a paper trail three months prior.
Foreign National loans require 30-40% down but skip US tax returns—better if you file taxes abroad. Bank Statement loans work if your ITIN tax returns show lower income than actual deposits.
Asset Depletion makes sense for ITIN borrowers with substantial liquid assets but irregular income documentation. Each program serves different financial profiles within the non-QM space.
Bradbury properties sit on large lots with horse facilities and unique features that appraisers struggle to value. ITIN lenders get nervous when comps are sparse—expect requests for multiple appraisals.
The city's 24-hour guard-gated security adds resale value but complicates appraiser access. Schedule appraisals carefully and have gate access arranged days in advance to avoid delays.
No. ITIN lenders require 15% minimum in Bradbury, with most wanting 20-25% at these price points. Larger down payments offset risk for non-SSN borrowers.
Few lenders go that high. We have 2-3 portfolio lenders who consider loans to $4 million with 30-35% down and exceptional credit. Options shrink significantly above $3M.
Your ITIN must be current, not expired. Most lenders want to see it used for tax filing for at least two consecutive years before loan application.
Yes, if properly documented with tax returns filed using your ITIN. Foreign income needs translation and verification through your US tax filings showing that income.
Switch to Bank Statement loans instead. They qualify you based on deposits, not tax returns. Better fit for self-employed ITIN borrowers who write off substantial expenses.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Asset-based short-term loans primarily used by real estate investors for property acquisition and renovation projects.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.