Question 1

Can I buy in Fort Bragg with just an ITIN?

Accepted Answer

Yes. Non-QM lenders accept ITINs in place of an SSN. You still need income documentation, a down payment, and a solid paper trail.

Question 2

What credit score do ITIN lenders require?

Accepted Answer

It depends on the lender. Some require a 620+ score. Others work with thin or foreign credit files using alternative documentation.

Question 3

How much do I need for a down payment?

Accepted Answer

Most ITIN lenders in this space want 15–20% down. Higher down payments reduce your rate and strengthen your approval odds.

Question 4

Are ITIN mortgage rates higher than conventional?

Accepted Answer

Yes. ITIN loans are non-QM products and carry higher rates than conventional loans. Rates vary by borrower profile and market conditions.

Question 5

Can I use cash savings for the down payment?

Accepted Answer

You can, but every dollar must be sourced and documented. Lenders will want 60 days of bank statements showing where the funds came from.

Question 6

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

Accepted Answer

No. ITIN loans are designed for non-citizens who live and work in the U.S. Citizenship is not a requirement for this loan type.

ITIN Home Loans in Fort Bragg, CA