Question 1

Can I buy a home in Point Arena with just an ITIN?

Accepted Answer

Yes. A valid ITIN plus a solid filing history and down payment is enough for many non-QM lenders. You do not need a Social Security number.

Question 2

How many years of tax returns do ITIN lenders require?

Accepted Answer

Most lenders want 2 years of returns filed under your ITIN. Consistent income across both years strengthens your file.

Question 3

Will ITIN loan rates be higher than conventional rates?

Accepted Answer

Yes, typically. Non-QM programs carry a rate premium over conventional loans. Rates vary by borrower profile and market conditions.

Question 4

Can I use an ITIN loan on a rural Mendocino County property?

Accepted Answer

Some lenders will. Rural properties can complicate the appraisal. Not every ITIN lender handles coastal rural properties — we screen for that.

Question 5

What if my tax returns show low income?

Accepted Answer

Bank statement income may be an option. Some lenders allow 12–24 months of deposits to qualify ITIN borrowers who are self-employed.

Question 6

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

Accepted Answer

No. ITIN loans are specifically designed for non-citizens. Permanent residency is not required by most non-QM ITIN lenders.

ITIN Home Loans in Point Arena, CA