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Point Arena sits on the Mendocino Coast — a small, tight community where homeownership matters. Many residents here earn income without a Social Security number. ITIN loans exist for exactly that situation.
These are non-QM loans — meaning they fall outside standard Fannie Mae guidelines. That's not a problem. It just means you need the right lender, not the nearest bank branch.
620–660 typical
Min Credit Score
10–20% typical
Down Payment
2 years ITIN filed
Tax Return History
Non-QM
Loan Type
ITIN Loans in Point Arena
You need a valid, active ITIN issued by the IRS. Most lenders also want 2 years of tax returns filed under that ITIN. That filing history proves income and residency stability.
Credit requirements vary by lender. Some accept scores as low as 620. Others want 660 or higher. Down payment minimums typically run 10–20%, depending on the loan size and lender.
Local decision guide
Use this guide to connect itin loans eligibility, lender expectations, and local market factors before comparing payment options in Point Arena.
Point Arena sits on the Mendocino Coast — a small, tight community where homeownership matters. Many residents here earn income without a Social Security number. ITIN loans exist for exactly that situation.
These are non-QM loans — meaning they fall outside standard Fannie Mae guidelines. That's not a problem. It just means you need the right lender, not the nearest bank branch.
You need a valid, active ITIN issued by the IRS. Most lenders also want 2 years of tax returns filed under that ITIN. That filing history proves income and residency stability.
Your local bank almost certainly doesn't offer ITIN loans. These programs live in the wholesale and non-QM lending space. That's where brokers have a real edge over retail loan officers.
SRK CAPITAL works with 200+ wholesale lenders. Several specialize in ITIN programs. We can compare terms across multiple lenders — rates, down payment requirements, and income documentation options.
The biggest mistake ITIN borrowers make: waiting too long to file taxes. Lenders need a track record. Two years of clean ITIN tax returns is the single most important document in this file.
Bank statement programs can sometimes work alongside ITIN qualification. If your tax returns show low net income, 12–24 months of bank statements may help tell the full income story.
Foreign National loans are a common alternative. But those programs often require larger down payments and carry stricter reserve requirements. ITIN borrowers with U.S. tax history usually qualify for better terms.
Bank Statement loans are another path — especially if you're self-employed. Some ITIN borrowers qualify under bank statement guidelines instead of tax return income. We check both options.
Point Arena is a small coastal town in Mendocino County. Property values here reflect the rural coastal market. Lower price points compared to Bay Area markets can mean smaller loan sizes — which some ITIN lenders prefer.
Rural properties sometimes complicate appraisals. ITIN lenders already operate outside conventional guidelines. Make sure your lender can handle both the non-QM loan type and a rural coastal property in the same file.
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.
Most lenders want 2 years of returns filed under your ITIN. Consistent income across both years strengthens your file.
Yes, typically. Non-QM programs carry a rate premium over conventional loans. Rates vary by borrower profile and market conditions.
Some lenders will. Rural properties can complicate the appraisal. Not every ITIN lender handles coastal rural properties — we screen for that.
Bank statement income may be an option. Some lenders allow 12–24 months of deposits to qualify ITIN borrowers who are self-employed.
No. ITIN loans are specifically designed for non-citizens. Permanent residency is not required by most non-QM ITIN lenders.