Question 1

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

Accepted Answer

Yes. ITIN loans are designed for exactly this. You don't need a Social Security number to qualify for these programs.

Question 2

How much do I need for a down payment?

Accepted Answer

Most ITIN programs require 10-20% down. A larger down payment often helps offset other risk factors in the file.

Question 3

Do I need a US credit score?

Accepted Answer

Many lenders prefer one, but some accept alternative trade lines like rent history or utility payments. Ask us what your file looks like.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes, typically. Non-QM loans carry more lender risk. Rates vary by borrower profile and market conditions.

Question 5

Can my spouse be a co-borrower if they have an SSN?

Accepted Answer

Yes. A co-borrower with a Social Security number can strengthen the application and may improve your rate.

Question 6

What if my income is seasonal from farm work?

Accepted Answer

Seasonal income is common in Merced County. Lenders average it over two years — clean tax filings make this much easier to document.

ITIN Home Loans in Atwater, CA