Question 1

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

Accepted Answer

Yes. A valid ITIN replaces the SSN requirement. You still need income, credit history, and a down payment.

Question 2

How much do I need to put down on an ITIN loan?

Accepted Answer

Most lenders require 10-20% down. The exact amount depends on your credit score and lender guidelines.

Question 3

Do I need to be a US citizen to qualify?

Accepted Answer

No. ITIN loans are designed for non-citizens who live and work in the US. Citizenship is not required.

Question 4

What credit score do I need for an ITIN loan?

Accepted Answer

Most lenders start at 620. Some go lower, but expect higher rates and stricter terms below that threshold.

Question 5

Are ITIN loan rates higher than regular mortgage rates?

Accepted Answer

Yes. ITIN loans are non-QM products. Lenders price in added risk, so expect rates above conventional or FHA. Rates vary by borrower profile and market conditions.

Question 6

Can self-employed ITIN borrowers qualify in Merced County?

Accepted Answer

Yes. Bank Statement loans pair well with ITIN status for self-employed borrowers. We match you to the right program.

ITIN Home Loans in Gustine, CA