Question 1

Can I buy a home in Livingston without a Social Security number?

Accepted Answer

Yes. ITIN loans let you purchase using your Individual Taxpayer Identification Number. You need a valid ITIN and two years of filed tax returns.

Question 2

What credit score do I need for an ITIN loan?

Accepted Answer

Most ITIN lenders want at least a 620 credit score. Some programs go lower with a larger down payment.

Question 3

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

Accepted Answer

Expect 10 to 20 percent down. The exact amount depends on the lender, your credit score, and income documentation.

Question 4

Can I use agricultural or seasonal income to qualify?

Accepted Answer

Yes, if it's documented on your ITIN tax returns. Consistent two-year income history is what lenders look for.

Question 5

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes. ITIN is a non-QM product, so rates run higher than conventional loans. Rates vary by borrower profile and market conditions.

Question 6

What if I have a co-borrower with a Social Security number?

Accepted Answer

That can strengthen your application. Some lenders treat the file more favorably when one borrower has a traditional credit profile.

ITIN Loans in Livingston, CA — No SSN Required