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King City sits in the Salinas Valley, a region built on agriculture. Many residents here work, pay taxes, and file returns — but don't have a Social Security number.
ITIN loans exist for exactly this borrower. You use your Individual Taxpayer Identification Number to qualify instead of an SSN.
Varies by lender
Min Credit Score
2 years U.S. returns
Tax Filing Requirement
10–15%
Min Down Payment
Non-QM
Loan Type
ITIN Loans in King City
You need a valid ITIN and a two-year history of U.S. tax filings. Lenders want to see you've been consistently reporting income.
Credit requirements vary by lender. Some accept thin credit files or foreign credit history. Down payment typically starts at 10-15%.
Local decision guide
Use this guide to connect itin loans eligibility, lender expectations, and local market factors before comparing payment options in King City.
King City sits in the Salinas Valley, a region built on agriculture. Many residents here work, pay taxes, and file returns — but don't have a Social Security number.
ITIN loans exist for exactly this borrower. You use your Individual Taxpayer Identification Number to qualify instead of an SSN.
You need a valid ITIN and a two-year history of U.S. tax filings. Lenders want to see you've been consistently reporting income.
ITIN loans are non-QM products. That means banks and credit unions almost never offer them. You need a lender that specifically underwrites outside conventional guidelines.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize in ITIN programs with competitive terms for Monterey County borrowers.
The biggest mistake ITIN borrowers make is waiting. You can buy property in California regardless of immigration status. Legal right to purchase is not the issue — finding the right lender is.
Strong tax returns matter more than credit scores on these files. If your returns show consistent self-employment or W-2 income, you're in a much better position than most people think.
Foreign National loans are sometimes confused with ITIN loans. Foreign Nationals typically don't file U.S. taxes. ITIN borrowers do — that's the key difference.
Bank Statement loans are another option if your tax returns understate income. Some ITIN borrowers use bank statements instead of returns to qualify for a higher loan amount.
King City's economy is heavily agricultural. Many ITIN holders here are farmworkers or small business owners with seasonal or variable income. Lenders who understand this profile close more of these deals.
Monterey County has a significant Spanish-speaking community. We work with borrowers in their preferred language and know which lenders are experienced with this buyer profile.
Yes. You don't need a Social Security number to purchase property in California. A valid ITIN and two years of tax filings are your starting point.
Most ITIN programs start at 10-15% down. Exact requirements depend on the lender and your credit profile.
Not always. Some lenders accept foreign credit history or thin U.S. credit files. Strong tax returns can offset a limited credit profile.
Some lenders are set up for seasonal and agricultural income. The key is two years of consistent tax filing showing that income pattern.
No. W-2 employees with an ITIN can also qualify. Both employed and self-employed ITIN borrowers are eligible under most programs.
ITIN loans are non-QM — they don't follow Fannie Mae or Freddie Mac rules. That means more flexibility, but also higher rates and larger down payments.