Question 1

Can I buy in Laguna Hills without a Social Security number?

Accepted Answer

Yes. ITIN loans are designed for this. You use your Individual Taxpayer Identification Number in place of an SSN.

Question 2

What documents do I need for an ITIN loan?

Accepted Answer

Expect to provide your ITIN, two years of tax returns, and bank statements. Some lenders accept bank statements in place of returns.

Question 3

How much do I need for a down payment?

Accepted Answer

Most ITIN programs in Orange County require 10-20% down. Exact requirements vary by lender and borrower profile.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Typically yes. ITIN is a non-QM product. Rates vary by borrower profile and market conditions.

Question 5

Can I buy a second home or investment property with an ITIN loan?

Accepted Answer

Some lenders allow it. Primary residences are easiest to finance. Ask your broker which lenders cover second homes in Orange County.

Question 6

How is ITIN different from a Foreign National loan?

Accepted Answer

ITIN borrowers have U.S. tax history, which gives lenders more to work with. Foreign National loans target buyers with no U.S. tax presence at all.

ITIN Loans in Laguna Hills, CA