Question 1

Can I buy in Placentia with just an ITIN?

Accepted Answer

Yes. ITIN loans are designed for this. You don't need an SSN to qualify with a non-QM lender in Orange County.

Question 2

How much do I need to put down?

Accepted Answer

Most ITIN programs require 20% down. Some lenders go lower with stronger credit or reserves.

Question 3

Do I need a US credit history?

Accepted Answer

Not always. Some lenders accept alternative credit like rent, utilities, and remittance records in place of a traditional score.

Question 4

Are ITIN loan rates higher than conventional?

Accepted Answer

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

Question 5

How many years of taxes do I need?

Accepted Answer

Most lenders want two years of filed US tax returns. Your ITIN must be active and consistently used.

Question 6

What documents do ITIN lenders require?

Accepted Answer

Expect to provide tax returns, bank statements, ID, and proof of employment or self-employment income.

ITIN Home Loans in Placentia, CA