Question 1

Can I buy a home in Santa Ana with only an ITIN?

Accepted Answer

Yes. ITIN loans are designed for this. You don't need an SSN, but you do need a valid ITIN, tax filing history, and qualifying income documentation.

Question 2

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

Accepted Answer

Most lenders require 10-20% down. A larger down payment can improve your rate and approval odds with ITIN programs.

Question 3

Do I need US credit history to qualify?

Accepted Answer

Most ITIN lenders want some US credit history. A 620+ credit score is a common minimum, though some lenders use alternative credit references.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes, typically. ITIN loans are non-QM products and carry higher rates than conventional loans. Rates vary by borrower profile and market conditions.

Question 5

Can I use rental income to qualify for an ITIN loan?

Accepted Answer

Some lenders allow it with documentation. Ask your broker which ITIN lenders in their network accept rental income for qualification purposes.

Question 6

What documents do I need to apply for an ITIN loan in Santa Ana?

Accepted Answer

Expect to provide your ITIN, 12-24 months of bank statements or tax returns, proof of employment or self-employment, and ID documentation.

ITIN Loans in Santa Ana: Buy Without a Social Security Number