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ITIN Loans in Roseville
Roseville's strong immigrant community includes thousands of ITIN holders who qualify for mortgages but don't know it. Most assume banks require a Social Security number to buy a home.
ITIN loans let you build equity in Placer County's stable market even if you're not eligible for a traditional mortgage. You don't need citizenship or a green card to own property here.
You need a valid ITIN, two years of tax returns filed with that ITIN, and proof of income. Most lenders want 15-20% down, though some accept 10% with strong credit.
Credit scores start at 680 for most programs. We work with lenders who verify income through tax returns, W-2s, or 1099s filed under your ITIN. Self-employed borrowers qualify if they show consistent income.
Only about 30 of our 200+ wholesale lenders offer ITIN programs. Big banks won't touch these loans. You need a broker who knows which portfolio lenders and credit unions actually fund ITIN mortgages.
Rates run 0.5% to 1.5% higher than conventional loans because these are portfolio products. Lenders hold the risk instead of selling to Fannie Mae. That premium pays for the lender's added exposure.
Half the ITIN borrowers we meet have been told no by their bank. They didn't know specialized lenders exist. A good broker connects you to lenders who actually want this business.
Roseville's consistent job market helps ITIN borrowers qualify. Lenders like seeing stable employment in sectors like healthcare, construction, and hospitality. Document your work history carefully—it matters more without a Social Security number.
Bank Statement Loans work if you're self-employed and your tax returns show low income. Foreign National Loans suit buyers living outside the U.S. ITIN loans fit if you live and work in California but lack a Social Security number.
Community Mortgages through local credit unions sometimes offer better rates than national ITIN programs. We compare both. Asset Depletion works if you have substantial savings but limited documented income.
Roseville's median home prices favor first-time ITIN buyers compared to Sacramento or Bay Area markets. Your down payment goes further in neighborhoods like Fiddyment Farm or West Roseville.
Placer County taxes and HOA fees run high in newer developments. Budget carefully. ITIN borrowers can't deduct mortgage interest the same way citizens can, so factor that into your payment calculations.
Yes. ITIN loans don't require citizenship, permanent residency, or visa status. You need a valid ITIN and documented income.
Expect 0.5% to 1.5% higher than conventional rates. Exact pricing depends on credit score, down payment, and lender. Rates vary by borrower profile and market conditions.
Most lenders require 15-20%. Some accept 10% with strong credit over 720 and significant reserves.
Yes, if you file tax returns with your ITIN. We verify income through two years of 1040s or business returns.
Big banks don't. Portfolio lenders and some credit unions do. We work with 30+ lenders who actively fund ITIN loans in Placer County.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Asset-based short-term loans primarily used by real estate investors for property acquisition and renovation projects.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.