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Desert Hot Springs has a large Spanish-speaking community. Many residents earn steady income but don't have a Social Security number.
ITIN loans exist for exactly this situation. You use your Individual Taxpayer Identification Number to qualify instead.
620 (typical)
Min Credit Score
20-25% minimum
Down Payment
No — ITIN accepted
SSN Required
2 years U.S. returns
Tax History Needed
Non-QM / Specialty
Loan Type
ITIN Loans in Desert Hot Springs
You need a valid ITIN, at least two years of U.S. tax returns, and documented income. Most lenders want 12-24 months of bank statements too.
Credit scores typically need to be 620 or higher. Some lenders go lower with a larger down payment — usually 20-25% minimum.
Local decision guide
Use this guide to connect itin loans eligibility, lender expectations, and local market factors before comparing payment options in Desert Hot Springs.
Desert Hot Springs has a large Spanish-speaking community. Many residents earn steady income but don't have a Social Security number.
ITIN loans exist for exactly this situation. You use your Individual Taxpayer Identification Number to qualify instead.
You need a valid ITIN, at least two years of U.S. tax returns, and documented income. Most lenders want 12-24 months of bank statements too.
Big retail banks don't offer ITIN loans. This product lives in the non-QM wholesale market — specialty lenders who build programs around it.
SRK CAPITAL works with 200+ wholesale lenders. Several specialize in ITIN programs with competitive terms for Riverside County borrowers.
The biggest mistake ITIN borrowers make is waiting. Two years of filed U.S. tax returns is a hard requirement. Start filing now if you haven't.
Self-employed ITIN borrowers often pair this with a bank statement program. That combo gives underwriters a cleaner income picture.
Foreign National loans don't require U.S. tax history but expect larger down payments and higher rates. ITIN loans reward borrowers with U.S. roots.
Bank Statement loans can work alongside or instead of ITIN programs if income documentation is the main challenge. Rates vary by borrower profile and market conditions.
Desert Hot Springs sits in the Coachella Valley, with home prices generally below Palm Springs. That makes qualifying loan amounts more manageable for ITIN borrowers.
Riverside County's workforce includes many ITIN-eligible residents. Local demand for these programs is real — and so is competition for move-in-ready inventory.
Yes. ITIN loans are designed for this. You need a valid ITIN, tax history, and documented income — no SSN required.
Most ITIN programs require 20-25% down. A stronger credit file or longer tax history can sometimes reduce that requirement.
No. ITIN loans are specifically built for non-citizens who live and earn income in the U.S.
Self-employed borrowers often use bank statements alongside tax returns. Many non-QM lenders accept this combination for ITIN files.
Yes, typically. ITIN loans are non-QM products and carry higher rates. Rates vary by borrower profile and market conditions.
Non-QM loans often close in 21-30 days with complete documentation. Missing tax returns or income docs are the most common delays.