Loading
Loading
Folsom is a competitive Sacramento County market. Many buyers here have deep roots, steady income, and no Social Security number.
ITIN loans exist for exactly that borrower. You file taxes, you earn income, you can buy a home.
Varies by lender
Min Credit Score
2 Years (ITIN)
Tax Returns Required
10–20% typical
Down Payment
Non-QM
Loan Type
2+ years preferred
ITIN Filing History
ITIN Loans in Folsom
You need a valid ITIN and two years of tax returns filed with it. Lenders want to see consistent, documented income.
Most ITIN programs require 10–20% down. Credit history matters, but some lenders accept non-traditional credit.
Local decision guide
Use this guide to connect itin loans eligibility, lender expectations, and local market factors before comparing payment options in Folsom.
Folsom is a competitive Sacramento County market. Many buyers here have deep roots, steady income, and no Social Security number.
ITIN loans exist for exactly that borrower. You file taxes, you earn income, you can buy a home.
You need a valid ITIN and two years of tax returns filed with it. Lenders want to see consistent, documented income.
Big banks don't do ITIN loans. These are wholesale non-QM programs, and not every lender offers them.
That's why shopping matters. Rate and down payment requirements vary widely across lenders on this product.
The most common file I see fall apart: great income, but only one year of ITIN tax returns filed. Start filing early.
Two years of returns is a hard requirement for most programs. Don't wait until you're ready to buy to get compliant.
ITIN loans are non-QM. That means higher rates than FHA or conventional, but they serve a borrower those programs exclude.
Foreign National loans are an alternative if you live abroad. Bank Statement loans work if you're self-employed with an SSN.
Folsom has a strong immigrant workforce in tech, construction, and healthcare. ITIN borrowers here are often well-qualified buyers.
Sacramento County's prices make homeownership realistic on this program. Down payment is the main hurdle, not income.
Yes. ITIN loans are designed for this. You need two years of tax returns, documented income, and a down payment.
No. Your ITIN replaces the SSN on this loan type. Lenders verify your identity and income through the ITIN filing history.
Most programs require 10–20% down. The exact amount depends on your credit profile and the lender.
Yes, typically. ITIN loans are non-QM products. Rates vary by borrower profile and market conditions.
Some lenders allow it. Investment property purchases under ITIN programs usually require larger down payments.
Most lenders require two years. One year of returns significantly limits your options — wait and file again before applying.