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Galt has a large immigrant community. Many residents work, pay taxes, and build lives here — but don't have a Social Security number.
An ITIN loan is built for exactly this borrower. You file taxes with an Individual Taxpayer Identification Number and use that to qualify.
Varies by lender
Min Credit Score
No
SSN Required
10–20%
Typical Down Payment
2 years
Tax Return History
Non-QM
Loan Type
ITIN Loans in Galt
You need a valid ITIN and at least two years of tax returns. Lenders want to see steady income and a history of paying taxes.
Credit requirements vary by lender. Some accept thin credit files or foreign credit history. Down payments typically start at 10-20%.
Local decision guide
Use this guide to connect itin loans eligibility, lender expectations, and local market factors before comparing payment options in Galt.
Galt has a large immigrant community. Many residents work, pay taxes, and build lives here — but don't have a Social Security number.
An ITIN loan is built for exactly this borrower. You file taxes with an Individual Taxpayer Identification Number and use that to qualify.
You need a valid ITIN and at least two years of tax returns. Lenders want to see steady income and a history of paying taxes.
Most banks don't offer ITIN loans. This is a non-QM product — meaning it lives outside conventional lending guidelines.
Wholesale lenders who specialize in non-QM are where these loans get done. That's exactly the lender network we work with at SRK CAPITAL.
The biggest mistake I see: borrowers assume they can't buy because they lack an SSN. That's wrong. The ITIN loan exists specifically for them.
Documentation is everything on these files. Clean tax returns, consistent income, and a paper trail make approvals happen. Gaps get deals killed.
Foreign National loans are for non-residents. ITIN loans are for people who live here, work here, and file U.S. taxes every year.
Bank Statement loans work if your income isn't fully captured on tax returns. If you're self-employed with an ITIN, that combo is worth exploring.
Galt sits in Sacramento County with relatively affordable home prices compared to the broader metro. That works in an ITIN borrower's favor.
Lower price points mean smaller down payments in real dollars. For first-time buyers using an ITIN, that accessibility gap is narrower here.
Yes. ITIN loans are designed for this. You use your Individual Taxpayer Identification Number to qualify instead.
Most ITIN programs require 10-20% down. The exact amount depends on the lender and your file strength.
Not always. Some lenders accept foreign credit history or thin credit files. It varies by lender program.
Expect to provide two years of tax returns, proof of income, and bank statements. A clean paper trail is critical.
Rates are higher than conventional loans. ITIN loans are non-QM products, so lenders price in more risk. Rates vary by borrower profile and market conditions.
Yes. Self-employed ITIN borrowers may qualify using tax returns or bank statements, depending on the lender program.