Question 1

Can I buy a home in Hollister with just an ITIN?

Accepted Answer

Yes. ITIN loans are designed for borrowers without a Social Security number. You'll need a valid IRS-issued ITIN and two years of tax returns.

Question 2

What credit score do ITIN borrowers need?

Accepted Answer

Requirements vary by lender. Some accept scores as low as 600, others want 660+. Thin or foreign credit files may be considered with strong compensating factors.

Question 3

How much do I need for a down payment?

Accepted Answer

Most ITIN lenders require 10–20% down. A larger down payment can offset a weaker credit profile or income documentation.

Question 4

Are ITIN loans more expensive than regular mortgages?

Accepted Answer

Yes, rates are higher than conventional or FHA loans. Rates vary by borrower profile and market conditions — shopping lenders matters significantly.

Question 5

Do I need to be a U.S. citizen to get an ITIN loan?

Accepted Answer

No. ITIN loans are built for non-citizens. U.S. residency status is not a disqualifying factor for most non-QM ITIN lenders.

Question 6

What documents do ITIN lenders typically require?

Accepted Answer

Expect to provide your ITIN, two years of tax returns, 60 days of bank statements, and proof of employment or income.

ITIN Home Loans in Hollister, CA