Question 1

Can I buy a vacation cabin in Big Bear with an ITIN?

Accepted Answer

Yes, but second-home ITIN loans require stronger reserves and larger down payments. Expect 20-25% down minimum.

Question 2

Do I need a credit score to get an ITIN loan?

Accepted Answer

Most lenders want some credit history. Some accept alternative records like rent or utility payments if your file is thin.

Question 3

Will my ITIN loan rate be higher than a conventional rate?

Accepted Answer

Yes. Non-QM loans carry higher rates than conventional loans. Rates vary by borrower profile and market conditions.

Question 4

Can I use rental income from a Big Bear property to qualify?

Accepted Answer

Some ITIN lenders allow rental income. You'll need documentation, and lender rules differ — ask before you assume.

Question 5

How long does an ITIN loan take to close in California?

Accepted Answer

Non-QM loans typically take 30-45 days. Having your ITIN documents, tax returns, and bank statements ready speeds things up.

ITIN Loans in Big Bear Lake, CA