Question 1

Can I buy a home in Loma Linda with just an ITIN?

Accepted Answer

Yes. You need a valid ITIN, documented income, and established credit. No Social Security number required.

Question 2

What credit score do ITIN lenders require?

Accepted Answer

Most lenders want a 620 or higher. Thin credit can be a bigger issue than score — you need active tradelines.

Question 3

How much do I need for a down payment?

Accepted Answer

Expect 10-20% down for most ITIN loan programs. Lower down payments are rare but possible with strong credit.

Question 4

Do ITIN loans cost more than conventional loans?

Accepted Answer

Yes. Rates are higher because it's non-QM. Shopping multiple lenders through a broker reduces that gap. Rates vary by borrower profile and market conditions.

Question 5

Can I refinance later with my ITIN?

Accepted Answer

Yes. If you build U.S. credit and your ITIN is still valid, refinancing into a better rate is possible down the road.

Question 6

What income documents will I need?

Accepted Answer

Typically 12-24 months of bank statements or ITIN-filed tax returns. Two years of consistent income history is ideal.

ITIN Loans in Loma Linda, CA