Question 1

Can I buy a home in El Cajon with just an ITIN?

Accepted Answer

Yes. ITIN loans are designed for borrowers without an SSN. You need two years of tax returns filed under your ITIN and qualifying credit history.

Question 2

What credit score do I need for an ITIN loan?

Accepted Answer

Most ITIN lenders want a 620-660 minimum. Higher scores improve your rate and expand lender options significantly.

Question 3

How much do I need to put down?

Accepted Answer

Expect 15-20% minimum. Some lenders require 20% or more depending on your credit profile and reserves.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes. ITIN loans are non-QM products and carry a rate premium. Rates vary by borrower profile and market conditions.

Question 5

Can I use rental income to qualify?

Accepted Answer

Some ITIN lenders allow it with documented lease agreements and tax returns showing that income. Ask your broker which lenders accept it.

Question 6

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

Accepted Answer

No. ITIN loans do not require citizenship or permanent residency. Legal presence and a valid ITIN are the baseline requirements.

ITIN Home Loans in El Cajon, CA