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Encinitas has a large, established immigrant community. Many residents earn strong incomes but don't have a Social Security number.
An ITIN loan uses your Individual Taxpayer Identification Number instead. It's a non-QM loan — meaning it falls outside standard Fannie Mae guidelines.
Varies by lender
Min Credit Score
No — ITIN accepted
SSN Required?
15–20% typical
Down Payment
2 years typical
Tax Filing History
Non-QM
Loan Type
ITIN Loans in Encinitas
You need a valid ITIN and a history of filing U.S. taxes. Lenders want to see at least two years of returns.
Credit requirements vary by lender. Some accept thin credit files or foreign credit history. Down payments typically start at 15-20%.
Local decision guide
Use this guide to connect itin loans eligibility, lender expectations, and local market factors before comparing payment options in Encinitas.
Encinitas has a large, established immigrant community. Many residents earn strong incomes but don't have a Social Security number.
An ITIN loan uses your Individual Taxpayer Identification Number instead. It's a non-QM loan — meaning it falls outside standard Fannie Mae guidelines.
You need a valid ITIN and a history of filing U.S. taxes. Lenders want to see at least two years of returns.
Most big banks don't offer ITIN loans. You need a wholesale lender that specifically underwrites non-QM products.
We work with 200+ wholesale lenders at SRK CAPITAL. Several specialize in ITIN programs with competitive terms for California borrowers.
The biggest mistake ITIN borrowers make is waiting. Consistent tax filing history is your approval foundation — start now.
Some lenders also accept 12-24 months of bank statements in place of tax returns. That opens doors for self-employed ITIN borrowers.
Foreign National loans are a common alternative. But those are designed for non-residents — ITIN loans serve people who live and work here.
Bank Statement loans overlap with ITIN programs for self-employed borrowers. The right fit depends on your income documentation and residency status.
Encinitas is in San Diego County, where home prices run high. ITIN loan limits depend on the lender — not conforming loan caps.
That matters here. Non-QM lenders can go higher on loan amounts, which is critical in a coastal San Diego market. Rates vary by borrower profile and market conditions.
Yes. ITIN loans are designed exactly for this. You don't need a Social Security number to qualify.
Most lenders want two years of U.S. tax returns filed under your ITIN. Some accept bank statements instead.
Expect 15-20% down for most programs. Some lenders require more depending on your credit profile.
Yes, typically. Non-QM loans carry more lender risk. Rates vary by borrower profile and market conditions.
Possibly. Property type eligibility depends on the lender. Some non-QM programs restrict condo approvals.
Some lenders accept foreign credit history or alternative tradelines. Ask us which lenders allow this.