Question 1

Can I buy a Half Moon Bay home with just an ITIN and no Social Security number?

Accepted Answer

Yes, ITIN loans are specifically designed for borrowers without Social Security numbers. You'll need a valid ITIN, bank statements or tax returns, and typically 15-20% down.

Question 2

What credit score do I need for an ITIN loan in Half Moon Bay?

Accepted Answer

Most lenders require 680 minimum, though some go to 660 with 20%+ down. Higher scores unlock better rates and more flexible documentation requirements.

Question 3

How do lenders verify income without W-2s or paystubs?

Accepted Answer

Lenders use 12-24 months of bank statements showing consistent deposits, or tax returns filed with your ITIN. Self-employed borrowers show income through 1099s and business bank accounts.

Question 4

Are ITIN loan rates higher than conventional mortgages?

Accepted Answer

Yes, rates typically run 0.5-2% higher due to non-QM classification. Rates vary by borrower profile and market conditions based on your down payment size and documentation quality.

Question 5

Can I use cryptocurrency as reserves for an ITIN loan?

Accepted Answer

Some non-QM lenders now accept verified crypto holdings as reserves. This is a new option as of early 2026 and not all ITIN lenders offer it yet.

Question 6

Do ITIN loans work for investment properties in Half Moon Bay?

Accepted Answer

Most ITIN programs require primary residence occupancy. Investment properties need 25-30% down minimum and face higher rates than owner-occupied purchases.

ITIN Loans in Half Moon Bay: Homeownership Without a Social Security Number