Question 1

Can I get an ITIN loan in Portola Valley with less than 20% down?

Accepted Answer

Yes, some lenders accept 15% down for ITIN loans. Stronger credit profiles and lower debt ratios improve your chances at reduced down payments.

Question 2

Do all lenders accept ITIN for mortgage qualification?

Accepted Answer

No, conventional lenders require Social Security numbers. We work with specialized non-QM lenders who underwrite ITIN loans specifically.

Question 3

How do rates compare to conventional loans?

Accepted Answer

ITIN loan rates run 0.5-1.5% higher than conventional programs. Exact pricing depends on credit score, down payment, and loan amount.

Question 4

What income documentation do I need?

Accepted Answer

Two years of filed tax returns with your ITIN are standard. Some lenders also require proof of tax filing history and current employment verification.

Question 5

Can I use cryptocurrency as reserves for an ITIN loan?

Accepted Answer

Some lenders now accept verified crypto holdings as reserves. This helps strengthen your file but doesn't replace income documentation requirements.

ITIN Loans in Portola Valley: Financing Without a Social Security Number