Question 1

Can I get an ITIN loan with a work visa?

Accepted Answer

Yes, visa status doesn't affect ITIN loan eligibility. Lenders care about income documentation and credit history, not immigration classification.

Question 2

Do ITIN loans require higher down payments than conventional?

Accepted Answer

Most programs start at 15-20% down versus 3-5% for conventional. That gap closes if you bring stronger credit or larger reserves.

Question 3

How do lenders verify income without an SSN?

Accepted Answer

They use tax returns filed with your ITIN, paystubs, employer letters, and bank statements. The process matches conventional underwriting but uses your ITIN instead.

Question 4

Can cryptocurrency count toward my down payment or reserves?

Accepted Answer

Select non-QM lenders now accept verified crypto holdings. You'll need exchange statements and often convert to cash 60 days before closing.

Question 5

What credit score do I need for an ITIN loan in San Mateo County?

Accepted Answer

Most lenders start at 620, though some portfolio programs go to 580 with 25% down. Higher scores unlock better rates and lower down payment options.

ITIN Loans in Redwood City: Financing Without a Social Security Number