Question 1

Can I buy in Los Altos without a Social Security number?

Accepted Answer

Yes. ITIN loans are designed for exactly this. You use your taxpayer ID number instead of an SSN to apply.

Question 2

What credit score do ITIN lenders require?

Accepted Answer

Most want 620 or higher. Some lenders go lower, but expect a higher down payment if your score is under 620.

Question 3

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

Accepted Answer

No. ITIN loans are specifically built for non-citizens. Legal residency or valid visa status is typically required.

Question 4

How much do I need to put down?

Accepted Answer

Plan for 10-20% down minimum. Stronger credit and income documentation can sometimes get you to the lower end.

Question 5

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes, typically. Non-QM programs carry a rate premium over conventional loans. Rates vary by borrower profile and market conditions.

Question 6

Can I qualify if I'm self-employed with an ITIN?

Accepted Answer

Yes. Bank statement programs work alongside ITIN status. Your deposits can replace tax returns for income qualification.

ITIN Loans in Los Altos, CA