Question 1

Can I buy in Palo Alto with just an ITIN?

Accepted Answer

Yes. ITIN loans are legal and available through non-QM lenders. You don't need an SSN to purchase property in California.

Question 2

How much do I need to put down?

Accepted Answer

Most ITIN lenders want 20–25% down. A larger down payment can offset a lower credit score or thinner file.

Question 3

Do I need a U.S. credit history?

Accepted Answer

Preferred, but not always required. Some lenders accept foreign credit reports for borrowers with limited U.S. credit history.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes. Non-QM loans carry higher rates than conventional. Rates vary by borrower profile and market conditions.

Question 5

Can I get a jumbo ITIN loan in Palo Alto?

Accepted Answer

Yes, but fewer lenders offer it. The ITIN plus jumbo combination requires a strong file — solid reserves and clean tax history help most.

Question 6

What documents do ITIN lenders typically require?

Accepted Answer

Expect 2 years of ITIN tax returns, proof of employment or self-employment income, and 2–3 months of bank statements at minimum.

ITIN Loans in Palo Alto — Buy Without a Social Security Number