Question 1

Can I get an ITIN loan in Santa Clara without a green card?

Accepted Answer

Yes. You don't need a green card or visa. A valid ITIN and two years of tax returns are the core requirements.

Question 2

How much do I need to put down on an ITIN loan?

Accepted Answer

Most lenders want 15–25% down. A stronger credit profile or larger reserve account can sometimes help at the lower end.

Question 3

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes, typically. Non-QM loans carry more lender risk. Rates vary by borrower profile and market conditions.

Question 4

What income documents do ITIN borrowers need?

Accepted Answer

Two years of ITIN-filed tax returns are standard. Self-employed borrowers may also use 12–24 months of bank statements.

Question 5

Can I buy a primary home or investment property with an ITIN loan?

Accepted Answer

Both are possible. Primary residence loans usually get better terms. Investment properties may require more down.

Question 6

How long does an ITIN loan take to close in Santa Clara?

Accepted Answer

Expect 30–45 days. Having complete documentation from day one speeds things up significantly.

ITIN Loans in Santa Clara, CA