Question 1

Can I use an ITIN loan if I'm on an H-1B visa?

Accepted Answer

Yes, H-1B holders with ITINs qualify. Many lenders prefer visa holders with stable tech employment and handle the documentation smoothly.

Question 2

What interest rate should I expect on an ITIN loan?

Accepted Answer

Rates typically run 1-2% above conventional loans as of February 2026. Exact rate depends on credit score, down payment, and property type.

Question 3

Do ITIN loans require higher down payments than regular mortgages?

Accepted Answer

Yes, expect 15-20% minimum versus 3-5% for conventional loans. Larger down payments improve rates and expand lender options.

Question 4

Can I refinance my current mortgage using my ITIN?

Accepted Answer

Yes, ITIN refinancing works for rate-term or cash-out scenarios. You'll need the same documentation as a purchase: two years tax returns and adequate equity.

Question 5

Will applying for an ITIN loan affect my immigration status?

Accepted Answer

No, ITIN loans don't impact visa or immigration applications. Lenders report to credit bureaus, not immigration authorities.

Question 6

What if my spouse has a Social Security number but I only have an ITIN?

Accepted Answer

You can apply jointly using your ITIN and their SSN. Lenders combine incomes and credit profiles to determine qualification.

ITIN Loans in Sunnyvale: Finance Your Home Without a Social Security Number