Question 1

Can I buy a home in Yreka without a Social Security number?

Accepted Answer

Yes. ITIN loans are designed for this. You need a valid IRS-issued ITIN and documented income history.

Question 2

What credit score do ITIN lenders typically require?

Accepted Answer

Most want at least 620. Some specialty lenders go lower with a larger down payment or strong reserves.

Question 3

Do ITIN loans cost more than conventional loans?

Accepted Answer

Yes. Rates are higher because these are non-QM products. Rates vary by borrower profile and market conditions.

Question 4

Will my immigration status affect loan approval?

Accepted Answer

Lenders don't verify immigration status for ITIN loans. They verify your identity, income, and tax history.

Question 5

Are there ITIN loan limits for Siskiyou County?

Accepted Answer

Limits vary by lender, not a federal cap. Most programs go up to conforming loan limits or higher on a case-by-case basis.

Question 6

How long does an ITIN loan take to close?

Accepted Answer

Expect 30-45 days. Non-QM lenders move slower than conventional. Having documents ready up front speeds things up.

ITIN Home Loans in Yreka, CA