Question 1

Can I buy a home in Petaluma with just an ITIN?

Accepted Answer

Yes. ITIN loans are designed for exactly this. You don't need a Social Security number to qualify.

Question 2

How much do I need for a down payment?

Accepted Answer

Most ITIN programs require 10-20% down. A larger down payment can offset a lower credit score.

Question 3

Do I need to be a US citizen to get an ITIN loan?

Accepted Answer

No. You need to live in the US and file US taxes with an active ITIN. Citizenship is not required.

Question 4

What documents do lenders ask for?

Accepted Answer

Expect 12-24 months of bank statements or tax returns, proof of ITIN, and employment or business income records.

Question 5

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes, typically. ITIN loans are non-QM products. Rates vary by borrower profile and market conditions.

Question 6

Can a family member co-sign my ITIN loan?

Accepted Answer

Yes. A co-borrower with a Social Security number and strong credit can improve your approval odds significantly.

ITIN Home Loans in Petaluma, CA