Question 1

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

Accepted Answer

Yes. ITIN loans are built for this. You need a valid ITIN and U.S. tax history — not an SSN.

Question 2

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

Accepted Answer

Most lenders require 10–20% down. A larger down payment improves your rate and approval odds.

Question 3

Do ITIN lenders check credit?

Accepted Answer

Yes, but thin credit is workable. Rent, utility, and phone payment history can substitute for traditional tradelines.

Question 4

Can I use bank statements instead of tax returns?

Accepted Answer

Some ITIN lenders allow it. This is common for self-employed borrowers — ask about bank statement ITIN programs.

Question 5

Are ITIN loans more expensive than conventional loans?

Accepted Answer

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

Question 6

How long does it take to close an ITIN loan?

Accepted Answer

Typically 30–45 days. Non-QM underwriting takes longer than conventional. Have your documents ready upfront.

ITIN Home Loans in Sebastopol, CA