Question 1

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

Accepted Answer

Yes. You need a valid ITIN, two years of tax returns filed under it, and enough income to qualify. No SSN required.

Question 2

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

Accepted Answer

Most lenders require 10-20% down. The exact amount depends on your credit profile and the lender's guidelines.

Question 3

Do ITIN loans have higher interest rates?

Accepted Answer

Yes, typically higher than conventional loans. They are non-QM products. Rates vary by borrower profile and market conditions.

Question 4

Can I use foreign credit history to qualify?

Accepted Answer

Some ITIN lenders accept foreign credit records. Not all do — it depends on which wholesale lender we match you with.

Question 5

What documents do I need to apply?

Accepted Answer

Bring your ITIN assignment letter, two years of tax returns, and 12 months of bank statements. More documentation strengthens your file.

Question 6

Is an ITIN loan the same as a Community Mortgage?

Accepted Answer

No. Community Mortgages are a separate program. Both serve immigrant borrowers, but they have different guidelines and lender requirements.

ITIN Home Loans in Ceres, CA