Question 1

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

Accepted Answer

Yes. ITIN loans are specifically designed for this. You don't need an SSN to qualify or close.

Question 2

How much do I need for a down payment?

Accepted Answer

Most ITIN programs require 10-20% down. A stronger credit profile or more reserves can sometimes lower that.

Question 3

Do lenders check credit if I have no US credit history?

Accepted Answer

Some lenders accept foreign credit reports, especially from Mexican bureaus. Others build a file from utility and rent payment history.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes. Non-QM products carry more risk for lenders. Rates vary by borrower profile and market conditions.

Question 5

What documents do ITIN borrowers typically need?

Accepted Answer

Expect to provide your ITIN card, 12-24 months of bank statements or tax returns, and proof of employment or self-employment income.

Question 6

Can seasonal farm workers qualify in Tulare County?

Accepted Answer

Yes, but lenders average income across 24 months. Gaps in employment must be explained and documented clearly.

ITIN Home Loans in Woodlake, CA