Question 1

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

Accepted Answer

Yes. A valid ITIN plus two years of filed tax returns is the foundation. You don't need a Social Security number or U.S. citizenship.

Question 2

How much do I need for a down payment?

Accepted Answer

Most ITIN lenders require 10–20% down. Stronger credit and income docs can support the lower end of that range.

Question 3

Do ITIN loans cost more than conventional loans?

Accepted Answer

Yes, rates are higher because it's a non-QM product. Rates vary by borrower profile and market conditions.

Question 4

What documents will I need to apply?

Accepted Answer

Plan on 2 years of ITIN tax returns, recent bank statements, employment verification, and a valid government-issued ID.

Question 5

Can I buy an investment property with an ITIN loan?

Accepted Answer

Some lenders allow it. Primary residence is easiest to approve, but investment property is possible with the right lender.

Question 6

Why use a broker instead of a bank for this loan?

Accepted Answer

Most banks don't offer ITIN loans at all. A broker with wholesale access shops multiple non-QM lenders to find the best fit.

ITIN Home Loans in Sonora, CA