Question 1

Can I buy a home in West Sacramento with just an ITIN?

Accepted Answer

Yes. ITIN loans exist specifically for this. You don't need an SSN to qualify.

Question 2

What credit score do I need for an ITIN loan?

Accepted Answer

Most lenders want a 620 or higher. Some accept alternative credit like utility and rental payment history.

Question 3

How many years of tax returns do lenders require?

Accepted Answer

Typically two years filed under your ITIN. Both years need to show consistent income.

Question 4

Are ITIN loan rates higher than conventional rates?

Accepted Answer

Yes. ITIN loans are non-QM and carry more lender risk. Rates are higher than conventional. Rates vary by borrower profile and market conditions.

Question 5

Can I use rental income to qualify for an ITIN loan?

Accepted Answer

Some lenders allow it if the rental income is documented on your tax returns. Ask us which lenders accept it.

Question 6

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

Accepted Answer

No. ITIN loans are designed for non-citizens. Legal residency status requirements vary by lender.

ITIN Home Loans in West Sacramento, CA