ITIN Loans

One-line summary: Mortgage loans for borrowers who file taxes using an Individual Taxpayer Identification Number (ITIN) instead of a Social Security Number, designed for borrowers without SSN but with established U.S. tax history.

Best for

Borrowers without a Social Security Number who file taxes with an ITIN, including many immigrants and non-residents with U.S. tax-filing history. These borrowers typically can’t access conventional, FHA, or VA financing despite having stable income and U.S. tax compliance.

Key terms (typical)

Attribute	Typical Range
Eligible borrowers	Borrowers with valid ITIN; typically two years of U.S. tax filings
Eligible properties	1–4 unit primary, second home, or investment
Down payment	15–25% typical
Credit	U.S. credit history preferred; some programs use alternative credit references (rent, utilities, international credit)
Loan amount	Up to $1M+ depending on program
Term	30 years fixed; ARM options available
Income documentation	Full doc (tax returns) typical; some programs accept bank statements
Reserves	6–12 months PITI typical

Why borrowers choose this program

• Access to homeownership without SSN. ITIN borrowers are typically excluded from FHA, VA, USDA, and conventional financing despite having stable income and tax-filing history. ITIN programs fill this gap.
• Standard 30-year structures. Most ITIN programs offer the same fixed-rate structures as conventional, not just short-term hard money.
• U.S. credit-building. Successful ITIN mortgage payment history helps build the borrower’s U.S. credit file.
• All property types. Primary, second home, and investment, same flexibility as conventional.

Considerations

• Higher rates than conventional. ITIN programs typically price 100–250 basis points above conventional. The premium pays for the broader borrower eligibility.
• Larger down payment required. 15–25% down is standard; very few programs go below 15%.
• Limited lender pool. Far fewer wholesale lenders offer ITIN programs than offer conventional or FHA. Pricing and terms vary more widely between lenders.