ITIN Loans

ITIN Loans are mortgage loans designed for people who do not have a Social Security Number (SSN) but pay taxes using an ITIN (Individual Taxpayer Identification Number).

These loans help non-U.S. citizens or undocumented residents buy a home in the United States.

An ITIN is issued by the Internal Revenue Service (IRS) to people who need to file U.S. taxes but are not eligible for a Social Security number.

Example:
Someone working in the U.S. who files taxes every year but does not have legal residency.

An ITIN mortgage is similar to a regular home loan but uses the borrower’s ITIN instead of a Social Security number to verify tax records and income.

Borrowers can often buy a home using:

• Bank statement income 
• Tax returns 
• Proof of employment or self-employment
   

These loans are usually offered by private lenders or non-QM lenders (not government-backed).

• ITIN number 
• 2 years tax returns 
• Down payment: usually 15%–25% 
• Credit score: often 620+ (or alternative credit) 
• Proof of income or bank statements 
• Primary residence purchase
   

Home price: $600,000
Down payment (20%): $120,000

The borrower qualifies using:

• ITIN 
• 2 years tax returns 
• Bank statements showing income

• Allows non-SSN borrowers to become homeowners 
• Helps people who pay taxes but lack traditional credit 
• Common in states like California, Texas, and Florida
   

Loan TypeSSN RequiredDown PaymentConventional LoanYes3–20%FHA LoanYes3.5%ITIN LoanNo15–25%