Who it is for
- Borrowers who pay US taxes with an ITIN
- Self-employed ITIN holders (often with bank statements)
Typical ITIN Loans requirements
| Down payment | Typically 10–25% |
|---|---|
| Credit | Traditional or alternative credit history |
| Income | Tax returns, bank statements or 1099s |
Figures are typical market ranges as of October 2026. Actual terms depend on the lender, your credit, the property and the program, and are confirmed on your Loan Estimate or term sheet.
How it works
- Verify ITIN and identity.
- Document income for two years.
- Underwrite credit, DTI and reserves.
Try the Home Affordability Calculator
Pros and cons
Advantages
- Path to ownership without an SSN
Trade-offs
- Larger down payment
- Non-QM pricing
Documents you’ll need
- ITIN letter
- Government-issued photo ID
- Income documents
- Bank statements
ITIN Loans FAQ
Can I get a mortgage with an ITIN?
Yes, through ITIN loan programs offered by non-QM lenders.
How much down do I need with an ITIN?
Typically 10 to 25%, depending on the lender and your credit history. More down usually means a better rate.
What credit history do I need?
Lenders accept traditional credit if you have it, or alternative credit like 12 to 24 months of rent, utility and insurance payments.
Can I use an ITIN loan for an investment property?
Most ITIN programs are for primary residences. Investment properties are harder; talk to us and we will check current options.
Do I need tax returns?
Usually 2 years of filed US tax returns under your ITIN. Self-employed ITIN borrowers can often use bank statements instead.
How long does an ITIN loan take to close?
Typically 30 to 45 days. Document gathering takes longer than average, so start early.
Can my spouse be on the loan with an SSN?
Yes. A co-borrower with an SSN can strengthen the application and sometimes unlock better pricing.
Are ITIN loan rates higher?
Yes, usually 1 to 2% above conventional rates. The smaller lender pool and extra risk drive the pricing.
What ID do I need?
A valid passport or other government photo ID, plus your ITIN letter from the IRS.
How ITIN Loans compare
| ITIN Loans | Bank Statement Loans | Foreign National Loans | |
|---|---|---|---|
| Best for | Borrowers who pay US taxes with an ITIN | Business owners and self-employed borrowers with heavy write-offs | International investors buying US rentals |
| Down payment | Typically 10–25% | , | Typically 25–40% |
| Credit | Traditional or alternative credit history | Typically 620–660 | US credit not required; international references accepted |
| Income docs | , | , | , |
Typical ranges, your Loan Estimate or term sheet confirms actual terms.
Coming soon: a 2-minute walkthrough from our loan team.
Related programs
Bank Statement Loans
A bank statement loan is a non-QM mortgage that calculates self-employed income from 12 or 24 months of personal or business bank deposits instead of tax returns.
Foreign National Loans
A foreign national loan lets a non-US citizen who does not live in the US finance a US investment property or second home without a US credit history or Social Security number.