Educational guide · Non-QM Program
What are ITIN loans?
An ITIN loan lets a borrower use an Individual Taxpayer Identification Number instead of a Social Security Number. If you pay US taxes but don't have an SSN, this type of program exists in the market.
What is an ITIN?
ITIN stands for Individual Taxpayer Identification Number. The IRS issues it so people without an SSN can meet their tax obligations. Being a taxpayer is what makes you eligible for financial products many people don't know about.
Typical documentation
- IRS letter with your ITIN
- Valid ID (passport, matrícula consular, driver's license)
- 2 years of tax returns (1040 with ITIN)
- Income documentation (W-2, 1099, bank statements, employer letter)
- Alternative credit history (rent, utilities, card payments)
General characteristics
- Down payment tends to be higher than a conventional loan.
- Interest rate tends to be higher than a conventional loan.
- Available for primary residence, second home, or investment property depending on the lender.
- Typical term of 15 or 30 years.
Specific characteristics vary by lender. Informational only; not an offer.
Legal status and immigration
We do not report to immigration. Private mortgage lenders do not share information with immigration authorities, and the IRS has strict confidentiality rules protecting taxpayer data.
However, to obtain a mortgage the borrower must show ability to repay, which in practice requires legal status in the United States: US citizenship, lawful permanent residence, or a valid visa that allows the borrower to visit or occupy the property. Without that legal basis, even an active ITIN is not enough to structure a loan. Non-residents buying purely as investors may fit a Foreign National program instead.