Can You Buy a House with an ITIN Number?

Many people believe you need a Social Security Number to buy a house.

 

But that is not always true.

 

There are ITIN mortgage programs that allow buyers to purchase a home using an Individual Taxpayer Identification Number.

 

What is an ITIN Mortgage?

 

An ITIN mortgage is a loan designed for buyers who do not have a Social Security Number but still earn income and file taxes.

 

These loans allow buyers to qualify using their ITIN instead.

 

Down Payment Requirements

 

Most ITIN loans require a larger down payment than traditional loans.

 

In many cases, buyers put down between 10% and 20%.

 

Credit Requirements

 

Some lenders allow alternative credit.

 

This can include rent payments, utility bills, and other payment history.

 

Who This is For

 

ITIN loans may be a good fit if you:

 

Do not have a Social Security Number

Have steady income

Can document your finances

Have saved for a down payment

 

Need Help?

 

John Werner with Mortgage and Credit Pro is licensed in Arizona, Oregon, and Washington.

 

Reach out to see if an ITIN loan is right for you.

 

All loans subject to approval. Equal Housing.