ITIN Home Mortgages
Welcome to Capital Home Mortgage, where we strive to provide ITIN homebuyers and homeowners alternative options to purchase, refinance, or cash out home loans. ITIN Home Mortgages are designed for individuals who do not have a Social Security Number (SSN) but have an Individual Taxpayer Identification Number (ITIN). These loans cater to borrowers, including non-residents, undocumented individuals, and foreign nationals, looking to purchase or refinance a home in.
Capital Home Mortgage can guide purchasers through this non-traditional mortgage path, offering individualized solutions. Our extensive experience and dedication to customer service make us a dependable option for Non-QM loans.
Call today (800) 804-5181 to speak to a ITIN Mortgage Specialist.
ITIN Mortgage Rates
Interests rates are calculated using several factors.
- Borrower’s Credit Worthiness
- Loan to Value of the Property
- Property Occupancy
- Property Type
ITIN Mortgage Loans
Individual Tax Identification Number (ITIN) loans are for borrowers who do not have Social Security numbers. Borrowers with ITIN cards can qualify for a mortgage as long as they meet the eligibility requirements. ITIN loans are full doc non-QM mortgages offering flexibility for individuals residing in the United States.
ITIN Home Loan Key Points
- Purchase, Rate & Term, Cash-Out
- Primary Only
- Minimum Credit 640
- Maximum LTV 75%
- Up to 50% DTI
- Non Warrantable Condos Allowed
- One Year Seasoning Foreclosures
- Two Year Seasoning Bankruptcy
- Minimum Loan 125K
- Maximum Loan 2.5M
Key Features of ITIN Home Loans
Benefits of ITIN Home Loans
- Accessible Homeownership: Helps ITIN holders achieve homeownership without an SSN.
- Flexible Qualification: Alternative credit and income documentation are accepted.
- High Loan Limits: Suitable for more expensive housing market.
- Path to Building Equity: Offers opportunities for long-term wealth building through real estate.
Eligibility Requirements of ITIN Home Loans
- NO SSN Required: Borrowers qualify using an ITIN instead of an SSN, Proof of steady income and residency is required.
- Credit History: No requirement for traditional credit scores or U.S. residency. Alternative credit (e.g., utility or rent payment records).
- Occupancy: Available for primary residences, with some lenders offering options for second homes or investment properties.
- Down Payment: Range from 10-20%, depending on the borrower’s creditworthiness and financial situation.
- Residency: Borrowers must reside in the U.S. and provide proof of residency, such as utility bills or lease agreements.
Qualifying ITIN Home Mortgages
- Pre-qualification: Borrowers provide ITIN, proof of income, and supporting documentation to estimate eligibility.
- Application: Formal application includes property appraisal, verification of income, and credit checks (if applicable).
- Approval: Approval is based on the borrower’s financial profile, property value, and down payment amount.
- Closing: Lenders provide final terms, and borrowers close with funds for the down payment and closing costs.
Challenges of ITIN Home Mortgages
- Higher Down Payments: ITIN loans require more equity than traditional mortgages.
- Limited Lender Options: Not all lenders offer ITIN mortgages, which can limit availability.
- Higher Interest Rates: Reflecting the increased risk and specialized nature of these loans.
- Property Eligilbility: Limited Investors for Condos, Multi Family and Manufactured Homes
Who Should Consider ITIN Home Mortgages
- Non-Citizen Residents: Individuals living and working without a SSN.
- Self-Employed Borrowers: ITIN holders with alternative income sources.
- First-Time Homebuyers: Those looking to purchase their first home and establish financial stability.
- Foreign Nationals: Non-U.S. citizens investing in real estate.
ITIN Home Mortgages FAQs
What is an ITIN home loan?
- An ITIN loan is a specialized mortgage designed for resident or non-resident taxpayers who use an IRS-issued ITIN instead of an SSN to file U.S. taxes. These loans are classified as Non-QM (Non-Qualified Mortgages) or portfolio loans because they do not conform to Fannie Mae, Freddie Mac, or FHA government guidelines.
Can undocumented immigrants or non-citizens qualify?
- Yes. Qualification is based entirely on financial eligibility—such as income, credit, tax history, and down payment capacity—rather than legal immigration status, green cards, or SSNs.
What types of properties can I buy?
- Single-family homes
- Townhomes and approved condominiums
- Multi-family properties(2–4 units, provided you live in one unit or use it as an investment)
How much down payment is required for an ITIN loan?
- Standard Requirement: Typically 10% to 20% down (some programs require up to 25% depending on credit score and property type).
- Credit Score Impact: Borrowers with higher credit scores may qualify for 10% down, whereas lower scores or non-traditional credit profiles usually require 15% to 20%+.
ITIN mortgage interest rates are higher
- Yes. Interest rates are generally higher than standard conventional rates. Lenders price these higher because the loans cannot be backed or insured by government agencies.
Do I need a standard U.S. credit score?
- Not always. While having a FICO score (620–660+) makes the application process faster and secures better interest rates, many ITIN lenders accept Alternative Credit Profiles. This can include: 12–24 months of on-time rent payment verification, Utility, cell phone, auto insurance payment histories or letters of good standing from local creditors.
How do I prove my income?
- Tax Returns (Full Doc): 2 years of U.S. tax returns filed using your ITIN, along with W-2s or 1099s.
- Bank Statement Programs: For self-employed individuals, lenders review 12 to 24 months of personal or business bank statements to establish average monthly deposits rather than tax filings.
What documents must I submit when applying?
- Identification: Unexpired foreign passport or driver’s license
- ITIN Card/Letter: Copy of the official IRS letter assigning your ITIN number.
- Income: 2 years of ITIN tax returns or 12–24 months of bank statements.
- Asset Proof: 2–3 months of bank statements proving funds for down payment and closing costs
- Work History: Proof of 2 years of continuous employment or business ownership.
Can I refinance an ITIN loan later?
- Yes. If you later obtain a Social Security Number or build a stronger credit history, you can refinance your ITIN loan into a conventional or FHA mortgage to lower your interest rate and monthly payment.
Quick Comparison: ITIN vs. Conventional Mortgage
| Feature | ITIN Home Loan | Conventional Mortgage |
| Identification | ITIN (No SSN required) | Social Security Number (SSN) |
| Minimum Down Payment | 10% – 20%+ | 3% – 5% |
| Interest Rate | ~1% – 2.5% above market | Standard market rates |
| Credit Verification | Standard FICO or Alternative Credit | Standard FICO score required |
| Tax Returns | 2 Years of ITIN Filings or Bank Statements | 2 Years of W-2s / SSN Tax Returns |
Why Home owners Choose Capital Home Mortgage
Close On Time
Complete Control
Application to Funding
Competitive Rates & Fees
Direct Lender
Full Line of Programs
Exceptional Service
Customer Support
Application to Final Payment
Why Home owners Choose Capital Home Mortgage
Close On Time
Complete Control
Application to Funding
Application to Funding
Competitive Rates & Fees
Direct Lender
Full Line of Programs
Full Line of Programs
Exceptional Service
Customer Support
Application to Final Payment
Application to Final Payment
Capital Home Mortgage Company Reviews
Home Mortgage Programs
Home Purchase Loans
Looking to Purchase a Home?
Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.
- Primary, 2nd Home, Investment
- Competitive Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
Renovation Home Loans
Looking to Rehab a Home?
Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
FHA Home Loans
Great 1st Time Homebuyers
FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket. Call today to get started.
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
VA Home Loans
100% Financing for Vets
Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
Conventional Home Loans
Flexibility for Homebuyers
Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
Jumbo Home Loans
Non-Conforming Home Loans
Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
USDA Home Loans
100% Rural Home Loans
USDA Loans are a great option for families wanting to live outside of the city. Call today to speak with a loan officer to discuss your personal loan options.
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
Native American Home Loans
Hud 184 Home Loans
HUD 184 Home Loans are solely for Native American and offer a variety of benefits. Call today to speak with a loan officer to find out more.
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
Manufactured Home Loans
Great Alternative Housing
Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Reverse Mortgage Loans
Your Home at Work
Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
Non QM Home Loans
Making Mortgages Possible
Looking for Non Traditional Home Mortgage Loan? Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
One Time Close Home Loans
Build Your Dream Home
Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan. Call today to see how a OTC loan works.
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
Refinance Mortgage Loans
Rate & Term Refinance
Refinancing can be a hard decision and may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor for details.
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
Cashout Mortgage Loans
Equity Mortgage Loans
Cash-Out Mortgage Loans make use of the equity in your home. Refinancing may result in finance charges that may be higher over the life of the loan. Consult with your loan advisor.
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
State Specific Mortgage Information