Owning a home is a major milestone for families across America. But for many immigrants and self-employed workers who don’t have a Social Security Number, getting a mortgage can feel out of reach.
The good news? You can buy a home in the U.S. without an SSN — through an ITIN Loan.
This guide breaks down what ITIN Loans are, how they work, and what you need to qualify in 2025.
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An ITIN Loan is a Non-QM mortgage program designed for borrowers who do not have a Social Security Number but do have an Individual Taxpayer Identification Number (ITIN).
If you pay U.S. taxes using an ITIN, you may be able to qualify for a home loan, depending on your income, documentation, and lender guidelines.
Who ITIN Loans May Be Good For
- Immigrant families living and working in the U.S.
- Self-employed workers who get paid in cash or on 1099s
- Borrowers with limited traditional credit
- Individuals who pay taxes but do not qualify for standard mortgage options
Instead of relying on an SSN, lenders evaluate:
- ITIN
- U.S. tax returns
- Bank statements
- 1099s or other income proof
- Alternative credit (rent, utilities, insurance payments)
Why ITIN Loans Matter
Millions of people file taxes with an ITIN every year. Many have stable income and strong savings but are declined at traditional banks simply due to lacking an SSN.
According to Urban Institute (2024):
- An estimated 5,000 ITIN mortgages were issued in 2023
- Up to 88,000 additional families could become homeowners annually if more lenders participated
ITIN Loans help expand access to homeownership for hardworking taxpayers who contribute to local communities and want long-term stability.
How ITIN Loans Work (2025 Overview)
Qualifying for an ITIN Loan is similar to qualifying for any other mortgage—just with different documentation.
Typical Requirements
- Valid ITIN
- 2 years of U.S. tax returns (1040 + Schedule C if self-employed)
- W-2s, 1099s, or 12–24 months of bank statements
- Down payment (often 15–20%)
- Proof of savings or reserves
- Credit history or alternative credit verification
Tip: Steady income, a larger down payment, and clean payment history may significantly improve approval chances.
ITIN Loans vs Other Non-QM Loan Programs
Program Type | Who It’s For | Documentation Needed | Down Payment | Best Fit |
| ITIN Loan | Borrowers without SSN | ITIN, tax returns, alternative credit | 15–20% | ITIN taxpayers |
| Bank Statement Loan | Self-employed | 12–24 months bank statements | 10–20% | Entrepreneurs |
| DSCR Loan | Real estate investors | Rental income analysis | 20–25% | Investors |
| Asset Depletion Loan | Retirees / high net worth | Liquid assets | 15–25% | Retired borrowers |
| Foreign National Loan | Non-U.S. residents | Passport, foreign income | 25–30% | Overseas buyers |
Why Choose Loan Factory
As a homebuyer — especially if you're applying with an ITIN — you want a lender who understands your situation, speaks your language, and truly fights for your best deal. That’s why so many borrowers choose Loan Factory. Here, you don’t feel lost or alone — you get transparent pricing, real support, and a team dedicated to helping your family become homeowners with confidence.
- Best Price Guarantee: Get $1,000 if we can’t beat your official offer (Terms & Conditions apply).
- Zero application or junk fees
- Compare 240+ lenders instantly
- Local loan advisors ready to help in your preferred language
- AI-powered MOSO platform for fast pricing and smoother approvals
- Trusted guidance from Thuan Nguyen, America’s #1 Loan Officer
With Loan Factory, you get both advanced technology and caring support — making homeownership more accessible, especially for ITIN borrowers.
How to Apply for an ITIN Loan
Getting started is simple:
Apply online: www.LoanFactory.com/apply
Check your mortgage rate: www.LoanFactory.com/quote
Talk to an advisor: (660) 333-3333
You can upload documents, compare rates, and get pre-qualified entirely online.
This article is for informational purposes only and not a commitment to lend. Loan approval depends on credit, income, underwriting, and investor guidelines. Loan terms, rates, and eligibility vary by lender.
Frequently Asked Questions
