For you if you have an ITIN instead of a Social Security Number and want to buy your home.
How it works
An ITIN (Individual Taxpayer Identification Number) is a tax number from the IRS for people who don’t have a Social Security Number.
Government loans like FHA ask for a Social Security Number and permanent residence, so they are not an option here. ITIN buyers usually get a portfolio loan instead: a loan the lender keeps and sets its own rules for.
The idea is simple: tax returns do not tell the whole story. These programs look at your credit, your savings, your work and your whole situation.
As a broker, we compare options with several wholesale lenders. Then Adrian tells you which one fits you and how much you would need to put down.
What you’ll need
- Your ITIN letter from the IRS and a photo ID or passport.
- If you are self-employed: a profit and loss statement (P&L) for the last 12 months from your accountant or tax preparer. A P&L is a simple report of what your business earned and spent.
- If you work for a company: the lender confirms your job with your employer.
- A recent bank statement to show your savings.
- A gift letter, if family is helping with your down payment.
In many of these programs, you don’t need tax returns or W-2s. It depends on the program.
Good to know
- The down payment is higher than in government programs, because those programs don’t accept an ITIN. We tell you your real number early, before you fall in love with a house.
- Family can help. In many cases, the whole down payment and closing costs can come from a family gift.
- Home or second home. It can work for a home you live in or a second home, including condos and 1 to 4 units, to buy or refinance.
Let’s talk
Adrian Colin, licensed mortgage broker in Florida and Texas, reviews your case at no cost and tells you if you may qualify. Call us at (813) 513-9835 or apply online here. You can also add this program to your cart and leave your name, phone and email. We never ask for a credit card.
Infinity Wholesale Mortgages, LLC · NMLS #2420223 · Adrian Colin, MLO NMLS #1684240 · Subject to credit approval. Educational information only; not a commitment to lend. Lender portfolio programs, not FHA-insured. Requirements and conditions apply. Equal Housing Opportunity.
