ITIN loans are home loans for people who pay taxes with an Individual Taxpayer Identification Number instead of a Social Security number. You can buy or refinance a primary home or a second home with an ITIN loan. Financing goes up to 80% of the home’s value, so plan on a 20% down payment. You can prove income with W-2s, tax returns, or 12 to 24 months of bank statements. Credit scores start at 620. ITIN loans are a Non-QM product, which means they follow the lender’s own rules instead of Fannie Mae, FHA, or VA rules. We are lending in 49 states.
No Social Security number does not mean no mortgage. If you file taxes with an ITIN, have steady income, and have a 20% down payment, you have a real path to owning a home. We run ITIN files every month and we know exactly what the program needs.
No SSN required. No credit pull. Takes about 2 minutes.
What Is an ITIN Loan?
An ITIN loan is a mortgage for a borrower who does not have a Social Security number but does have an ITIN from the IRS. Most government and Fannie Mae loans require a Social Security number, so ITIN buyers are shut out of them. ITIN loans fill that gap. They are made by lenders under their own Non-QM guidelines. You get a normal 15, 30, or 40 year mortgage on a home you own and live in. The rate is set by your credit, your down payment, and how you prove income.
ITIN Loan Facts at a Glance
No Social Security number needed
Your ITIN is your tax ID for the loan. You must have filed taxes with it.
Up to 80% financing
A 20% down payment covers a purchase. Refinances also cap at 80% of value.
Bank statements or tax returns
Prove income with 1 or 2 years of W-2s or tax returns, or 12 or 24 months of personal or business bank statements, 1099s, or a CPA profit and loss statement.
Credit scores from 620
Standard credit seasoning applies. Recent bankruptcy or foreclosure must be seasoned under the normal rules.
Primary and second homes
You must live in the home or use it as a second home. Rental property is not eligible on the ITIN program.
Loans from $125,000
Purchase, rate-and-term refinance, and cash-out refinance are all allowed.
How an ITIN Home Loan Works
Show your ITIN and your tax history
We need your ITIN letter from the IRS and proof you have filed returns with it. If you have filed for two years, full-doc is the simplest path.
Pick your income path
W-2 or tax returns if your returns show enough income. Bank statements, 1099s, or a CPA P&L if your returns do not tell the full story. Most ITIN borrowers who own a business use bank statements.
We pull credit
ITIN borrowers often have a real credit score. If you do, it drives your rate. The floor is 620.
Plan the down payment and savings
20% down on a purchase. The program also wants a few months of your new payment in savings after closing. First-time buyers need six months.
Underwriting and closing
A person reviews your file. Expect about 30 days from contract to keys on a clean file.
ITIN Loan Requirements
Source: PRMG Non-QM Income Qualifying product profile dated June 4, 2026 and the PRMG Non-QM comparison matrix effective May 28, 2026. ITIN loans run on the Non-Prime program with an ITIN product code.
How ITIN Borrowers Prove Income
This is where most ITIN files are won or lost. There are two paths.
Full documentation. You give us one or two years of tax returns or W-2s. If your returns show enough income to cover the new payment and your other bills, this is the cleanest path and often the best rate.
Bank statements. Many ITIN borrowers run a business and write off most of their income on taxes. Bank statements fix that. We add up 12 or 24 months of deposits into your personal or business account. Personal statements count 100% of eligible deposits. Business statements use an expense factor, so about half the deposits count as income. Read how bank statement loans work for the full method.
What About Credit?
ITIN borrowers can and do build U.S. credit. Credit cards, car loans, and rent reporting all show up. If you have a score, we use it. The program floor is 620, and a higher score gets you a better rate. If you have no score at all, talk to us before you apply. There may be a path, but it takes more work and we would rather map it out first.
Down Payment and Savings
Plan on 20% down. Gift funds from family are common on ITIN files and we walk you through the paperwork. After closing, the program wants to see reserves: money still in the bank that could cover your new payment. Three months is the standard. If you have never owned a home, six months.
ITIN Loan vs. FHA and Conventional
ITIN Loan Myths We Hear Every Week
“There is no credit check.”
There is. Ads that promise ITIN loans with no credit check are not talking about mortgages. Every ITIN home loan pulls credit.
“You need a co-signer with a Social Security number.”
No. The ITIN borrower qualifies on their own income and credit.
“You can only buy a cheap house.”
The minimum loan is $125,000. There is no low ceiling. Larger loans need stronger credit and more savings.
“ITIN loans are only in Texas or California.”
We lend in 49 states. Colorado, Texas, Florida, Georgia, North Carolina, and Arizona are all common.
“You cannot refinance.”
You can. Rate-and-term and cash-out refinances are both allowed, up to 80% of value.
“An ITIN loan is a rent-to-own deal.”
It is a standard mortgage. You own the home from day one.
ITIN Loan FAQ
What are ITIN loans?
ITIN loans are home loans for people who file taxes with an Individual Taxpayer Identification Number instead of a Social Security number. They are Non-QM loans, so the lender sets the rules instead of FHA or Fannie Mae. You can buy or refinance a primary home or a second home.
Can I get a home loan with an ITIN number?
Yes. You need an IRS-issued ITIN, a record of filing taxes with it, a credit score of at least 620, and a 20% down payment. Income can be proved with tax returns, W-2s, or 12 to 24 months of bank statements.
How much down payment do I need for an ITIN loan?
20%. The program finances up to 80% of the home’s value on a purchase or a refinance. Gift funds from family are allowed.
Do ITIN loans check credit?
Yes. Every ITIN mortgage pulls a credit report. The minimum score is 620. A higher score gets a better rate. Offers for ITIN loans with no credit check are not mortgages.
Can I use bank statements instead of tax returns on an ITIN loan?
Yes. 12 or 24 months of personal or business bank statements, 1099 forms, or a 12-month CPA profit and loss statement all work. This is the most common path for ITIN borrowers who own a business.
Can I buy a rental property with an ITIN loan?
No. The ITIN program covers primary homes and second homes only. Investment property is not eligible.
Is there a minimum loan amount?
Yes. $125,000. Purchase, rate-and-term refinance, and cash-out refinance are all allowed. Cash-out is capped at $500,000.
Can I refinance with an ITIN?
Yes. Rate-and-term and cash-out refinances are both allowed, up to 80% of the home’s value, on a primary or second home.
Do I need a co-signer with a Social Security number?
No. You qualify on your own credit and income. A co-borrower is allowed but not required.
What states do you make ITIN loans in?
We are lending in 49 states. New York is the only state we do not serve.
Related Non-QM Loan Programs
Bank Statement Loans
The income path most ITIN business owners use. 12 or 24 months of deposits instead of tax returns.
Foreign National Loans
Live outside the U.S. and want to buy property here? That is a different program.
Non-QM Loan Hub
Every program that works outside Fannie Mae, FHA, and VA rules, in one place.
Self-Employed Mortgages
If you own a business, start here to see every way we can document your income.
Written by
J.D. Peck
Area Manager and Mortgage Loan Originator at Paramount Residential Mortgage Group, Inc. NMLS #314883. 25+ years of mortgage experience, 3,100+ closed loans, Scotsman Guide Top Originator 2026.
Last updated: September 2026. Loan program parameters subject to change — confirm current eligibility on your specific scenario before relying on any figure shown.
Find Out If You Qualify
Tell us how you file taxes, how you get paid, and what you have saved. We will tell you which income path fits and what your payment looks like. No Social Security number needed to ask.
What are you looking to do?
No SSN required. No credit pull. Takes about 2 minutes.