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Loan amounts may range from $100,000 to $1,000,000.
Non-QM mortgage path
ITIN Mortgage
A Non-QM mortgage option for eligible borrowers who have an ITIN instead of a Social Security number.
You have a real mortgage path. The key is matching your documentation, credit, housing history, property, and goals with the right lender review.
Overview
What Is an ITIN Mortgage?
An ITIN mortgage may help eligible borrowers buy or refinance a home using an Individual Taxpayer Identification Number instead of a Social Security number. It can be a Non-QM home loan without Social Security number documentation when the rest of the borrower profile supports the loan.
This is still a real mortgage review. Lenders evaluate credit, income, assets, property, occupancy, housing history, and underwriting requirements before determining whether a loan can be approved.
Borrower fit
Who This Loan May Be Right For
ITIN mortgage programs are designed for eligible borrowers who can document a responsible path to ownership, even when the documentation is different from a traditional agency loan.
Borrowers with an ITIN instead of an SSN
First-time homebuyers with established housing history
W-2 wage earners
Self-employed borrowers
1099 independent contractors
Borrowers using bank statements, P&L, WVOE, 1099 income, or asset utilization
Buyers purchasing a primary residence or second home
Homeowners looking for rate-and-term, cash-out, or debt consolidation options
Underwriting
How Lenders Review an ITIN Mortgage
The review is practical: document the identity path, prove ability to repay, confirm the property is eligible, and show the file makes sense.
- At least one borrower generally needs a valid ITIN.
- The lender reviews income, assets, credit history, housing history, property type, and occupancy.
- Some borrowers may qualify with traditional income documents.
- Others may qualify through alternative documentation like bank statements, P&L, WVOE, 1099 income, or asset utilization.
- Stronger credit, stable housing history, lower LTV, and reserves can improve the scenario.
Program highlights
ITIN Mortgage Program Highlights
These highlights are educational and scenario-dependent. Actual eligibility depends on lender guidelines and the complete file review.
Primary residences and second homes may be eligible.
Purchase, rate-and-term refinance, cash-out refinance, and debt consolidation may be available.
15-year and 30-year fixed options may be available.
Minimum credit score may start around 660, depending on the scenario.
No FICO or limited FICO options may be available with alternative credit review.
LTV may be available up to 80%, with select scenarios potentially up to 85%.
Prepayment penalties are not permitted under this program.
Reserves may be required and vary by LTV, credit score, and occupancy.
Income
Income Documentation Options
A borrower may qualify through traditional income documents or alternative documentation, depending on how they earn and document income.
Full Doc
Paystubs, W-2s, tax returns, or a standard income review may be used when the borrower has traditional documentation.
WVOE
A written verification of employment can help document income when it is supported by deposits or paystubs.
Bank Statement
Income may be reviewed through recent personal or business bank deposits instead of a traditional tax-return-only approach.
P&L
A CPA, enrolled agent, or certified tax preparer profit-and-loss statement may help document self-employed income.
1099 Income
Independent contractor or commission-based 1099 earnings may be reviewed when the file supports stable qualifying income.
Asset Utilization
Eligible assets may be used to calculate qualifying income when the program and borrower profile support that approach.
Credit and Housing History
Borrowers with traditional FICO scores may be reviewed under standard credit requirements. Borrowers with one score or no qualifying score may still have options, but loan amount and LTV may be more limited.
Alternative credit may be used to support payment history. Housing history is important, and lenders commonly review the most recent 12 months. Major credit events may require seasoning.
ITIN Documentation
Current ITIN status must be validated. Depending on documentation type, this may include an IRS ITIN letter, W-7 documentation, tax preparer letter, or transcript-related documentation.
Exact requirements depend on whether the borrower is using full documentation or alternative documentation.
Property
Property Types That May Be Eligible
Single-family homes
Attached and detached homes
2-4 unit properties
Warrantable condos
Non-warrantable condos subject to review and possible LTV reduction
Attached PUDs
Property eligibility depends on appraisal, condition, occupancy, property type, location, and lender review.
Important notes
Guidelines and Availability
Simple Lending Mortgage LLC currently offers financing assistance where properly licensed, including Florida and Georgia. Program availability depends on borrower eligibility, property location, lender guidelines, and applicable law.
FAQ
ITIN Mortgage Questions
Can I get a mortgage with an ITIN instead of a Social Security number?
Yes, eligible borrowers may have a mortgage path using an Individual Taxpayer Identification Number instead of a Social Security number. The loan still requires a full review of credit, income, assets, property, occupancy, and lender guidelines.
Do ITIN loans require tax returns?
Not always. Some borrowers use full documentation, while others may qualify through alternative documentation such as bank statements, WVOE, P&L, 1099 income, or asset utilization.
Can self-employed borrowers qualify?
Self-employed borrowers may qualify when income can be documented and the full file meets lender requirements. Bank statements, P&L documentation, tax returns, or asset utilization may be part of the review.
Can I use bank statements for an ITIN mortgage?
Bank statement documentation may be available for eligible borrowers when deposits, business activity, reserves, credit, and property details support the scenario.
Can I qualify with 1099 income?
1099 income may be considered when the borrower can document stable independent contractor or commission-based earnings and the rest of the loan file meets guidelines.
Can I buy a second home with an ITIN loan?
Second homes may be eligible in some ITIN mortgage scenarios, subject to property, occupancy, credit, income, asset, reserve, and lender requirements.
What credit score is needed for an ITIN mortgage?
Minimum credit score may start around 660 depending on the scenario, but credit score is not the only factor. LTV, reserves, housing history, income type, property type, and documentation all matter.
Can I qualify if I do not have a FICO score?
No FICO or limited FICO options may be available with alternative credit review, though loan amount and LTV may be more limited and stronger compensating factors may be needed.
Are gift funds allowed?
Gift funds may be allowed in some scenarios, but borrower own funds may still be required and gifts generally cannot be used to satisfy reserve requirements.
Can I refinance or take cash out with an ITIN mortgage?
Rate-and-term refinance, cash-out refinance, and debt consolidation options may be available when the borrower, property, equity, and lender guidelines support the file.
Scenario review