ITIN loans are mortgage products designed to help foreign nationals without a Social Security number purchase a home. These loans can also be used to refinance an existing mortgage.

Who Can Get ITIN Loans?

ITIN loans are ideal for prospective homebuyers without Social Security numbers. However, you should also meet the lender’s eligibility guidelines, which include a solid credit rating and consistent, verifiable income and employment. You should also be prepared to make a down payment of at least 15 percent (or higher in some instances).