ITIN Loans

At MOD Mortgage, we believe in creating inclusive financing solutions that cater to a diverse range of borrowers. Our ITIN Loan program is designed for non-resident and immigrant borrowers who might not have a Social Security number but possess a valid Individual Taxpayer Identification Number (ITIN). This program aims to provide a pathway to homeownership for individuals who are often underserved by traditional mortgage products.

What Are ITIN Loans?

ITIN Loans are mortgage loans available to borrowers who do not have a Social Security number but can provide an Individual Taxpayer Identification Number (ITIN) issued by the IRS. These loans are structured to accommodate the unique financial circumstances of non-residents and immigrants, making homeownership more accessible.

Features and Benefits

  • Pathway to Homeownership: Offers non-resident and immigrant borrowers a viable route to purchasing a home in the United States.

  • Flexible Documentation Requirements: Recognizes alternative forms of credit and income verification tailored to the borrower's situation.

  • Competitive Terms: Provides access to loans with competitive interest rates and terms, similar to those available with conventional mortgages.

  • Broad Property Eligibility: Eligible properties include primary residences, investment properties, and second homes, offering flexibility for various housing needs.

Eligibility and Requirements

Eligibility for an ITIN loan includes:

  • Valid ITIN: A current Individual Taxpayer Identification Number issued by the IRS.

  • Employment and Income: Proof of steady employment and income, which can include alternative documentation.

  • Credit History: Evidence of a satisfactory credit history, which may include rent, utility payments, or other forms of non-traditional credit.

  • Down Payment: A minimum down payment, which varies depending on the loan product and borrower qualifications.

How to Apply

  1. Document Preparation: Gather your ITIN documentation, proof of income, and any credit history documentation.

  2. Initial Consultation: Reach out to us for an initial discussion about your goals and how our ITIN loan program can meet your needs.

  3. Application Process: Complete our application process, which we've designed to be straightforward and accommodating to our ITIN borrowers.

  4. Closing: Once approved, our team will guide you through the closing process, helping you achieve your dream of homeownership.

Why Choose MOD Mortgage for Your ITIN Loan?

At MOD Mortgage, we're dedicated to expanding access to mortgage financing for all borrowers, regardless of their residency status. Our team specializes in ITIN loans, offering personalized support and expertise to navigate the unique challenges non-resident and immigrant borrowers may face.

Ready to Start?

If you're interested in learning more about our ITIN Loan program or if you're ready to begin the application process, contact us today. Our team is eager to assist you in taking the next step towards owning a home in the United States.