For many individuals keep and workings in the United States without a Social Security Number, purchasing a home may seem out of strain. The good news is that are specifically designed to help populate in this situation become homeowners. These loans create new opportunities for immigrants, adventive nationals, and others who file taxes using an Individual Taxpayer Identification Number(ITIN) Mortgage licensing help.
What Is an ITIN Mortgage Loan?
An ITIN Mortgage Loan allows individuals who do not have a Social Security Number but do have an ITIN to use for and secure a home loan. This program is plain for people who are workings lawfully, gainful taxes, and causative to their communities but are not suitable for traditional funding due to their immigration status.
Unlike conventional loans that need an SSN, ITIN loans use your ITIN to control your identity, creditworthiness, and income. This opens the door for many untiring individuals to attain the American dream of owning a home without needing a putting green card or .
Who Can Apply for ITIN Mortgage Loans?
If you ve been soured down for a mortgage because you don t have a Social Security Number, you re not alone. At Duane Buziak Mortgage Broker, we specialise in helping populate who meet the following requirements:
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Valid ITIN issued by the IRS
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Proof of calm income(pay stubs, W-2s, or bank statements)
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A down defrayment of at least 10 20
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Alternative story(utility bills, rent payments, etc.)
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2 old age of consistent employment or self-employment
Our team helps steer you every step of the way from sympathy your to shutting on your new home. You don t need perfect credit or permanent wave valid status; what you do need is the right guidance and a loaner who understands your unique state of affairs.
Why Work with Duane Buziak?
At Duane Buziak Mortgage Broker, we believe everyone deserves get at to homeownership. We work eld of see in helping clients with non-traditional commercial enterprise profiles procure ITIN mortgage loans with transparentness, trust, and .
We ll work with you to understand your goals, review your documents, and you with loaning partners that volunteer aggressive rates and elastic terms. Our focalize is always on breeding and authorisation so you feel capable in every decision you make.
Learn More in Our Video
Curious about how ITIN mortgage loans work or what your next step should be? Watch our full video steer to ITIN Home Loans.
Watch here: