Mortgage Myth #6: You Need 20% Down for an ITIN Loan
ITIN Borrowers Can Buy a Home With Just 10% Down — Here’s How
If you’ve been told you can’t buy a home without a Social Security number — or that you need 20%+ down if you have an ITIN — you’ve been misinformed.
This myth isn’t just wrong — it’s harmful. It prevents qualified families from building wealth, stability, and generational security.
Here’s the truth: We offer an in-house ITIN loan program with down payments as low as 10%.
What’s an ITIN Loan?
An ITIN loan is designed for borrowers who don’t have a Social Security number but do have an Individual Taxpayer Identification Number (ITIN) issued by the IRS. These buyers:
- Pay U.S. taxes
- Have consistent income
- Often have excellent savings and credit behavior
- Are ready to build roots — and ownership
Our In-House ITIN Program Offers:
- 10% minimum down payment
- Fixed-rate terms
- Owner-occupied and investment options
- Manual underwriting with real guidelines — not soft pre-quals
- No broker layering — we fund these directly
Who This Helps:
- Immigrant families without SSNs
- First-time buyers in multi-generational households
- Underserved borrowers previously turned away
- Spanish-speaking and culturally diverse communities
Why This Myth Hurts Buyers: Believing this myth delays homeownership by years — and often pushes buyers into predatory or under-qualified hands.
We believe everyone deserves a fair shot at ownership.
How to Take Action:
→ Contact me here.
→ Share this with a buyer who got denied or discouraged
→ Text "ITIN Guide" to 262-696-9048 for our free guide to ITIN and Nontraditional Mortgage Solutions
Let’s break the cycle and build something better — together.
ITIN loans not your concern? Check out other myths that we're addressing here.
