Florida ITIN Loans — Buy a Home With Your Tax ID, No SSN Required

Eligible borrowers: non-US citizens or non-US permanent residents who file US tax returns using an ITIN. No SSN or green card required. No visa or Employment Authorization Document (EAD) required. DACA recipients qualify with either an SSN or ITIN. You must be living and working in the US (this distinguishes ITIN from foreign national loans, which are for buyers living abroad).

ITIN loan down payments typically range from 15% to 25% depending on credit score, property type, and loan amount. Some programs accept as little as 15% down for primary residences with strong FICO and stable income. Investment properties usually require 20–25%. Gift funds from family are typically allowed. The down payment must come from documented, sourced funds in your US bank account.

Minimum 640 FICO for most ITIN programs (some lenders go down to 620). Best pricing at 700+ FICO. Maximum DTI: 50% with strong compensating factors (cash reserves, stable employment, low loan-to-value). Some programs use alternative credit references in addition to or instead of US credit — utility bills, rent payment history, insurance payments, foreign credit reports.

Yes, ITIN loans finance: single-family residences, 1–4 unit properties (owner-occupied), townhomes, PUDs, warrantable condos, and non-warrantable condos. Eligible for primary residence, second home, AND investment property purchases — this is a key advantage over foreign national loans, which can’t be used for primary residences. Max loan amount is typically $2,500,000.

Required: valid ITIN card, passport from country of citizenship, 2 years of US tax returns filed under your ITIN, recent pay stubs (or business documentation if self-employed), 2–3 months bank statements, proof of US residence (lease or utility bills). Optional but helpful: foreign credit references, US credit references (utilities, rent history), letter from your CPA verifying income.

ITIN loan rates typically run 1.0%–2.5% higher than US-citizen conventional loans. The rate premium reflects the specialty non-QM underwriting and limited lender pool. Best pricing kicks in with 700+ FICO, 25%+ down, and 12+ months reserves. We work with multiple ITIN-friendly lenders to find you the most competitive rate — ITIN pricing varies significantly by lender.

ITIN loans are for buyers who LIVE and WORK in the United States but don’t have an SSN. Foreign national loans are for buyers who LIVE ABROAD and want to buy US property as a second home or investment. ITIN loans require US tax returns, allow primary-residence purchases, and have lower down payments (15–25%). Foreign national loans require foreign income documentation, restrict purchases to second homes/investments, and require larger down payments (25–40%).