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Answers (4)
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
Most banks that lend to foreign nationals do not require a SSN. Also every bank that I know will only lend to a foreign national on a 2nd home. Usually, this requires a 50% down payment with a minimum loan amount of $300,000.
Happy funding, Rudi
Happy funding, Rudi
- Gregg Lieberman, "RELawyer1"
- Contributions:5
I work with a few banks that do not require a social security number. I am more than happy to discuss options with you if you would like to email/call my office tomorrow. I work with many international clients and have a tax lawyer associated with my firm that can help shed some light on the tax matters that go along with the purchase of real estate with foreign assets.
- shapiroamg
- Contributions:3058
None. You need a valid US Social Security Number. You also need to be a Citizen, resident alien or a valid visa holder.
Before 2008, I would have suggested Banco Popular, they did loans with only ITIN:
http://ml-implode.com/imploded/lender_BancoPopularNorthAmerica-Wholesale_2008-10-28.html
- John Kenney, "John Kenney"
- Contributions:25
Karliane, your most accurate source for financing would be a mortgage broker. The mortgage world changes all the time so you will want to contact one of the brokers and seek a pre-approval. Please let me know if you would like me to send a name along to you.
John Kenney
Sr. VP Realtor
Century 21 Commonwealth
[edited by Zillow moderator to remove contact information. Please refer to Good Neighbor Policy]#1 Century 21 Company in New England
#4 Century 21 Company in the World
Can I buy a home with ITIN?
How about the down payment, what is the least amount?
What are my options?
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