ITIN (Individual Taxpayer Identification Number) ITIN income loan option is for self-employed borrowers who are ITIN earners not able to qualify for a full doc mortgage loan. Tax write-offs make verifying income difficult for self-employed people. This program allows you to use ITINs for the last year or the last two years in lieu of tax returns.

• Valid ITIN Card or IRS Letter will be required; as well as a valid government issued photo identification (passport, driver’s license, etc.,)
• Available for Purchase and Refinance
• DACA Borrowers are eligible.
• Up to 50% DTI
• Up to 80% LTV
• Scores as low as 620
• Gift Funds AND Gift Equity are allowed.
• OK to have one 30-day mortgage late if more than 6 months prior.
• 40 Year Fixed with 10 Year Interest only option.

These terms and requirements are subject to change.

Contact and set up a schedule with Michael Parsi for free evaluations and consultations.

We are looking forward to hearing from you, bye.