Mortgage & Commercial Lending News.

Houston's premier blog for all things related to Commercial and Residential Hard Money Loans.


Banks vs. Private Money Lenders for ITIN Mortgage Loans

Posted by Jim Emerson

Sep 15, 2020 3:19:18 PM

Since the program began in 1996, the IRS has issued nearly 24 million ITIN numbers. These numbers are issued for tax purposes to immigrants who are not yet eligible to obtain a social security number or citizens of foreign nations who want to purchase property in the U.S.

They also allow undocumented immigrants to open bank accounts, take out credit cards, and even buy a home. However, finding a lender willing to fund ITIN mortgage loans can be a little tricky.

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Topics: Hard Money Loans, mortgage loans, private money lender, ITIN loans, private money lenders in houston, ITIN mortgage loans


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