The ITIN DSCR (Individual Taxpayer Identification Number Debt Service Coverage Ratio) Program is tailored for non-resident borrowers who do not have a Social Security number and might not have a credit score or visa. This program focuses on the property’s income potential rather than the borrower’s personal financial history.

Key Features

  • 70% Maximum Loan-to-Value (LTV)

  • No FICO Score Required

  • No Visa Required

Why choose our ITIN DSCR Program?

  • Focus on Property Income

  • Increased Accessibility

  • Simplified Application Process

INFO-SHEET-COMING-SOON

File size: 1.40 MB
Created: 10-31-2024
Updated: 10-31-2024
Hits: 144

Download Preview

Struggling with a loan scenario? Push the button and get a solution in 30 minutes!

PLEASE NOTE: We regularly update our program information to ensure accuracy. However, program details may change rapidly. For the most current and precise information, please contact us using the form on this page, via our Contact Us page, or by phone at (800) 919-1086

Program details

To apply for our ITIN DSCR program or to learn more about how this product can accommodate your investment needs with minimal personal financial requirements, please contact our loan specialists. We are ready to assist you in navigating through the application process and securing the financing that best fits your investment strategy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Program details

hero program details.fw

  • Offers a considerable loan amount while ensuring that borrowers have substantial equity in the property.

  • Ideal for borrowers who do not have a credit history or traditional credit scores.

  • Suitable for individuals without resident or work visas, broadening accessibility to real estate investment opportunities.

  • By using the DSCR model, this program evaluates the loan based on the income generated by the property, making it suitable for investment properties.

  • Removes common barriers for non-residents and foreign nationals who wish to invest in property but lack US credit and visa documentation.

  • With no requirements for a FICO score or visa, the application process is streamlined, focusing solely on the investment property’s financial performance.

Artwork 02

ITIN DSCR Program FAQ

What is the ITIN DSCR Program?

The ITIN DSCR Program is designed for non-resident borrowers using an Individual Taxpayer Identification Number (ITIN) instead of a Social Security Number. This program evaluates mortgage eligibility based on the income generated by the property, rather than the borrower’s personal credit history or visa status.

The program offers a maximum LTV of 70%, meaning borrowers need to provide at least 30% of the property’s purchase price as a down payment.

No, there are no FICO score requirements for this program, making it accessible for borrowers who may not have an established credit history in the United States.

 

No, applicants do not need to have a visa to qualify for financing under this program, which makes it an attractive option for foreign nationals looking to invest in U.S. real estate.

 

This program is ideal for non-resident investors or foreign nationals who have an ITIN and are interested in purchasing investment properties in the U.S. It is especially suitable for those who may find traditional financing difficult due to lack of U.S. credit history or visa status.

Ready to get started?

Write to us, we will contact you within 30 minutes.

More Non-QM Programs

Non-QM

  • Artwork 06 scaled

    P&L Only Program

    Non-QM

    Simplify Your Loan Process with Just Your P&L Statements

    • NO Bank Statements
    • NO CPA Attestation to filed borrower’s taxes
    • CPA/EA/CTEC
  • Artwork 06 scaled

    ITIN 90% LTV

    Non-QM

    Get 90% LTV with Flexible ITIN Financing

    • NO Visa Needed
    • Erroneous Socials OK
    • DACA and C08 Eligible
  • Artwork 06 scaled

    No Ratio DSCR <.75

    Non-QM

    Flexible Financing for Low DSCR and Short-Term Rental Properties

    • Down to 10% DSCR
    • 75% LTV Max
    • Short Term Rental OK