Are you looking to buy a home in the United States, but you don’t have a social security number? It may be easier than you think to settle here in the U.S. Rather than a social security number, you will need an ITIN, Individual Taxpayer Identification Number. If you have an ITIN and you have the qualifications we discuss below, you could be well on your way to an approval for … [Read more...] about Can You Buy a House Without a Social Security Number
Foreign National Loans
Contrary to popular belief, you do not need a social security number in order to secure a mortgage. You can qualify for a mortgage with an ITIN number as long as you meet the requirements for the loan. This means being able to prove that you have a solid credit history, stable employment, and US-based assets. Portfolio Lenders If you do need to apply for a mortgage without a … [Read more...] about Can I Qualify for a Mortgage with an ITIN Number?
Foreign national lending has become a large component of the US housing market. The National Association of REALTORS reports that over $99 billion of real estate investment money comes from abroad, as of March 2014 and that number is only expected to rise in the near future. The homes that foreign nationals are purchasing are vacation homes and investment homes – some foreign … [Read more...] about What is Foreign National Lending?