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ITIN

Loan Program

ITIN

Our ITIN program is a mortgage solution for individuals who have an Individual Taxpayer Identification Number but do not have a Social Security Number. With this program, you can grow your business by making homeownership a reality for non-U.S. citizens.

LOAN CRITERIA

LOAN CRITERIA

Collateral

Non-Owner Occupied Single-Family Properties; Condos; Townhomes

Term:

12 – 24 Months

Loan Amount:

Up to $1.5 Million

Minimum Property Value:

$150k** **As-Completed Value

Rates:

Starting at 10.99%

Minimum FICO:

660

New Construction
Loan Program Typical Leverages

ASSUMING ENTITLEMENTS, PERMITS & APPROVED PLANS

TIER 1

Completed 10 or More Ground Up Construction Projects

PURCHASE

PURCHASE

INITIAL LOAN AMOUNT
MAXIMUM LOAN-TO-VALUE
Up to 75% of the As-Is Value
MAXIMUM LOAN-TO-COST
Up to 80% of the As-Is Value
 
Up to 75% of the As-Is Value
Up to 80% of the As-Is Value
 
MAX LOAN AMOUNT
MAXIMUM AFTER-REPAIR VALUE
Up to 75% ARV
TOTAL LOAN-TO-COST
Up to 90% LTC
 
 
Up to 75% ARV
Up to 90% LTC
 
 

REFINANCE

REFINANCE

MAXIMUM LOAN-TO-VALUE
Up to 72.5% of the As-Is Value
MAXIMUM LOAN-TO-COST
N/A
 
 
Up to 72.5% of the As-Is Value
N/A
 
 
MAXIMUM AFTER-REPAIR VALUE
Up to 75% ARV
TOTAL LOAN-TO-COST
Up to 90% LTC
 
 
Up to 75% ARV
Up to 90% LTC
 
 

TIER 2

Completed 3+ Investment Real Estate Transactions, At Least One Must Be Heavy Rehab

PURCHASE

PURCHASE

INITIAL LOAN AMOUNT
MAXIMUM LOAN-TO-VALUE
Up to 75% of the As-Is Value
MAXIMUM LOAN-TO-COST
Up to 75% of the As-Is Value
 
Up to 75% of the As-Is Value
Up to 75% of the As-Is Value
 
 
MAX LOAN AMOUNT
MAXIMUM AFTER-REPAIR VALUE
Up to 70% ARV
TOTAL LOAN-TO-COST
Up to 85% LTC
 
 
Up to 70% ARV
Up to 85% LTC
 

REFINANCE

REFINANCE

MAXIMUM LOAN-TO-VALUE
Up to 72.5% of the As-Is Value
MAXIMUM LOAN-TO-COST
N/A
 
 
Up to 72.5% of the As-Is Value
N/A
 
 
MAXIMUM AFTER-REPAIR VALUE
Up to 70% ARV
TOTAL LOAN-TO-COST
Up to 85% LTC
 
Up to 70% ARV
Up to 85% LTC
 

TIER 3

Completed 3+ Investment Real Estate Transactions, At Least One Must Be Heavy Rehab

PURCHASE

PURCHASE

INITIAL LOAN AMOUNT
MAXIMUM LOAN-TO-VALUE
Up to 70% of the As-Is Value
MAXIMUM LOAN-TO-COST
Up to 72.5% of the As-Is Value
 
Up to 70% of the As-Is Value
Up to 72.5% of the As-Is Value
 
MAX LOAN AMOUNT
MAXIMUM AFTER-REPAIR VALUE
Up to 65% ARV
TOTAL LOAN-TO-COST
Up to 85% LTC
 
 
Up to 65% ARV
Up to 85% LTC
 

REFINANCE

REFINANCE

MAXIMUM LOAN-TO-VALUE
Up to 67.5% of the As-Is Value
MAXIMUM LOAN-TO-COST
N/A
 
 
Up to 67.5% of the As-Is Value
N/A
 
 
MAXIMUM AFTER-REPAIR VALUE
Up to 65% ARV
TOTAL LOAN-TO-COST
Up to 85% LTC
 
Up to 65% ARV
Up to 85% LTC
 

TIER 4

New Customer

PURCHASE

PURCHASE

INITIAL LOAN AMOUNT
MAXIMUM LOAN-TO-VALUE
Up to 70% of the As-Is Value
MAXIMUM LOAN-TO-COST
Up to 70% of the As-Is Value
 
Up to 70% of the As-Is Value
Up to 70% of the As-Is Value
 
MAX LOAN AMOUNT
MAXIMUM AFTER-REPAIR VALUE
Up to 65% ARV
TOTAL LOAN-TO-COST
Up to 82.5% LTC
 
Up to 65% ARV
Up to 82.5% LTC
 

REFINANCE

REFINANCE

MAXIMUM LOAN-TO-VALUE
Up to 65% of the As-Is Value
MAXIMUM LOAN-TO-COST
N/A
 
 
Up to 65% of the As-Is Value
N/A
 
 
MAXIMUM AFTER-REPAIR VALUE
Up to 65% ARV
TOTAL LOAN-TO-COST
Up to 82.5% LTC
 
 
Up to 65% ARV
Up to 82.5% LTC
 
 

At least one borrower or guarantor must have the number of qualifying pieces of experience as dictated above or equivalent experience in the past three (3) years and at least one (1) year in the business of acquiring real estate for investment purposes or renovating real estate.

READY TO GET STARTED?

Apply Now

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