ITIN loans are currently a niche product, while the potential of this solution is huge. The Urban Institute predicts a rapid increase in annual ITIN loan origination from less than 10,000 to over 80,000. AD Mortgage helps you come prepared for this growth – we have increased the required CLTV up to 80% on owner-occupied and second homes.
ITIN Loans: A Great Solution for Your Portfolio
ITIN loans are designed for non-U.S. citizens, who have an Individual Taxpayer Identification Number (ITIN) but do not have a Social Security Number (SSN).
There is a common misconception about ITIN loans – that they are riskier and that borrowers are more likely to default. However, the creditworthiness of ITIN borrowers is statistically the same or even higher than that of SSN borrowers. 76.9% of ITIN holders made consistent on-time payments – which is 15% higher than SSN holders.
Partners who have ITIN loans in their portfolio can cover a large, underserved segment of borrowers who can qualify and afford a mortgage.
ITIN Loan Program Improvements
AD Mortgage is continuously working on expanding our offerings, helping partners better serve their clients. Now, we have improved the ITIN mortgage program so that it brings more value:
- More Flexibility for ITIN Borrowers
Borrowers can qualify with a lower down payment – convenient for those with stable income but limited reserves. - Higher CLTV = More Eligible Scenarios
Increased CLTV on owner-occupied and second homes allows partners to structure approvals for complex income or credit situations. - Strong Non‑QM Offering to Win Competitive Deals
In today’s competitive market, the ITIN loan program is a strong competitive advantage, helping mortgage originators close more deals on excellent terms.
Visit the ITIN program page to learn more details and submit a request:
This Spring: Take an Extra 25 bps on ALL Non-QM Loans
Whether you are closing an ITIN or any other Non-QM loan deal, don’t miss this limited-time offer – only this spring, get an EXTRA 25 bps on all Non-QM loans in the following states:
Arizona, California, Colorado, Connecticut, Delaware, Georgia, Illinois, Maryland, Massachusetts, Nevada, New Jersey, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Washington
Submit a program request to lock the improved pricing today:
