We offer loans.
Take pride in a huge step towards the American dream! We can help you turn this dream into a reality. Our experienced mortgage professionals will find amazing home loan options available to help you buy the home you’ve always wanted.
ITIN mortgage loans are for those who do not have a social security number. If you have been issued an ITIN and are a resident or nonresident alien then you may be eligible for a home loan.
If you immigrated and are finding it difficult to find a lender that can help achieve home ownership we have a solution where neither citizenship or a social security number are required.
TAX ID or ITIN Program
Loan Parameters
- Minimum credit score 620 with 15% down payment.
- With 720 or higher credit scores, only 10% down payment is required
- Need to have credit scores, need at least 2 scores.
- For investment 20% down payment
- Max loan amt $1.5mil and Min loan amount $100k
- Primary, second home and investment
- Need Housing History – 12months of verifiable housing payment. Any paper trail showing 12months of rent payments.
- Tradeline requirements – 3 with 12month payment history or alternative tradelines can be substituted
- Escrow account required unless client can place 20% down payment
- Purchase, Refinance and Texas Cash out. Limit to Min loan amt $250k
- Terms: 15 and 30 years, Fixed Rates
- First time home buyers OK
- If Investment, need to have a primary home already
- Gift Funds from a relative are ok, as long as borrower has 5% of their own funds
- Reserves, usually need about 3-6 months equivalent to the new mortgage payments including taxes and insurance
- Don’t need a US Identification, only passport from their own country
Types of Income Documents Allowed:
- Full Document Loan 2-years W-2s, or 1099
- 2years of tax returns or K1’s when business owner.
- Alternative Documents – 12 or 24 month personal or business bank statements
- Profit and Loss Statement, with letter from the CPA, or tax preparer with ID
Bryan E.
Came to the Contrasto team to prequalify for a new house loan. We had worked with Contrasto when getting our current home.They took time to explain what we needed, ad were very helpful in suggesting where we could get additional help. They are great partners. The Contrasto team was very professional, courteous and provided excellent service to me when I was buying a new home.
Santiago T.
“My wife and I have used Patti's services on two different occasions when we purchased homes. She always provided excellent service, is very knowledgeable, very professional, and very friendly. We highly recommend her.”
Heltor H.
"Outstanding service!!! Patti and Team are amazing!! They will work hard to get you the best possible deal and ensure the entire process is completed in a timely manner. All the while explaining you the entire loan cycle step-by-step, so you never feel out of place. If you have any doubts about whom you should be working with, contact Patti and Team. You won't regret it!!"