: Lenders prefer a credit score of 620 or higher . If you do not have a traditional credit score, many lenders accept "alternative credit," such as proof of on-time payments for rent, utilities, or phone bills.
: You will generally need a larger down payment, typically between 10% and 20% . Some lenders may require up to 25% depending on your credit profile. can i buy a house with my itin number
Because ITIN loans are often held by lenders themselves rather than being backed by the government, they typically have stricter requirements than standard loans: : Lenders prefer a credit score of 620 or higher