Buy or refinance a property with or without showing your tax returns
What Are ITIN Loans?
At LBC Mortgage, we help borrowers turn the dream of homeownership into reality—even if they don’t have a Social Security Number. Through ITIN loans in Colorado, we offer financing solutions to individuals who pay taxes using an Individual Taxpayer Identification Number (ITIN). Our team understands the challenges ITIN holders face and provides a clear, supportive path to securing a home loan.
Understanding ITINs and Their Purpose
An Individual Taxpayer Identification Number (ITIN) is issued by the IRS to people who are not eligible for a Social Security Number but need to file taxes. ITINs are often used by immigrants, international workers, and others who are not U.S. citizens or permanent residents.
While ITINs allow individuals to comply with federal tax laws, they also open doors to financial products—most notably, ITIN loans, which can be used to purchase property in the U.S.
How ITIN Loans Work
ITIN loans in Colorado work similarly to traditional mortgage loans. The main difference is that borrowers use an ITIN instead of a Social Security Number. These loans are offered by select lenders, including LBC Mortgage, who are familiar with the underwriting process for non-traditional applicants.
We guide clients through the entire mortgage process, from pre-qualification to closing, helping them overcome credit, documentation, or income barriers.
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Why ITIN Loans Are Important in Colorado
Serving a Diverse and Growing Population
Colorado is home to a diverse population, including a large number of immigrants and mixed-status families. According to the American Immigration Council, immigrants make up over 10% of Colorado’s population as of 2025. Many of these individuals work, pay taxes, and contribute to their communities—but face limited access to traditional financial services.
ITIN loans in Colorado fill this gap, making homeownership accessible to people who are excluded from conventional lending programs.
Building Stability Through Homeownership
Owning a home offers stability, long-term savings, and the ability to build equity. For ITIN holders, this opportunity can be life-changing. At LBC Mortgage, we’ve seen firsthand how our ITIN clients create generational wealth by becoming homeowners, even when other lenders turned them away.
Who Can Apply for an ITIN Loan in Colorado?
Basic Eligibility Requirements
To qualify for an ITIN loan, borrowers must meet basic criteria:
- Have a valid ITIN
- Provide proof of income
- Submit a 2-year tax return history (with ITIN)
- Provide a government-issued photo ID (foreign passport is acceptable)
- Show bank statements and proof of savings for the down payment
Some lenders require a U.S. credit score, but at LBC Mortgage, we also accept alternative credit history like rental, utility, or phone bill payments.
Documentation You’ll Need
Documentation is key. Our team at LBC Mortgage works closely with ITIN borrowers to gather and organize the right paperwork. This typically includes:
- Two years of tax returns filed under your ITIN
- Recent pay stubs or bank statements
- A letter from your employer (if applicable)
- Proof of residence (rental agreements or utility bills)
We make the process as smooth as possible by helping you understand each step.
What Makes ITIN Loans Different?
Down Payment Requirements
Most ITIN loan programs in Colorado require a 10% to 20% down payment, depending on your credit history and documentation. While this is higher than some conventional loans, it reflects the lender's increased risk and the lack of a traditional credit profile.
However, LBC Mortgage works with clients to find the best available terms. We also help borrowers plan and prepare to meet the down payment requirements.
Interest Rates and Terms
Interest rates for ITIN loans may be 0.5% to 2% higher than standard mortgages. This is because of the additional risk perceived by lenders. Despite this, many of our clients find the benefits far outweigh the cost—especially when factoring in home appreciation and equity growth.
Loan terms are typically 15 or 30 years, with both fixed and adjustable-rate options available. LBC Mortgage offers competitive rates by working with a wide network of lenders.
No U.S. Credit Score? No Problem
Many ITIN holders don’t have a U.S. credit history. That doesn’t disqualify them from a loan. At LBC Mortgage, we evaluate non-traditional credit sources like:
- Rent payment history
- Utility and phone bills
- Remittance records (sending money abroad)
These alternative documents help us build a clear picture of your financial responsibility.
The Growing Demand for ITIN Loans in Colorado
A Market with Huge Potential
According to the Urban Institute, the ITIN mortgage market is still underdeveloped, with only 5,000 to 6,000 ITIN loans originate across the U.S. However, the demand is increasing—especially in states like Colorado where immigrant communities are growing.
This shows a major opportunity for financial inclusion. At LBC Mortgage, we’re leading the way by serving this underserved market with transparency and respect.
How ITIN Loans Support Local Communities
When ITIN holders buy homes, the entire community benefits. Homeownership improves neighborhood stability, increases property values, and promotes civic engagement. Every ITIN loan we close in Colorado helps strengthen the local housing market.
We’re proud to support this positive impact by helping clients secure financing that changes lives.
Why Work with LBC Mortgage?
Expertise in ITIN Lending
Most lenders are unfamiliar with ITIN loan requirements. That’s where we stand out. LBC Mortgage specializes in ITIN loans in Colorado. Our experienced team has guided hundreds of borrowers through this unique process.
We stay current on program guidelines, lender updates, and credit requirements so our clients always receive accurate, up-to-date information.
Personalized Loan Support
We don’t use a one-size-fits-all approach. Every borrower has a unique story, and we take the time to understand yours. From your first consultation to final closing, our team offers personalized support and clear communication.
Access to a Wide Network of Lenders
Unlike banks that offer only one product, LBC Mortgage works with dozens of lenders nationwide. This gives us the flexibility to match you with a lender that fits your profile—even if you’ve been denied elsewhere.
How to Start the ITIN Loan Process
Step 1: Speak with an Expert
Contact our ITIN loan specialists for a free consultation. We’ll explain the process and review your financial documents.
Step 2: Get Pre-Qualified
We’ll help you get pre-qualified so you know how much home you can afford. This also gives you a strong position when negotiating with sellers.
Step 3: Submit Your Application
Our team helps you prepare and submit all the paperwork. We’ll stay in touch throughout the underwriting and approval process.
Step 4: Close and Move In
Once approved, we’ll guide you through closing day and hand over the keys to your new home.
Contact Us Today
ITIN loans in Colorado make homeownership possible for thousands of residents who might otherwise be excluded from the mortgage market. At LBC Mortgage, we specialize in helping ITIN borrowers navigate the complex process with clarity, honesty, and expert support.