ITIN loans work similarly to traditional mortgages but are designed to accommodate borrowers who use an Individual Taxpayer Identification Number instead of a Social Security number. The qualification process evaluates your ability to repay the loan through tax returns, bank statements, and employment verification. Lenders will review your ITIN tax filing history (typically requiring 2 years of returns), verify your income and employment, and assess your creditworthiness using US credit history or alternative credit documentation. The down payment requirements are typically 10-20%, and you will need to provide proof of funds for the down payment and closing costs. Once approved, the loan process follows standard mortgage procedures including appraisal, underwriting, and closing.