ITIN Mortgage Loans in Florida
Florida has one of the largest ITIN-eligible buyer populations in the country, concentrated in Miami-Dade, Broward, Palm Beach, Orange, and Hillsborough counties. Dynamic Funding Solutions is a licensed Florida mortgage broker offering ITIN home loan programs for buyers who file taxes with an Individual Taxpayer Identification Number.
What Is an ITIN Mortgage?
- Uses your IRS-issued ITIN (starts with 9) instead of a Social Security Number
- Non-QM / non-conforming loan, not a Fannie Mae or Freddie Mac product
- Designed for lawful US residents who pay taxes but have not yet obtained an SSN
- Available for purchase and rate/term refinance
- Primary residence and investment property options
ITIN Mortgage Requirements in Florida
- Valid ITIN (IRS Form W-7)
- 2 years of ITIN tax returns (1040 with ITIN)
- OR 12 to 24 months bank statements as income alternative
- 10 to 20% down payment (LTV up to 80 to 85%)
- Alternative credit accepted: 12 months rent history, utility bills, authorized user tradelines
- Property: single-family, condos (warrantable), 2 to 4 units
ITIN Loan Programs Available in Florida
- Standard ITIN full-doc
- Bank statement ITIN (12 or 24 month deposits)
- 1099 ITIN for independent contractors
- DSCR ITIN for investors (qualifies on property rental income)
Florida Markets Where ITIN Loans Are Common
- Palm Beach County, large ITIN-eligible buyer community
- Broward County, Miramar, Pembroke Pines, Hialeah areas
- Miami-Dade County, Dynamic Funding Solutions can originate statewide
- Central Florida / Orlando metro
- Tampa Bay area
ITIN Mortgage Rates in Florida
- Rate premium over conventional: typically 1 to 2% higher
- 30-year fixed and 15-year fixed available
- ARM options with 5/1 and 7/1 terms
- Rates vary by lender, FICO equivalent, LTV, and loan amount
FAQ, ITIN Mortgage Florida
What ITIN mortgage programs are available in Palm Beach County?
In Palm Beach County, ITIN buyers can access full-doc ITIN, bank statement ITIN, and DSCR ITIN programs through non-QM lenders. Dynamic Funding Solutions maintains relationships with multiple ITIN-approved wholesale lenders.
Can I get an ITIN mortgage for a condo in Florida?
Yes, for warrantable condos. Florida has many non-warrantable condo projects, particularly investor-heavy complexes, which require non-QM condo programs separate from the ITIN question. Call to verify the specific complex before signing a contract.
Do I need to be a US citizen for an ITIN mortgage?
No. ITIN mortgages are available for non-US citizens who are lawful US residents (visa holders, DACA recipients, and others). The ITIN itself demonstrates an established relationship with the IRS.
Florida ITIN buyer? Call (215) 364-7171 or submit a contact request at dynamicfunding.net. We originate statewide across Florida.
Dynamic Funding Solutions NMLS #17144. Lena Polnet NMLS #17225. Licensed mortgage broker. This is not a commitment to lend. All loan programs subject to qualification, lender approval, and market conditions. ITIN mortgage programs are non-QM products and are not government-backed.