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Buying a Home in Sioux Falls with an ITIN
Yes, you can buy a home without a Social Security number. Here is how an ITIN mortgage works, step by step.
An ITIN (Individual Taxpayer Identification Number) is issued by the IRS to people who pay taxes but don't have a Social Security number. Some banks offer mortgages to ITIN holders. These are not government loans (FHA, VA or USDA): each bank sets its own rules, rates and requirements.
In the Sioux Falls area, at least one local bank, Sunrise Banks, advertises ITIN mortgages for Sioux Falls and the surrounding area, with bilingual loan officers. I'll help you find the right lender and shop with confidence.
What lenders usually ask for
A current ITIN
An active ITIN from the IRS. If it expired, renew it before you apply.
Tax returns
Usually your two most recent years of federal tax returns filed with your ITIN.
Down payment
A down payment is required. The amount depends on the bank and is usually higher than an FHA loan. Ask if it can be combined with assistance programs.
Payment history
Some banks use traditional credit; others review rent, utility or phone payments. Some offer credit-builder programs.
Income documents
Pay stubs, W-2s or business records, bank statements and ID.
Homebuyer class
Many programs require a homebuyer education class before closing.
Your next steps
- Gather your ITIN tax returns and recent bank statements.
- Talk to a lender that offers ITIN loans and get pre-approved.
- Know your real budget: monthly payment, property taxes and insurance.
- Shop for homes with me. I explain every document in English or Spanish before you sign.
Common questions
Can I buy a house in Sioux Falls without a Social Security number?
Yes. Some banks offer mortgages to people with an ITIN. Rules and rates vary by bank.
How much down payment do I need for an ITIN loan?
It depends on the lender and is usually more than an FHA loan. Your lender will give you the exact amount.
Are ITIN mortgage rates higher?
Often yes, because the bank keeps the loan and takes on the risk. Some buyers refinance to a better rate later.
Do you work in Spanish?
Yes. I can guide you in Spanish or English from the first call to closing day.
Sources: Sunrise Banks Pathway2Home ITIN program (sunrisebanks.com); IRS ITIN information (irs.gov). Updated November 2026. General information, not a loan offer; each lender sets its own requirements. Marcos Diaz is not a lender.
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