Foreign National & ITIN

In the globalized world we live in today, it is common for individuals from diverse backgrounds to live and work in countries away from their homeland. Many of these foreign nationals, while residing in the United States, find it essential to engage in various financial activities. To facilitate such transactions and comply with tax regulations, the Internal Revenue Service (IRS) has introduced the Individual Taxpayer Identification Number (ITIN) system.

An Individual Taxpayer Identification Number (ITIN) is a unique nine-digit identification number issued by the IRS to individuals who are required to have a U.S. taxpayer identification number but are ineligible to obtain a Social Security Number (SSN). Foreign nationals, non-resident aliens, and their dependents who need to comply with U.S. tax laws but are not eligible for an SSN can apply for an ITIN.

◾ 70% LTV Purchase

◾ 65% LTV Refinance

◾ No Credit

​For foreign nationals residing in the United States, obtaining an ITIN is not just a legal requirement but a gateway to numerous financial opportunities. By complying with tax regulations and securing an ITIN, they can smoothly engage in financial activities, claim tax benefits, and ensure their financial stability. Moreover, as the U.S. tax system evolves, it is crucial for foreign nationals to stay updated on any changes or updates regarding ITIN regulations to continue benefiting from this essential identification number.

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