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ITIN Loan Rates Today — Live Averages & What Drives Your ITIN Quote
Compare today's itin loan rates with the current Freddie Mac PMMS national benchmark. See how credit score, LTV, DTI, alt-credit and reserves, and lock period change your quote, and get a scenario-specific rate from a Simply Approved Mortgages Loan Officer (NMLS# 2620881).
ITIN mortgage rates today are set by individual non-QM portfolio investors, not government agencies — so pricing varies widely between programs. Borrowers with an IRS-issued ITIN and no SSN can typically buy with 15%–25% down, using traditional FICO or alt-credit history. Your binding rate and APR appear only on your Loan Estimate.
- ✓ITIN mortgages let non-U.S.-citizens with an IRS-issued Individual Taxpayer Identification Number buy a home — no SSN required.
- ✓Typical down payment: 15%–25% (higher down = better rate).
- ✓No mortgage insurance on most ITIN programs — rate is the total monthly cost driver.
- ✓Alt-credit accepted on many programs (12-24 months of on-time housing, utilities, insurance) if you have no traditional FICO.
- ✓Advertised itin loan rates are indicative — your binding rate, APR, and payment appear on your Loan Estimate.
- ✓Freddie Mac PMMS is the weekly benchmark for 30-year and 15-year national averages, refreshed each Thursday.
What this means for you: Your down payment and documented income history move your ITIN rate more than anything else — a Simply Approved Mortgages Loan Officer can match your file to the right program.
Pricing snapshot
Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.ITIN Loan Rates — Today's Options at a Glance
Four real options from today's wholesale pricing for one documented sample scenario per program — no form needed. Updated twice each business day, about 10 AM and 2 PM Eastern. Your own rate depends on your credit, down payment, property, state and lock date.
Live pricing tool
Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.Compare Live ITIN Loan Rates Today — Run Your Scenario
Enter your scenario to see live wholesale pricing for Florida and Colorado. Figures are illustrative and not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate.
Non-QM loan pricing tool
Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.Bank statement, 1099, P&L and asset-based income options for self-employed borrowers. Every figure shown comes from our pricing provider for the scenario you enter — nothing is estimated.
Pricing shown is based on the scenario entered and wholesale pricing available at the time of the search. It is not a rate lock, loan approval, commitment to lend, or guarantee of terms. Rates and pricing change frequently and expire. Your actual rate, APR, payment, and costs depend on a complete application, verified credit and income, property and appraisal review, and lender underwriting approval. Binding figures appear on your Loan Estimate. Payment shown is principal and interest only and excludes taxes, insurance and mortgage insurance. Simply Approved Mortgages LLC · NMLS# 2620881 · Equal Housing Opportunity.
Written by
Simply Approved Mortgages Team
Licensed Loan Officers · NMLS# 2620881
Get your personalized scenario summary
Complete the short request and a Simply Approved Mortgages Loan Officer sends back a written summary built from your own numbers: estimated payment breakdown, estimated cash to close, the loan structures that fit your file, and what documentation the file will need.
- Estimated monthly payment with taxes and insurance
- Estimated cash to close for your scenario
- Loan options your profile may fit
- Document checklist for your file
Takes about 3 minutes · Summary shown on screen and emailed to you
Illustration only, generated from the information you enter. Not a rate quote, lock, loan estimate, pre-qualification, offer, approval, or commitment to lend. Figures are subject to credit, income, asset and property review and full lender underwriting; binding numbers appear on your Loan Estimate.
Scenario summary
- Purchase price entered
- $412,000
- Down payment entered
- $20,600
- Estimated loan amount
- $391,400
- Estimated cash to close
- $14,300
- Programs reviewed
- 4
Sample layout with example figures — your own numbers replace these. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
How ITIN mortgage rates are actually set
The Freddie Mac PMMS averages shown below are national weekly survey rates for a well-qualified borrower — they are not a personal quote. Your ITIN loan rate is a function of your credit score, loan-to-value (LTV), debt-to-income (DTI), loan purpose, occupancy, property type, loan amount, and the day and time you lock. Per the CFPB TILA-RESPA Integrated Disclosure (TRID) rules, the only binding rate figures are the ones printed on your Loan Estimate.
What drives ITIN loan pricing specifically
- ITIN loans are non-QM portfolio products — priced by the investor, not Fannie/Freddie/FHA.
- Down payment is the biggest ITIN rate driver — 20%+ down typically opens the best pricing tiers.
- Alt-credit (12-24 months of on-time housing, utility, insurance) can qualify without a traditional FICO.
- Bank statement or P&L income documentation is common on ITIN files — expect 12-24 months of history.
- Reserves of 3-6 months PITI are standard; more reserves = better pricing.
ITIN Loan qualification snapshot (2026)
| Minimum FICO | No FICO required for many ITIN programs (alt-credit accepted); 620+ scores get better pricing |
| Max LTV | Typically 75%–85% (25%–15% down) |
| Mortgage insurance / fee | No mortgage insurance on most ITIN programs — pricing is portfolio-based, not agency-driven. |
| Max DTI | Typically 43%–50% depending on investor |
Rate vs. APR on a ITIN loan
The interest rate is the cost of borrowing principal. The APR annualizes rate plus most upfront finance charges — origination, discount points. APR is disclosed on the Loan Estimate and Closing Disclosure exactly because it makes two competing itin loan offers comparable.
Want these numbers built around your file?
A short request is all it takes to get a written scenario summary back from a Simply Approved Mortgages Loan Officer. Binding figures appear on your Loan Estimate.
How to shop ITIN mortgage rates the right way
- Same day, same time. Rates move intraday — quotes from different days aren't comparable.
- Same lock period. A 15-day quote will look better than a 45-day quote from another lender.
- Compare Loan Estimates, not verbal quotes. The LE is the standardized, regulated document.
- Look at Section A + total closing costs — not just the rate.
- Check APR. It's the single-number comparison across offers.
Pro tips for ITIN loan borrowers
- Build alt-credit early — save 12-24 months of paid utility, insurance, and rent statements.
- Bank statement income lets self-employed ITIN borrowers qualify off deposits, not tax returns.
- Check your credit through MyITINCredit.com to see the report that ITIN lenders actually pull.
What Simply Approved Mortgages does differently
On eligible residential transactions we generally use a 1.5% lender-paid compensation structure — the lender pays our broker compensation under its lender-paid compensation plan, so you don't pay us a separate broker fee. It’s disclosed on your Loan Estimate. We shop your itin loan file across wholesale investors so your rate reflects real market pricing for your scenario, not retail branch overhead.
Any rate figure shown on this page is illustrative and is not a quote, lock, offer, or commitment to lend. Your binding rate, APR, and payment appear on your Loan Estimate. Simply Approved Mortgages LLC · NMLS# 2620881 · Equal Housing Opportunity.
ITIN Loan rates by state
Same live Freddie Mac PMMS benchmark plus each state's taxes, fees, and county loan limits that shape your APR.
Rate shopping a itin loan is a same-day, apples-to-apples exercise. Ask every lender for a Loan Estimate on the same lock period, then compare rate, APR, and total closing costs together. Reviewed by Simply Approved Mortgages · NMLS# 2620881 · Equal Housing Opportunity.
Compare loan officer compensation on your mortgage quote
Loan officer compensation is part of the cost of a mortgage. On eligible residential loans, Simply Approved Mortgages generally uses 1.5% lender-paid compensation. Enter the compensation shown on another lender's Loan Estimate to see the difference in dollars.
Compensation difference on this illustration: $3,750.
How lower compensation can help you
When less compensation is built into pricing, there can be room for a lower interest rate, which may lower your monthly payment.
Depending on the rate you choose, pricing can sometimes include a lender credit toward third-party closing costs, so you may bring less cash to closing.
A lower rate means a lower monthly payment, which can lower your debt-to-income ratio and may help you qualify for more home on the same income.
As a mortgage broker we compare pricing from wholesale lenders instead of offering a single bank’s retail pricing.
Tip: On page 2 of your Loan Estimate, look at Section A, "Origination Charges." If the lender pays the loan officer, that compensation usually does not appear there as its own line; it is built into the interest rate. That is why comparing the rate and any lender credits side by side matters.
Already have a Loan Estimate from another bank or broker? Share it with a Simply Approved Mortgages Loan Officer, who will compare the rate, fees and credits side by side with options we can arrange. No cost to request a review.
Illustration only — not a quote, lock, offer, or commitment to lend; binding figures appear on your Loan Estimate. Lender-paid compensation is paid by the lender, not directly by you, and is part of the loan's pricing, so the loan is not free of costs. A lower compensation figure does not by itself guarantee a lower rate or lower closing costs; individual results vary by credit, loan type, property and market conditions. Residential lending in FL and CO only. Simply Approved Mortgages LLC · NMLS #2620881 · Equal Housing Opportunity.
Estimate your itin loan payment
ITIN Loan Payment Calculator
Model principal & interest, taxes, insurance, and MI at any rate. Illustrative only — your binding figures appear on your Loan Estimate.
Mortgage payment calculator
Monthly payment breakdown
Loan amortization summary (30-year term)
Assumes a fixed-rate 30-year loan held to maturity with no prepayments. Actual amortization varies with extra principal payments, escrow adjustments, PMI/MIP, and any rate resets on an ARM.
Use my estimate — see today's rates
We'll pre-fill your calculator numbers into the quote form below. A Simply Approved Mortgages Loan Officer will personally connect with you to walk through your scenario.
Pre-approval is a soft check with no SSN and no hard credit pull. Not a loan approval or commitment to lend — binding figures appear on your federally required Loan Estimate.
Turn these numbers into a real pre-approval
Continue on our secure application page. Your Simply Approved Mortgages Loan Officer will review your numbers and follow up within one business day.
No obligation. Soft-pull options may be available.*
Next steps
Emailing your ITIN loan payment calculator scenario opens our secure request form so a Simply Approved Mortgages Loan Officer can review those numbers. Estimates are illustrative and are not a quote, lock, offer, or commitment to lend.
Talk through your scenario today
A Simply Approved Mortgages Loan Officer can confirm which of these paths actually fits your credit, income, and property. Educational only, no obligation.
Today's rates
Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.Real rates — your scenario, not a guess
Today's rate options below refresh twice each business day from our wholesale pricing engine; run your own scenario in the pricing tool. National survey averages below give you market context — they're not Simply Approved's pricing.
Our live pricing engine
See your real rate — for your scenario, in our pricing tool
Pull live, scenario-specific pricing from our wholesale pricing engine. Your binding rate and APR are confirmed on your Loan Estimate after a quick file review.
See My Live Rate →Pricing snapshot
Live ratesLive pricing. Rates are retrieved from our pricing provider when you run a scenario.Today's Mortgage Rate Options at a Glance
Four real options from today's wholesale pricing for one documented sample scenario per program — no form needed. Updated twice each business day, about 10 AM and 2 PM Eastern. Your own rate depends on your credit, down payment, property, state and lock date.
National market context
Freddie Mac PMMS — weekly U.S. averages
Loading latest PMMS averages…
PMMS figures shown above are Freddie Mac's national survey averages, published weekly by Freddie Mac (PMMS_history.csv) — they are not Simply Approved Mortgages' rates, not a quote, not a lock, and not an offer or commitment to lend. Your actual rate, APR, and payment depend on credit profile, loan program, occupancy, LTV, DTI, property type, lock period, and current market pricing at the time of lock. Your binding figures appear on your Loan Estimate. Simply Approved Mortgages LLC · NMLS# 2620881 · Equal Housing Opportunity.
Purchase market update
What buyers should know this month
30-Yr Fixed · national avg
—
Loading PMMS…
15-Yr Fixed · national avg
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2026 buying power
Conforming baseline: $832,750
FHA floor / ceiling: $541,287 – $1,249,125
Weekly benchmark
Freddie Mac PMMS refreshes every Thursday — the industry standard weekly itin loan rate barometer.
ITIN-specific pricing
ITIN loans are non-QM portfolio products — priced by the investor, not Fannie/Freddie/FHA.
Your rate = base + adjustments
FICO, LTV, occupancy, property type, and loan purpose all move the base rate you see advertised.
Cost and payment tools
Run your payment, affordability, closing cost and refinance numbers
Monthly payment, affordability, closing costs, refinance break-even and early payoff, all on one screen. This page is not written for one state, so property tax, insurance and transfer or recording charges start at neutral placeholder assumptions rather than published averages — Transfer, documentary-stamp and recording charges are set by your state and county — enter your own figure, or open the state page for a sourced seed. Insurance and tax assumptions vary widely by state, county and property, so replace these starting values with quotes for your address. Every figure is an illustrative estimate, not a quote, lock, offer, approval, or commitment to lend.
Your inputs
Estimated result
- Down payment
- $20,000
- Loan amount
- $380,000
- Principal & interest
- $2,402
- Property tax
- $333/mo
- Homeowners insurance
- $167/mo
- Estimated total monthly
- $2,902/mo
Reference sources: Tax Foundation — property taxes paid as a percentage of owner-occupied housing value, NAIC — Homeowners Insurance Report, CFPB — Understanding your Loan Estimate.
Assumptions, methodology, and limitations
Principal and interest use the standard amortization formula on the loan amount you enter. This page does not target a single state, so the property tax and insurance fields start at neutral placeholder assumptions rather than published averages — replace them with figures for your own address, or open the matching state page for sourced seeds. Closing costs apply your state's transfer / documentary-stamp practice (0.00% of price used as the buyer-side seed) plus typical title, recording, appraisal, credit and prepaid escrow lines. Refinance break-even divides your entered costs by the monthly payment difference. Early payoff runs a month-by-month amortization with your extra principal.
These tools do not include mortgage insurance, funding or guarantee fees, HOA special assessments, flood or windstorm premiums, seller credits, lender credits, discount points, or county and municipal charges specific to your parcel. Statewide averages will not match any individual property. Figures are estimates only.
Illustrative only. Binding figures appear on your Loan Estimate, and terms vary by borrower, property, lender, program, and state.
Turn these estimates into real numbers
Send your scenario to a Simply Approved Mortgages Loan Officer and get a written summary back, or compare where rates sit today. Educational only — not a quote, lock, offer, approval, or commitment to lend.
ITIN Loan rates — frequently asked questions
Answers to the most common ITIN loan rates questions, written by licensed loan officers.
Ask SAM anything about itin-loan-rates
SAM is the Simply Approved Mortgages AI assistant. It answers general questions using the reviewed guides published on this site and links you to the primary government source. It is educational only — it does not quote a rate, payment, APR, approval or commitment to lend. A Simply Approved Mortgages Loan Officer reviews every scenario before any terms are confirmed.
Hi, I'm SAM — an AI assistant for Simply Approved Mortgages. I can explain loan programs, closing costs, DTI, down payments and which calculator or guide to use. I'm not a licensed loan officer, and nothing here is a quote, approval or commitment to lend.
Ask Sam AI provides general educational information only. It is an automated assistant, may be incomplete or out of date, and does not provide legal, tax or financial advice. Nothing it produces is a rate quote, APR, pre-approval, offer or commitment to lend. Never share a Social Security number, ITIN, date of birth, account number or password in chat. Simply Approved Mortgages LLC (NMLS #2620881) arranges residential mortgage loans in Florida and Colorado. Eligibility, terms, conditions and availability vary by borrower, property, lender, loan program and state, and all loans are subject to lender underwriting and approval. Equal Housing Opportunity.
Trusted government resources
These independent government resources can help you research mortgage programs, rates, and your rights before you apply.
Freddie Mac
Freddie Mac — Primary Mortgage Market Survey (PMMS)
CFPB
CFPB — Explore Interest Rates
FRED (St. Louis Fed)
FRED — 30-Year Fixed Rate Mortgage Average
Simply Approved Mortgages is not affiliated with HUD, the CFPB, the FTC, the VA, or any other government agency. Links are provided for your independent verification.
How this page connects
Where this fits in the rates and market data library
This page sits inside our Rates and market data coverage.
What most readers open next
- How rate locks workBecause a quoted rate only matters once it is locked.
- Points and how they change pricingBecause the same rate can cost very different amounts.
- Historical rate contextBecause to judge today against a longer series.
Explore the full guide
Keep reading — the rest of the buying playbook
Each of these is a deep-dive on one piece of the purchase mortgage process. Bookmark whichever you need next.
Guide
Today's mortgage rates — all programs
Live Freddie Mac PMMS averages across every program.
Read the guide →Guide
Weekly rate update
Plain-English recap of the latest PMMS and market moves.
Read the guide →Guide
Mortgage calculator
Model P&I, taxes, insurance, and MI at any rate.
Read the guide →Guide
Affordability calculator
See how a rate change moves your max purchase price.
Read the guide →Guide
SAM Rate Index
Live note-rate and APR ranges by loan program, refreshed twice each business day.
Read the guide →Guide
FHA loan rates today
Compare fha loan rates using the same live PMMS benchmark and product-specific pricing drivers.
Read the guide →Guide
VA loan rates today
Compare va loan rates using the same live PMMS benchmark and product-specific pricing drivers.
Read the guide →Guide
Jumbo loan rates today
Compare jumbo loan rates using the same live PMMS benchmark and product-specific pricing drivers.
Read the guide →Guide
Conventional loan rates today
Compare conventional loan rates using the same live PMMS benchmark and product-specific pricing drivers.
Read the guide →Internal library
Related mortgage guides across our library
Follow the next relevant guide for your scenario.
Start My Approval
Complete this short request and a Simply Approved Mortgages Loan Officer will personally review your scenario. The form only asks what your program actually needs. Submitting it is not an application for credit and is not a commitment to lend.
Tell us about your scenario
The form below is tailored to ITIN mortgage — only the questions and documents your program needs.
Simply Approved Mortgages LLC is licensed to arrange residential mortgage loans in Florida and Colorado only. We ask first so we never collect a mortgage inquiry we are not licensed to act on.
ITIN programs use alternate credit documentation and typically require 10–20% down.
A range is enough here — no credit report is pulled and your credit is not affected.
Illustrative estimate only — not a quote, rate lock, offer of credit, or commitment to lend.
Submitting this form is not an application for credit and is not a commitment to lend. No credit report is pulled at this step.
Follow our reporting
Add Simply Approved Mortgages as a preferred source on Google
We update our itin-loan-rates guidance as HUD, FHFA, VA, USDA and CFPB publish new figures. If you want our updates to show up more often when you search Google, you can mark us as a preferred source from the Top Stories carousel:
- 1Sign in to your Google account and search a mortgage topic such as "mortgage rates".
- 2Select the icon next to "Top stories" to open the preferred sources panel.
- 3Search for Simply Approved Mortgages, tick the box, and save.
Preferred sources is a Google Search feature controlled entirely by you and by Google. Simply Approved Mortgages LLC (NMLS #2620881) does not control search results and makes no representation about how or whether our content will appear. Educational content only — not a quote, lock, offer, or commitment to lend.
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Equal Housing OpportunityMortgage Broker — Not a LenderNMLS ID# 2620881NMLS Consumer AccessFlorida Mortgage Broker License #MBR7685Colorado Mortgage Company RegistrationLicensing & Disclosures
Simply Approved Mortgages LLC | NMLS #2620881
Florida Branch Office (Miami, FL) | Branch NMLS #2688012
Florida Mortgage Broker License #MBR7685 | Colorado Mortgage Company Registration
Business Phone: (877) 813-7219
Equal Housing Opportunity
Broker identification. Simply Approved Mortgages LLC is a mortgage broker and is not a direct lender. We arrange residential mortgage loans with third-party wholesale lenders and do not make the lender's final credit decision or fund the loan. We arrange residential mortgage loans in Florida and Colorado. Business-purpose mortgage products may be arranged in additional states only where permitted by applicable law and pursuant to applicable licensing requirements or exemptions.
Credit and program terms. All loans are subject to lender credit approval, underwriting, acceptable appraisal or valuation when required, title review, insurance, and supporting documentation. Eligibility, programs, rates, APRs, points, lender credits, fees, payments, terms, loan amounts, down-payment requirements, mortgage insurance, and availability may vary based on borrower, property, occupancy, credit profile, loan-to-value ratio, debt-to-income ratio, lender, loan program, and state and may change without notice. Not all applicants, properties, products, or programs will qualify or be available in every state. Nothing on this site constitutes a loan approval, rate lock, offer, commitment to lend, guarantee of approval, or guarantee of terms or closing.
Rates, payments and calculators. Rates, APRs, payments, down payments, loan amounts, home values, estimated equity, savings, affordability estimates, closing costs, and other calculator or scenario results displayed on this site are estimates or illustrations unless expressly stated otherwise. Actual loan terms may differ. Taxes, homeowners insurance, mortgage insurance, association dues, lender charges, broker compensation, discount points, third-party charges, and other costs may apply. Advertised rates, payments, APRs, down payments, and other credit terms are subject to the assumptions and disclosures presented with the applicable advertisement. Applicable loan terms and disclosures will be provided as required for the particular transaction.
Mortgage products. FHA, VA, USDA, conventional, jumbo, non-QM, HELOC, reverse mortgage, down-payment-assistance, investment-property, DSCR, and other mortgage products referenced on this site are subject to their individual eligibility, underwriting, property, occupancy, and program requirements. Product availability varies by lender and jurisdiction. References to a mortgage product or program do not constitute a determination that a borrower or property qualifies.
Government-backed programs. Government-backed or government-insured mortgage programs referenced on this site may be subject to requirements established by the applicable government agency in addition to lender requirements. Government insurance or guaranties generally protect participating lenders against certain losses and do not constitute a guarantee of borrower approval.
Business-purpose products. DSCR, investment-property, and other business-purpose mortgage products referenced on this site are intended for qualifying business-purpose transactions. Business-purpose loans may be subject to different requirements and protections than consumer-purpose residential mortgage loans. Borrowers are responsible for accurately disclosing property occupancy and intended use.
Down payment assistance. Down payment or closing-cost assistance programs referenced on this site may be administered by governmental entities, housing finance agencies, nonprofit organizations, lenders, or other third parties. Program availability, funding, assistance amounts, eligibility requirements, repayment or forgiveness provisions, and other terms vary and may change or become unavailable without notice. Listing or referencing a program does not guarantee funding, eligibility, or mortgage approval.
Government affiliation. Simply Approved Mortgages LLC is not a government agency and is not affiliated with, acting on behalf of, sponsored by, or endorsed by HUD, FHA, VA, USDA, or any other federal, state, or local government agency. References to government agencies, programs, benefits, data, forms, or resources are provided for informational purposes and do not imply government sponsorship or endorsement of Simply Approved Mortgages LLC.
Fair lending. Equal Housing Opportunity. Simply Approved Mortgages LLC conducts business in accordance with applicable federal and state fair-housing and equal-credit-opportunity laws and does not discriminate on any prohibited basis.
No professional advice. Content on this site is educational and general in nature and is not legal, tax, accounting, financial, investment, estate-planning, or individualized government-benefits advice. Consumers should consult appropriate qualified professionals regarding their individual circumstances.
Third-party content. References or links to government agencies, lenders, assistance programs, products, services, or other third-party websites are provided for informational purposes or convenience. Simply Approved Mortgages LLC does not control and is not responsible for third-party content, availability, accuracy, or privacy practices.
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Simply Approved Mortgages LLC, 633 W 5th St, Ste 2600, Los Angeles, CA 90071 · 877-813-7219 · support@simplyapprovedmortgages.com. State licensing details available at the NMLS Consumer Access link above. © 2026 Simply Approved Mortgages LLC.