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Thanks Praful Thakkar , John we do have loan options available for buyers with just a TIN as a substitute for a SS#. We can also handle situations with no domestic credit/income if that's needed as well. Feel free to shoot me a message or give me a call for specifics.
Evelyn Santiago, Manag...
If they are investors there are non confirming conventional loans not as good as Fannie but 30 year loans.
And don't forget about FIRPTA. I think that it will apply here.
John Marshall - FORE! connect with some experts here on ActiveRain - Joe Petrowsky ,George Souto , John Meussner to name a few....
Not an expert at this.
Good answers here.
Hi John Marshall - FORE! - I assume that these are foreign nationals then, correct? We can do portfolio products for these types of borrowers (including foreign income, no established US credit, etc) Feel free to contact me and we can discuss a little further in detail.
I am able to originate in AL, AK, CA, CO, CT, DE, FL, GA, HI, ID, IN, IA, KS, KY, LA, MI, MN, MS, MO, MT, NE, NV, NC, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WA, WI, and WY as well.
good question John Marshall , hope you have a great month
Before I even finished reading the whole question I was leaning towards Joe Petrowsky for an answer.
Most Banks and lenders don't loan to corporations or LLC's unless the buers signs personal liability. Some REO companies have lately allowed Investors to buy in LLC names, but lender no! Don't see any reason why someone may not have a SS # unless they are undocumented.
I have no idea, but thought I would follow along to see all the answers so I can learn more
This sounds like a question for a Mortgage Loan Officer.
Send me an email off line so that I can get a clear understanding of the number of properties, equity they have, existing debt, etc. My email address is firstname.lastname@example.org
Thank you Gabe Sanders got the shout out.
Interesting...But, many Tax ID numbers are the same as the ss. Have the clients maybe recheck this.
otherwise, I don't know how to fix this.
I don't have a clue. But maybe Joe Petrowsky can answer your question.