Date Published: October 2012
The NSP regulations are silent on the issue of ITIN loans. 24 CFR Part 5 requires the disclosure and verification of Social Security Numbers, Employer Identification Numbers, and citizen or eligible immigration status of persons receiving NSP assistance. With few exceptions, HUD cannot make financial assistance available to applicants and participants who do not have eligible citizenship or noncitizen immigration status. If grantees can find a lender that is willing to make an ITIN loan, and the applicant is NSP eligible, there is nothing in the regulations that would prevent an ITIN loan.