NSP FAQ
Q

Is an applicant who has an Individual Taxpayer Identification Number (ITIN) eligible for assistance under the NSP program?

Date Published: October 2012

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A

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.


Tags: NSP Homebuyer Assistance Programs - Homebuyer Program Design and Implementation

FAQ ID:

611