How to Use a Tax ID Number to Get a Mortgage | Sapling.com

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$150,000 (mortgage amount) x 4 percent (mortgage interest rate) x. Thus, the borrower would be able to claim $1,200 in credit on his or her annual tax return.. meet the program's income and purchase price restrictions, and use. housing credit recommended practices · Reference Guides · Careers.

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An ITIN is an individual tax identification number and was created as an. the typical process for an undocumented immigrant to qualify for a mortgage and start on the. practices that many undocumented immigrants use to purchase a home.

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